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Detailed text transcripts for TV channel - CNN - 20100617:18:42:00

successful cement job due to formulation breakdown. this is an internal bp confidential document from mid april. have you seen this document before? i saw it as a consequence of the letter but you did not see it at the time? but there were bp folks who saw it, correct? do your knowledge? there were certainly bp people who saw this. okay. the document said there would be potential need verify with a bond log and perform a remedial cement job, but bp chose the riskier approach. secondly, bp chose the riskier centralizer option. experts told us in testimony to this committee, the best practice would have been to use 21 centralizers, but bp only used 6. if you take a look at tab eight, it says on page 18, it says you did this even though your

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Detailed text transcripts for TV channel - CNN - 20100617:15:21:00

don lemon caught up with her exclusively. reporter: you have been so supportive of the folks down south and with the oil. what s going on in your heart with that? what s going on in my heart is the same thing that everybody feels, what is happening to all of the fishermen and the families who this time of the year would be hosting people from all over the country and all over the world there. we can only hope and pray that this will soon be resolved in a way that people can pick themselves up and we move forward. oprah winfrey and don lemon. opening statements have concluded. miss capps, miss harmen, mr. wiener, and mr. skal lease. i would like could comment that we have members of our committee and hosted us when we had the field hearing in new orleans a few weeks ago, and we had nine members go down, one of the

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Detailed text transcripts for TV channel - CNN - 20100617:17:16:00

exploration. you were vice president of bp s exploration and production. you hold a ph.d. from the university of edinborough. based on may 12th hearing, the may 25th memo, our june 14th letter to you, based on all of those facts, have you trying to tell me you have not reached a conclusion that bp really cut corners here? i think it s too early to reach conclusions with respect, mr. chairman. the investigations are ongoing, they ve identified seven key areas. and when they re complete every one of those seven key areas, sir, dealt with saving time and saving money and accepting the risk. so if we use your own words, if you re going to hold bp accountable, then we have to manage the risk. shouldn t leadership at bp be held accountable here? there is no doubt that i ve focused on safe, reliable

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Detailed text transcripts for TV channel - CNN - 20100617:15:36:00

it s interesting. there is a lot of security here, a lot more than you would normally see for an executive of any pea at all. it s almost like it s a member of the president s cabinet or a dignitary. that s how tight the security is here. so they knew that this was going to happen. they expected it. to be honest with you, sometimes when protesters interrupt and voice outrage, people are ann annoyed. in this particular case, you got the sense that the members were annoyed that he was interrupted but maybe not so much because she was voicing what they have been hearing from their constituents and the american people. you see the buzz of activity behind dana. we just heard the opening statement from tony hayward. we will get to the questions and answers beginning at the top of the hour. tony hayward saying he was sorry and bp is determined to get to the bottom to as quickly as it can contain the oil and stop the

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Detailed text transcripts for TV channel - CNN - 20100617:16:02:00

many people seem to be embracing the he skroe fund as a idea. i will tell you other people, tea party spokesmen are critical. michelle bachman saying it s a redistribution of wealth. tom price saying it s a chicago-style shakedown and a politization of the economy. i do think this is going to be something we hear the tea party conservatives saying is an overreach by the government into the economy. i wouldn t be surprised if this becomes a political theme going forward. one thing i can tease into it going forward is we ve looked at how much each of these people have raised as contributions from the oil industry. joe barton seems to have the most. our senior correspondent dana bash has been inside the hearing all day. had you a chance to talk to congressman bart stupak about what will happen today. when we get to the most difficult part of the hearing for tony hayward in questions, the committee is armed with

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