Filed under: From the Boards , Law , Scandals , BP p.l.c. ADS (BP) , Politics , Oil Shares of BP plc ( BP ) closed today’s trading slightly lower, as the company’s CEO, Tony Hayward, appeared before Congress today to discuss the oil blowout in the Gulf of Mexico . BP has been under fire for the April 20th explosion that has resulted in the nation’s largest environmental disaster, and today the company’s CEO was in front of Congress to answer allegations that the company took cost cutting measures on the oil rig that it knew resulted in safety risks

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