July 5, 2010
City experts reckon appointing the ex Prime Minister as chairman is the first step to saving the company after the Gulf of Mexico oil spill disaster.
They highlighted his huge popularity in America and his close links to BP as Premier.
City expert Matthew Lynn said: “Anyone who watched chief executive Tony Hayward struggle to find a voice while being skewered by Congress last week would have realised the company needs to step up its debating skills by about 1,000%.
“This is essentially a political crisis, so why not a politician?” Traders are already betting on Blair replacing chairman Carl-Henric Svanberg.
This article was posted: Monday, July 5, 2010 at 11:54 am