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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: i-node who wrote (570071)	6/3/2010 7:53:02 PM
From: tejek	Respond to of 1579729

> Apparently his BOD doesn't agree....but you, being who you are, know better. All I've heard was a comment today from another board member saying they continued to have full confidence in the guy. AFAIK, the BOD has not made any other statement on it. It would be disappointing if they did........you don't make things worse by threatening to can a guy in the middle of a crisis. However, BP plays a much bigger role in the UK than here and this spill is having a big impact over there in nearly as malignant way as here: "The other main reason Mr. Hayward will be encouraged to take gardening leave is that BP’s board of directors is under enormous pressure from shareholders to do the right thing. BP is not just another British investment. For years, it has been one of the London Stock Exchange’s greatest value creators. It is the most important name in the FTSE-100 index, meaning the shares are owned by virtually every pension, investment and insurance fund in the land. In 2009, a bad year for both BP and the wider markets, the company paid out an astonishing £6.6-billion in dividends. That was equivalent to one-seventh of all the dividends paid out by FTSE-100 companies." ctv.ca