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We have heard an interview on sky news in great britain, given by the chairman of bp, saying that the ceo of bp, tony hayward, is handing over the day-to-day responsibilities with respect to the gulf clean-up, the gulf response. the ending of this oil spilling into the gulf of mexico. let's go right to christine romans. christine, an interesting development, if it is, in fact, the case. >> well, it's interesting for a couple reasons, because this is a company that has some 80,000 employees, when you think of of how big that is, it works in 30 different countries. tony hayward is the global chi...

The chairman said on british television that he was handing it over now. now is not necessarily correct. it is about a long-term transition to bob dudley. but it goes back to what we were saying before. it puts an american face and an american person into this response as they announced a few weeks ago. >> continues to underscore the continued issues that tony hayward faces every time he does have to either deal with the press or congress or things like that. bp is really struggling to have an effective face. i have to tell you, here in the gulf of mexico, arguably the effectiveness of bp is g...

Our conference and immediately step down as ranking member of the energy and commerce committee. this is a republican, joe bonner, whose district is on the gulf coast, where you are, ali. so he understands how important not just the politics are but the reality is in terms of the anger that people have at bp and the concept of apologizing to bp in any way, shape or form is just not possible, not okay. >> i have to tell you, being down here, i don't know how that kind of stuff -- how joe barton thought that was going to play in washington. but it certainly wouldn't play around here. there was a...

For bp politically in this country, meeting with the president, as well. so some kind of a change or a handover of leadership early, or at least a change in the u.s. part of the operations coming after a very busy week. >> all right, christine, let's change gears for a second and talk about housing. we had some sense that at least the housing part of the economy is starting to stabilize. but there is evidence now that in fact there are possibilities of some bumps in the recovery in housing in this country. >> that's right. we had this sort of spring awakening in housing, right? we had a first ...

And in the weeks that followed, hayward's comments made the catastrophe even more catastrophic for bp. early on, he took heat for calling the amount of oil lost relatively tiny compared with the very big ocean. and he reportedly asked fellow executives what the hell did we do to deserve this, as if bp was somehow the victim. then this, the remark that struck deepest -- >> there's no one who want this is thing over more than i do. i'd like my life back. >> reporter: he later apologized on bp's facebook page. "i made a hurtful and thoughtless comment. i apologize especially to the families of th...