performance. in fact, the company s top executives are being awarded big bonuses for it. an s.e.c. filing says strans ocean s ceo got a $374,000 bonus in 2010, raising his base salary to $1.1 million. just in to cnn, president obama has officially launched his 2012 re-election campaign. he released a video that democratic sources say will be e-mailed or sent by text messages to his supporters. we re told the president could file papers with the federal election commission a bit later this week. what you re looking at it is video from the ad he launched on the web. the question is, all we ve been hearing about is all these different republicans who want to run for 2012. who is going to step up on the republican side and take the president on? we know who the likely front runners are. up until now, however, the frontrunners have been laying low. jim acosta live in washington, the 2012 election, now officially i guess under way, that we have the democratic
i think a lot of people were genuinely surprised when the epat hiz bw tt ohmyodheloutrent didn t work. that was supposed to be the last thing that stood between us and a disaster of the magnitude that did happen. so that was disturbing, even appalling. but you have to keep in mind anyone should keep in mind that s the best thing that is supposed to stand between the kind of disaster that happened. a lot of other things should not have happened as well and all of it has to be fixed so that we can have a safe drilling environment. absolutely. and well put i would say. in terms of the bp disaster specifically, trans ocean and bp are among the companies that are getting the first new permits for new deepwater drilling. do you feel like there is local concern that those companies in
genuinely surprised when the deep water horizon blew up that oh, my god the blowout preventer didn t work. that was supposed to be the last thing that stood between us and a disaster of the magnitude that did happen. so that was disturbing, even appalling. but you have to keep in mind anyone should keep in mind that s the thing that is supposed to stand between the kind of disaster that happened. a lot of other things should not have happened as well and all of it has to be fixed so that we can have a safe drilling environment. absolutely. and well put i would say. in terms of the bp disaster specifically, trans ocean and bp are among the companies that are getting the first new permits for new deep water drilling. do you feel like there is local concern that those companies in particular should get extra scrutiny because of what happened on their watch with
really brags on the capacity of those preventers. i think a lot of people were genuinely surprised when the deep water horizon blew up that oh, my god the blowout preventer didn t work. that was supposed to be the last thing that stood between us and a disaster of the magnitude that did happen. so that was disturbing, even appalling. but you have to keep in mind anyone should keep in mind that s the best thing that is supposed to stand between the kind of disaster that happened. a lot of other things should not have happened as well and all of it has to be fixed so that we can have a safe drilling environment. absolutely. and well put i would say. in terms of the bp disaster specifically, trans ocean and bp are among the companies that are getting the first new permits for new deep water drilling. do you feel like there is local concern that those companies in
house. tough on the oil spill, right? you bet. the president has delivered his toughest talk yet on the spill, and alex, it s not only directed at the companies involved in the leak and creating that leak, bp, trans-ocean and haliburton, but also federal regulators within his own administration who allowed that drilling and other drilling to go forward without the required permits. he calls it a cozy relationship between the administration and government, and he s order the the secretary to end it and end it quickly. in the meantime, he s expressed a lot of frustration. you saw those congressional hearings at the end of the week with the executives of some of those companies. the president was not impressed. he emerged from a cabinet meeting to talk about the spill behind closed doors into the rose garden yesterday, and here s what he had to say about witnessing those hearings. i have to say i did not appreciate what i considered to be a ridiculous spectacle during the congressiona