Unocal

Tanking Hard

Early on Monday, BP’s boyish CEO, Tony Hayward, sat in an open-collared white dress shirt and, rocking back and forth in a studio chair, submitted to a series of four network interviews about his company’s catastrophic oil spill in the Gulf of Mexico. The questions from NBC, CBS, ABC, and the BBC differed slightly, but to all the anchors, Hayward delivered a similar line: “This is not our accident.” In other words, it's not BP's fault.

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In April 2005, when President Bush decided to transfer Zalmay Khalilzad from Afghanistan to Iraq, Afghan President Hamid Karzai complained. The Afghan-born Khalilzad had been serving as U.S. ambassador to his native country, and his relationship with Karzai--which dated back to the late 1990s, when both men advised the U.S. oil company Unocal on the construction of a Turkmenistan-Afghanistan-Pakistan pipeline--was strong.

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