Tony Heyward. the beset and beleaguered BP CEO who has become the public face of the oil company blamed for the devastating Gulf oil leak, took the weekend off to attend a yacht race off the Isle of Wight. For this he is being pummeled with more criticism, from Rahm Emanuel to Sen. Richard Shelby to angry bloggers on the Left, Right, and Center. Is going to a yacht race really that wrong, in ethical terms? Does it breach any duties or obligations? Here is the score card on what’s right, or at least “not wrong” about his conduct, and what is worthy of legitimate criticism. Continue reading →