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Detailed text transcripts for TV channel - CNN - 20100707:17:26:00

The majority owner bp. cnn is learning this right now. that man is kevin hostler, a former bp executive. his resignation to take effect at the end of september. a congressional oversight committee had been and continues to examine allegations by several pipeline managers that cost-cutting measures have put the integrity of the pipeline at risk. so a resignation after a congressional investigation there. bp managers have criticized this person, hostler s, cost-cutting efforts, saying they resulted in deferred work projects on the pipeline. the sources at bp s internal watchdog agency said. so that is breaking news. a resignation for the person that runs the transalaska pipeline in alaska. meanwhile, soccer fans around the globe watching the world cup, but they haven t seen anything like this, believe me. in singapore, an unlikely group of players competed for world soccer titles of a different ....

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