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(Image from article: "BP Names Dudley CEO, Loses $17.15 Billion")

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BP CEO hits back at media and politicians

BP Chief Executive Bob Dudley accused some politicians and the media on Monday of being too hasty to pin all the blame on his company for the devastating Gulf of Mexico spill - and emphasized the need for deep-water drilling.

BP Names Dudley CEO, Loses $17.15 Billion

BP posted a loss of $17.15 billion and said that Robert Dudley will lead the entire company from October 1 when the embattled Chief Executive Tony Hayward steps down.

Senh: I wonder if the fact that he's an American has anything to do with his promotion.

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