NYT (emphasis added):
The magnitude of the Deepwater Horizon disaster seems to be finally sinking in with investors. BP’s stock plunged more than 8 percent Thursday in American trading in an otherwise strong day for stocks. Since the accident, the American depositary receipts of the company have fallen about 13 percent, closing Thursday at $52.56.
For Tony Hayward, who has led BP for the last three years, the accident threatens to overshadow all of the efforts he has made to burnish the tattered reputation of the company after a refinery explosion in Texas in 2005 and a pipeline leak in Alaska in 2006.
As Mr. Hayward said to fellow executives in his London office recently, "What the hell did we do to deserve this?"
I'll bet Mr. Hayward has never asked himself that question with respect to his annual salary, which Forbes puts at nearly $5 million.
# # #
NASA satellite image of the spill