Thursday, June 17, 2010

Giving credit where credit is due

So the BP board has taken action. According to their Chairman who appeared at the White House yesterday to make the following statement (and gaffe), http://http://www.msnbc.msn.com/id/21134540/vp=37736716&#37736716 the board has decided to:
1.) Postpone payment of the stock dividend for the remainder of 2010 and
2.) They've appointed (actually, the government has) what's called an "adjudicator" to oversee payments to parties impacted by the disaster. None other than Ken Feinberg who is perhaps best known for handling monetary relief efforts following 9/11.

These aren't exactly bowl us over with great action moves but they're moves nonetheless. If you do manage to watch this clip, feel free to chime as in the "little people," which must be what the Chairman meant. Long way to go before we sleep on this thing called leadership.

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