BP investors who have watched the company lose a quarter of its market value, or some $55 billion, in the past 12 months and lost their dividend payments are ready to put the company on the spot.
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- Public Discussion (12)
Iain Conn, BP's head of refining and Chief Financial Officer Byron Grote are receiving $505,000 and $621,000 for their performances not related to the oil spill.
Hayward has also grabbed headlines with a $17.9 million pension, $1.6 million payoff and about $13 million in share options despite a series of public gaffes that led to his ceding the CEO post to Dudley
28 Oct 2009, twelve days before Hurricane Ida damaged Mariana rig at well A, Tony Hayward (TH) sold 220,000 shares
10 Nov 2009 1 day after the Hurricane damage, TH & Iain Conn (IC) bought 59 shares each
17 Nov 2009 Byron Grote (BG) sold 150,000 shares
10 Dec 2009 TH & IC bought 59 shares each.
11 Jan 2010 TH & IC bought 54 shares each.
03 Feb 2010 TH sold 60,674 shares, IC sold 39,236 shares, Andy Inglis (AI) sold 34,383 shares, BG sold 41,616 shares
10 Feb 2010 TH & IC bought 59 shares each.
12 Feb 2010 BG sold 79,038 shares.
10 Mar 2010 TH & IC bought 54 shares each.
17 Mar 2010 TH sold 223,288 shares
18 Mar 2010 BG sold 75,600 shares
23 Mar 2010 AI sold 219,500 shares.
30 Mar 2010 IC sold 13,073 shares.
12 Apr 2010 TH & IC bought 50 shares each.
20 Apr 2010 Deepwater Horizon Blowout.
10 May 2010 TH bought 55 shares
10 Jun 2010 TH & IC bought 83 shares each
12 Jul 2010 TH & IC bought 85 shares each.
Total shares sold 1,156,408 and total shares bought - 1,061 shares (0.09% of the amount sold).
See the pattern yet?
- 7 votes
One must ask whether these four BP directors were acting in sync, disposing their shares to avoid detection of INsider trading since the Macondo Well was first spud in Oct 2009. Did these 4 directors know the well was going to blow in late April 2010?
- 8 votes
Received this on the email from one gulf activist on 15 Apr 2011:
read this alert on SaveOurGulf.org
GULF COAST RESIDENTS DENIED ACCESS TO BP SHAREHOLDER MEETING
by Renee Blanchard
Save Our Gulf Coordinator
Waterkeeper Alliance
Just before 6am CST I received a text message from Tracy Kuhns, the Louisiana Bayoukeeper. She and Mike, her husband, along with three other Gulf coast residents traveled to London this week to attend the BP shareholder meeting. The text message stated, "we were denied access to shareholder meeting. We didn't get rowdy we weren't given a reason."
Tracy and Mike live in Barataria Bay, Louisiana. They run a small family fishing business together, raised 6 kids and have 17 grandchildren. They are the frontlines of the BP oil disaster. They have lived for the past year with oil washing up into the canal behind their house, watching their fellow fishermen doused with dispersant while out in the water, participating in the endlessly frustrating Fineberg claims process, and playing by the rules that our government has set up to restore our coast through the Gulf Coast Ecosystem Restoration Task Force.
On April 20, 2010, 11 men were killed, 250 million gallons of oil was discharged and 1.8 million gallons of toxic dispersants was released in the environment. BP, Transocean, and Halliburton through a series of bad decisions and lax regulatory and government enforcement, created the largest environmental disaster our country has ever seen.
Tracy, Mike, and Byron (LA Oyster Association President) were all denied access to the BP shareholder meeting. They were given proxies by sympathetic shareholders so that they could confront the executives who made the decisions that led to the oil disaster that has upturned their lives.
Why is BP so scared of Tracy, Mike and Byron?
BP is spending millions on their PR machine. Every day in our local papers there is an ad from BP saying that they are making our communities whole again. TV and radio ads run in cities across the country explaining that the oil is gone, the beaches are clean, and the seafood is safe. But Tracy and Mike know differently. They are still seeing the oil. They are still seeing the health impacts of the toxic cocktail of crude oil and dispersants on their family members and friends.
Tracy and Mike hold the truth of the BP oil disaster, the truth for which BP is unwilling to take full responsibility. That's why BP is so scared.
- 7 votes
IRY. This is insanity, how can people see it for what it is?¿?
- 3 votes
While holding down the Alt key, type 0 4 4 7 (or 0 1 9 1, or 1 6 8) on your numeric keypad, then release the Alt key, and you will get the ¿
- 3 votes
Cheese, thanks. • ◘ ¿ ¿ Apparently on the notebook without numeric pad, you can't until you change to numeric mode. Got a few other characters instead. ?¿? LOL!
- 2 votes
Windows - Alt Key Numeric Codes
is a link I have bookmarked and refer to quite a bit (for letters with accents & other language characters), the page also has links to other similar pages with many more. After looking your most used ones up a couple times you remember them & they become second nature & quite helpful.
- 3 votes
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