[Guest post by DRJ]
A few more thoughts about today’s meeting between President Obama and the BP officials:
BP’s Chairman Carl-Henric Svanberg is getting a lot of press for saying BP cares about the “small people.” He’s Swedish and this strikes me as a translation problem that shouldn’t be an issue. But it will be because too many people want BP to be mean, bad or evil — as well as financially responsible.
BP will not pay dividends this year. It’s only June and I assume that means BP won’t pay dividends for 3 quarters. I’m no stock market guru but odds are BP’s stock will go down following this news, along with the morale of its stockholders, other oil companies, and all of Britain.
Remember the report regarding President Obama’s meeting with Israeli Prime Minister Netanyahu — the one where Obama left Bibi alone to go eat dinner with his family? Apparently the President is making a habit of going in and out of the room during meetings:
“This is about accountability. At the end of the day, that’s what every American wants and expects,” Obama said after a meeting that stretched more than four hours, with Obama darting in and out of the room.”
What’s with this? Surely the President isn’t too busy to attend a meeting of this importance. If so, he needs to work on time management. If not, all I can think of is that Obama and his staff are being deliberately rude or conducting meetings by using a White House version of a Good Cop-Bad Cop.
Frankly, I find this amazing. There are a lot of business and professional people who read and comment here. Does anyone conduct a meeting this way, or do you know any successful people who do?