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Detailed text transcripts for TV channel - CNN - 20100617:21:19:00

That s what he s doing. let s get to tony hayward. i heard your question. he showed up, expressed his contrition and apologized once again, but when it came to substantive answers to technical questions, even though he s been with bp almost 30 years, he real didn t have a whole lost answers. how disappointed were you, congressman? well, my expectations weren t let down because i didn t really expect to get much more than proforma kind of standard response. but bart stupak and henry waxman gave him the questions a few days ago to prepare. isn t that something, but that s i m sure his lawyers just said, you know, this is what you re going to respond no matter what the question is and that s kind of what we got today. at the same time, they got to ask some questions and got to put some on record. they asked questions. members asked questions that he couldn t answer and said, okay, we ll let you respond to us in written form so we can put them in the record, and then as the inves ....

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Detailed text transcripts for TV channel - CNN - 20100617:22:58:00

Moose. the ceo was pinned down like a lab specimen while being die corrected. how would you do that? reporter: no wonder tony hayward was checking his watch less than an hour into the hearing. with respect we drill hundreds of wells around the word. that s what scarce me. one of the reasons i m so distraught would you answer yes or no? reporter: within seconds he began his testimony, a protester popped up. he ended up being arrested, describing herself as a fisher woman from the gulf coast. reporter: do you think your voice has heard today? when heyward resumed his testimony it sounded familiar like bp s commercial. the gulf spill is a tragedy ....

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Detailed text transcripts for TV channel - CNN - 20100617:22:01:00

Unless he gains a last-minute retrieve. we want to join our viewers here and around the world, i m wolf blitzer, you re in the situation room. bp s bostony hayward on capitol hill testifying fort the first time since the oil spill. the ceo giant got it from both sides of the aisle as lawmakers got a grilling. let s go to dana bash, washing it all unfold, sparks were flying. they were, chairman of that committee, just finally wrapped up a day-long hearing. and told tony hayward that his evasiveness only served to increase, not decrease america s frustration, the company is facing something else. tony hey hayward is nothing else to law makers trying to improve that bp trying to save money and did so by cutting corners. with his hand in the air, ....

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Detailed text transcripts for TV channel - CNN - 20100617:21:04:00

Tony hayward s answers to their questions or to have these lawmakers tell, it his lack of answers to their questions. listen to one exchange that hayward had with a texas republican and then another one with a democratic chairman of this full committee. the difficulties that they had had, the multiple gas kicks, losing the tools down the hole, the length of time they had been over the hole, the decisions to move quickly because we spent too much time over this well? i had no prior knowledge. who would have had that information? certainly the drilling team in the gulf of mexico. but you re the ceo of the company, and do you have any sort of technical expert who helps you with these things who might have been there? with respect, sir, we draw hundreds of wells a year all over the world. that s what scares me right now. i can t pass judgment on those decisions. even though you ve worked 28 years in the oil industry, you re the bp ceo and you said like a laser you re go ....

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Detailed text transcripts for TV channel - CNN - 20100617:22:04:00

At? i m not snowballing. he did answer this question contradicting president obama. you said bp had no reckless behavior. while hayward was bombarded. another controversy was born. when committee s top republican accused the white house forcing bp to fork over what he called a $20 billion slush fund. i think it is a tragedy of the first proportion, that a private corporation, can be subjected to what i would characterize as a shakedown, in this case, a $20 billion shakedown. i do not want to live in a country where any time, a citizen or corporation does something that is legitimately wrong, is subject to some sort of political pressure that is, again, in my words, amounts to a shakedown. so i apologize. ....

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