My FT column this week is on the BP oil rig disaster:
Once upon a time, BP stood for plain British Petroleum. Under John Browne, its former chief executive, it was Beyond Petroleum. These days, it is more like Blame the Past.
The eruption of oil from a broken well in the Gulf of Mexico, which threatens immense environmental damage, could cost BP $10bn (€7.6bn, £6.6bn) in cash terms and a great deal more in terms of tarnishing its brand under Tony Hayward, Lord Browne’s successor.
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John Gapper is an associate editor and the chief business commentator of the FT.
He has worked for the FT since 1987, covering labour relations, banking and the media. He is co-author, with Nicholas Denton, of All That Glitters, an account of the collapse of Barings in 1995.
Andrew Hill is an associate editor and the management editor of the FT. He is a former City editor, financial editor, comment and analysis editor, New York bureau chief, foreign news editor and correspondent in Brussels and Milan.
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andrewtghill: @Smoov_C Belated thanks, Carl - good to meet you all. I enjoyed the day - and my first visit to Iowa.
andrewtghill: Ariba, sold yesterday to SAP, was once a dotcom IPO rocket - up 291% on its first day of trading. My blog post: http://t.co/sfVCu2MB
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