BP/Browne Two lame ducks

Two long-standing leaders, both anxiously trying to hang on to their jobs long enough to restore their reputations and secure their legacies. Both suspect their highly-rated heir apparents of disloyalty and both hoped to be able to fix the succession. But the similarities between Tony Blair, the UK Prime Minister, and Lord Browne, the chief executive of BP, end there. First, Browne’s legacy, despite BP’s current difficulties, is substantial and unarguable. He turned a mid-sized European oil gro...