What did Bob Dudley say when he gave his first public speech since assuming the reigns at BP, in an address to the CBI yesterday? Well, the usual suspects--BP doesn't plan to back away from Gulf of Mexico or the US markets in general, etc. But hidden inside the speech were two gems:
Gem #1: "I believe it would be fair to say that BP now has more points of contact across the US government than any other company."
Gem #2: "From a terrible accident and environmental spill grew a corporate crisis that threatened the very existence of our company – a major loss of value and loss of trust."
A 'corporate crisis' leading to a major loss of trust? Right.
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