An American President Would Never Do That . . . Uhm, Check That
Imagine that. The head of government dictating a company’s dividend policy. That would never happen here.
Except it did–with BP. And we also have a government that controls executive pay in some companies, and invalidates the contractual rights of some parties in bankruptcy in order to benefit a politically favored group.
This kind of thing works so well in making Russia a haven for investment. I’m sure it will do wonders here as well.
It is outrageous that Obama is making life difficult to such a wonderful and innocent company like BP, a company dedicated to radically changing the environment.
Comment by Ostap Bender — October 8, 2010 @ 7:42 pm