PEU Report is all over the activities of former BP CEO Tony Hayward.
Hayward teamed up with financier Nathaniel Rothschild, scion of the banking family, to create Vallares Plc, a shell company that raised 1.33 billion pounds ($2.15 billion) through an initial public offering on the London Stock Exchange on June 17.
Hayward also serves on the board of TNK-BP International Ltd., BP’s fractious Russian joint venture. Glencore International Plc, the mining and commodities-trading company.
It's nice to be an insider. They will take care of you. The full PEU report is here.
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