may be ready to resume drilling that relief well, but distrust of the b.p. hasever stopped around here. and the new worry is that b.p. is now ready to declare victory and go home. so little oil now floats in the gulf b.p. has had nothing to recover for more than a week. on the surface, this disaster seems over. >> clearly we feel like it's moving to a new phase. >> reporter: a phase that, to patrick shay, sounds like a quick b.p. getaway. >> it's corporate greed. they want to get the hell out of here. they want to be off the front page. >> reporter: on grand isle, louisiana, shay built a mock cemetery to the victims of b.p.'s leak. his closed restaurant is one of them. >> they haven't made us whole. they haven't even made us half. >> reporter: but b.p. operations have been windfall for charter captains and fisherman. at its peak, b.p. had 7,000 boats on its payroll. with the well now capped, b.p. is cutting its ties with most of them. problem is, says marina owner bill butler, most of them have grown spoiled by big b.p. paydays. >> i just put that money in the c

b.p.'s massive oil spill has been cleaned, captured or broken down in the gulf of mexico. appears the static kill method is working at the bottom of the gulf. b.p. says mud forced down the well is blocking the flow of crude oil. abc's emily schmidt has more. >> this morning b.p. says the static kill has reached a significant milestone. well pressure is controlled after eight hours of pumping mud into the broken well. 107 days into the oil spill disaster, it is the first time engineers have hoped they may have permanently choked the well. >> good news in a time where there hasn't been a lot of good news but not cause for premature celebration. >> the static kill got underway yesterday and warned a relief well still needs a bottom kill. he added b.p. and the federal government still face work in the recovery face. this is going to go well into the fall. we need to respond properly during hurricane season awe don't think after three months of oil spilling in the gulf it's captured in two weeks. >> government numbers released show 5 million barrels of oil spilled were by far th

b.p. robert dudley has a history in russia and with his first visit since the disputed two thousand and eight but this time in a new role as the c.e.o. of b.p. so one of the main topics of the discussion is likely to be b.p.'s operation in russia and russia even the. order of these global oil output currently and if we look at the future it will see that the tanking b.p. has let me have a reader will be bernie and it's very important for the company if you do the fact that b.p. is looking to raise thirty billion dollars in order to deal with the consequences of this disastrous spill in the gulf of mexico another topic of the discussion will be the nomination of tony hayward's as the director of also here at the headquarters for us now. so the talks today are up to the docks today we will know if tony hayward will join to b.p. or no but what is not likely to be on their agenda is as some media suggested is that they'll be talks concerning the sales of russia's as a b.p. but you know i think it will be on the contrary that take a b. you will be looking among other russia's oil giants will be lo

b.p. hasreed to set up a $100 million fund for affected rig workers. >>> a seventh california company is volunteerly recalling agencies. health officials continue to receive reports of people suffering from salmonella poisesonning. >> reporter: with half a billion eggs re-called, some consumers aren't taking any chance. >> i just won't buy eggs. >> reporter: investigators trace the salmonella outbreak to two farms in iowa. fda officials are look seeing -- looking into the possibility that tainted chicken feed may have poisoned the eggs. the owner has been in trouble before for health violations at other chicken farms. >> this farm clearly has red flags. the real question is, why hasn't the fda been investigating. >> they only have authority to inspect farms in july, long after the first salmonella outbreak. >> we don't have the resources to inspect as much as we would like. >> the fda can't order a rerecall, leaving consumers vulnerable to eating bad agencies. >> americans consume 220 million

has been waiting for. it came today, day 108, b.p.'s blown-out oil well has finally been plugged. a layer of cement now sits on top of it. mark strassmann is in new orleans tonight. mark, i know there's still a lot of cleanup work to do, but the static kill actually seems to have done its job. >> reporter: and if anything, katie, it did it better and faster than expected. officially, no one involved with killing this well will say it, but with any luck this leak is over. for five hours today, out in the gulf, b.p. pumped cement right down the well's throat and sealed it. >> i think we can all breathe a little easier regarding the potential we'll have oil in the gulf ever again. >> reporter: a mile below this boat, b.p. has finally plugged the leak, but the static kill is not the final kill. that's the job of the relief well still a couple of weeks away. the relief well will also pump in concrete, a bottom kill to reinforce today's top kill. but all that spilled oil, 205 million gallons, has stained louisiana's seafood industry worth $2.4 billion a year. perception is a huge proble

. >> b.p. has pumped cement on top of the heavy mud that's already been injected. yesterday it was announced that three quarters of the spill has been cleaned up. the pentagon has demanded the wikleak hand over 15,000 unpublished documents on the war of afghanistan. the documents detail hundreds of incidents including military operations. >> one of saddam hussein's most loyal deputies has given his first interview since he was captured and imprisoned after the fall of baghdad. speaking to the british newspaper "the guardian" he said iraq is in a worse state than before the war. he said the withdraw would leave the country to the wolves. >> the u.s. has flown u.s. relief mission to pakistan. hundreds of thousands of people remain in desperate need of food, drinking water, and shelter. or our correspondent reports from pakistan's northwest. >> they plead for help by the side of the road. but the traffic keeps on going. we found 13-year-old shakil armed with his banner. it says "victims of the flood." >> it might come again and to take us away. it might take my parents

and this is the third disaster b.p. has had, i think in the last three or four years. 14 people died there was another one no one died but damage was severe so this is, they're good at this. this is-- . >> rose: so did you see a similarity between the government's response to katrina and the government's response to b.p.. >> well, people have been trying to play it like that, is this obama's katrina. my answer to that, charlie, is still yet to be determined. how he deals with b.p.. as this thing goes on. this thing is to the done. and so that will be determined how he deals with b.p. and, here's the thing. when ken sal a skblar-- salazar said we need to keep b.p. responsible and we're going to keep our boot on their neck. the next day we cut to the clip to obama saying we don't need that type of language. now you've been to brooklyn. i think that isvery tame language. b.p.'s been dictating to the government what to do from the get-go, charlie. b.p. dictated faa who can fly over, who can't fly over the site. b.p. dictated to

b.p. has begun what its calling a static kill to permanently seal its ruptured oil well in the gulf of mexico. heavy mud and concrete are being pumped into the well. the process could last as long as a couple of days. >> jeff: still ahead, the word on the street is "uncertainty." despite it, some top-rated funds are making money. thestreet.com's gregg greenberg joins us to explain. >> suzanne: before you buy a company's stock, you may research its sales or products. but how much do you know about its board of directors? they are the people who guide the company's overall strategy and direction. as our series "rules of the board" continues, tom hudson talks to experts about how investors can separate a good corporate board from a bad one. >> tom: when a company gets in trouble, its the c.e.o. who gets called before congress. but behind every chief executive is a board of directors, and it's the job every member of that board to be the eyes and ears of shareholders. >> they're really there to ma

here today because i have a responsibility to the american people to do my best to explain what b.p. has done. >> i personally do not think citi was too big to manage. to be sure, it was a challenge to manage. >> tom: but while chief executives are the faces of their firms, they're backed by boards of directors keeping watch on behalf of shareholders. after all, shareholders technically decide who sits in that board room. in the best examples, experts say a board is made up of industry professionals with loads of real world experience. members are big thinkers about where a company should be and what it will take to get there. consider this group: the former c.e.o.s of i.b.m., halliburton, vodaphone, telemundo, sotheby's and chemical company celanese, a former wall street economist, a former u.s. navy rear admiral and a one-time broadway producer. sounds like it has the makings of a high quality board of directors. in 2007, that was the board of lehman brothers. >> cronyism is a polite word to describe what we've had in the past. >> tom: nell minow is a shareholder activist and co- found

but we need to do it because we have a responsibility to the american people and ultimately b.p. has a response to make the american people whole. >> rose: as you know, some people would like to say that b.p. is president obama's katrina. do you see any comparisons between the response to katrina and the response to the oil spill? >> well, i think there's some things that are similar and there's some things that are very, very different. hurricane katrina was just a... >> rose: the levies didn't hold. >> the levies didn't hold, but it had a beginning an an end. we knew within about 48, 72 hours what had happened. it was mind bonding, we were awe-struck. it's going too take years to recover from it. when this event started with went over 80 days with not knowing when it was going to end it was omni directional and the outcome was indeterminate and it made trying to create a response to this very, very difficult because you had to defend the entire gulf coast in terms of resources. it started to dwarf what was required by the original response plans. >> rose: but has it endd? >> the oi

b.p. has rejected claims it is withholding key information needed for the investigation into the gulf of mexico oil spill trans ocean the firm which owns the rig has asked for full disclosure of details about the explosion at the platform which killed eleven workers and started the leak the company is facing nearly two hundred fifty lawsuits for damages. by the disaster but denies responsibility. the u.n. looks set to reach a stargate of four hundred sixty million dollars in aid for pakistan's flood victims nations have been increasing their donations after the when secretary-general ban ki moon asked for more money at a special meeting of the general sam bailey before the address only half of some have been raised the secretary general appealed to governments to give more generously than in previous disasters saying the floods were a bigger catastrophe than many thought over twenty million people have been affected by the disaster. now plans to build a mosque near the side of the nine eleven

watching our july from moscow let's now take a look at some other stories from around the world and b.p. has rejected claims it is withholding key information needed for the investigation into the gulf of mexico oil spill trance ocean the firm which owns the rig has asked for full disclosure of details about the explosion at the platform which killed eleven workers and started a leak the company's already facing more than three hundred lawsuits for damages caused by the disaster but denies responsibility. the u.k. government has urged libya not to celebrate the first anniversary of the release of the lockerbie bomber ali al macgraw it was released by scottish authorities on medical advice and he had only three months left to live and there was anger in u.k. when all the gras you received. a hero's welcome in tripoli on his return foreign office said similar scenes will be insensitive to the families of the two hundred seventy people killed when the pan am flight was attacked. the un looks set to reach its target of four hundred sixty million dollars in aid for pakistan's flood victims nation

b.p. has rejected claims it's withholding key daven needed for a probe into the gulf of mexico oil spill disaster trans ocean the swiss firm which owns the rig has asked for information on the explosion at the platform which killed eleven workers and led to the worst oil spill in u.s. history b.p. which is already facing more than three hundred lawsuits in the u.s. alone for damage caused by the disaster tonight responsibility for the explosion. and opinion polls in australia suggest saturday's federal election could be the closest in almost fifty years the governing labor party faces a close fight to the finish with the conservative prime minister and julia guillard has received one oh man though like a crocodile has predicted she's going to win the reptile named dirty harry snapped up a chicken tree under the p.m.'s photo ignoring the opposition's poultry. now it's seventy years since leon trotsky a leader of the one nine hundred seventeen bolshevik revolution was assassinated by an undercov

b.p. has rejected claims it's withholding data needed for a probe into the gulf of mexico oil spill disaster trans ocean the swiss firm which owns the rig has also for information on the explosion of the platform which killed eleven workers and led to the worst oil spill in u.s. history b.p. is already facing more than three hundred lawsuits in the u.s. alone for damage caused by the disaster. so to bring it up to date moment i'll be back with a recap of our main stories in about ten minutes from now in the meantime martin andrews delves into the history of an ancient town that's been a stranger to modern lifestyle the tour of russia's golden ring continues with a visit to oakley coming up. our destination for that is a little gem of a place quite old that sits in the shop quarter of the volga river its height and the coach on the straight facts it was even often that parables favorite location so we're always on the outs that is it as we continue at school the goldbergs. is most likely to be

and what what is it doing out there well correct that is this chemical dispersant of choice that b.p. has was using throughout the spill these are chemicals that are designed to break down and cinqo oil so that it doesn't hit land that doesn't end up on beaches that doesn't end up covering birds and creating all of those ugly images that we that we have all we've all seen in prior oil spills. you know the. you know b.p. decided to dump you know one point eight million gallons of the stuff on the oil spill both below the surface and and at the surface basically for this reason to keep the oil. below the water and you know if anything these reports about how much of the oil is below the surface really validate the fact that these dispersants work quite effective at keeping it below the surface that said there are still a lot of concerns about you know what it means to have dumped nearly two million gallons of these chemicals into the ocean. and scientists have acknowledged that we don't really understand what that means in terms of long term consequences for the gulf of mexico we dump a lot

in other news b.p. has denied reports it may sell its german affiliates are all which owns the biggest petrol station chain in the country but oil giant says these downstream us at a crucially important for the company are all estimated at two point six billion euro zone's doing a hoffa fell's in stations throughout germany possible buyers reportedly including russian oil producer rolls left the french oil giant total and a rival gas station chain a via b.p. is looking to raise up to thirty billion dollars to build up its cash reserves after incurring heavy costs in the gulf of mexico oil. russian money fracturing is growing at his fastest pace since april two thousand and eight figures out on monday show sectors purchasing managers index rose to fifty two point seven last month driven by rising commodity prices but some experts skeptical about take it as a sign of a completed economic recovery. this index is not really an indicator of actual economic activity actually just to be deported or not it's the se

b.p. has denied reports it may sell its german affiliate which owns the biggest petrol station chain in the country but says these downstream us it a crucially important for the company are all estimated at two point six billion euro owns two and a half thousand stations to germany possible buyers reportedly include the russian oil producer roles now after b.p. is looking to raise up to thirty billion dollars to build up its cash reserves after heavy losses in the gulf of mexico oil spill. russian money fracturing is growing at is false to pay since april two thousand and eight figures out on monday show the sector's purchasing managers' index rose to fifty two point seven last month driven by a rise in prices but some experts doubt this is the sign of a broad based economic recovery. this index is not really an indicator of actual economic activity actually just to be boarding the mode it's the sentiments on by the purchases made manager of sort of the m.b. industry sorry does not really indi

some of that oil will wash ashore for weeks to come, but with the well capped, b.p. has scaled back its cleanup operations so no one has been here to clean up the oil on this part of louisiana's coast, even though b.p. knows about it and it's been sitting here since last thursday. >> ultimately we're going to have to start dealing with the local communities and the states on "how clean is clean." >> reporter: clean enough for jimmy martin. he wants all offshore waters reopened for shrimping. he's a retired shrimper now but cajun enough to want to do it everyday for fun. >> we haven't picked up any oil on the bottom at all offshore. it would be a major disaster if they don't open it up because these fellows make their living at this. >> reporter: b.p. engineers could know overnight whether the whether the static kill seems like a success and by tomorrow night decide whether to cement the well now or wait for the relief well. katie? >> couric: mark strassmann in grand isle tonight. mark, as always, thanks so much. in business news, new fallout from the mortgage meltdown. c

b.p. told us the "atlantis" crew has all the documents it needs to run the platform safely. also wanted b.p.'s perspective on the "deepwater horizon" disaster. the company scheduled an interview with its c.e.o., tony hayward. and then, they cancelled, saying no one at b.p. could sit down with "60 minutes" for this report. in other interviews, hayward has said this about transocean, the owner of the "deepwater horizon." >> tony hayward: the responsibility for safety on the drilling rig is with transocean. it is their rig, their equipment, their people, their systems, their safety processes. >> pelley: when b.p.'s chief executive officer, tony hayward, says, "this is transocean's accident," what do you say? >> bea: i get sick. this kind of division in the industry is a killer. the industry is comprised of many organizations, and they all share the responsibility for successful operations. and to start placing-- we'll call it these "barriers"-- and pointing fingers at each other is totally destructive. >> pelley: who's responsible? >> bea: b.p. >> pelley: in early may, we went

b.p. has resumed drilling a relief well in the gulf of mexico. it could be used to finish a permanent plug in the company's blown oil well. cement poured into the cap on the damaged well has already hardened. b.p. also reported today its overall costs in the spill have topped $6 billion. the u.s. military may shut down a major command and cut the budget for outside contractors by 10%. defense secretary robert gates proposed those steps and others today. he wants to save $100 billion over five years. gates targeted the joint forces command in norfolk, virginia, with nearly 5,000 workers. its mission is to improve cooperation among the services. a dispute over so-called "blood diamonds" dominated the war crimes trial of charles taylor again today. the former ruler of liberia is accused of using diamonds to finance rebels in sierra leone. actress mia farrow testified today at the trial in the netherlands. she recalled talking to british model naomi campbell in 1997 after a charity dinner that taylor also attended. >> as i recall, she was quite excite

b.p.'s new chief executive has held talks with deputy prime minister intersection in moscow rubber dudley's discussions included possible asset sales to cover the cost of b.p.'s gulf of mexico oil spill b.p. saying its interests in russia are not on the table instead the assets may be in south america or central europe than. joined by tony hayward the outgoing chief of b.p. who will take up a non-executive role on the board of russian joint venture tank a b.p. and separate news for the company it says it has succeeded in the static kill of its leaking well in the gulf of mexico and that oil is no longer leaking into the sea. russia's federal antitrust service says there's a billion dollars worth of direct foreign investment on its way ahead of the agency even have t.v. if a raft of new deals approved by the government on wednesday the agreements covers such things as transport infrastructure food and mining in particular the canadian company can cross gold will gain control over two strategic gold and silver fields in the north of russia in a deal worth more than three hundred billion dolla

spill has been either moptop or naturally dispersed president obama added that the battles that contain the massive oil spill is finally coming to finally close to coming to an end on wednesday b.p. managed to block the ruptured well by pumping in a special type of not. a federal court in california. has overturned the state's ban of showing sex marriage the job says that proposition eight violates the american constitution it could now be up to the supreme court to decide californians narraway approve the balance you years ago and what was the most expensive social political campaign in u.s. history critics of gay marriage say the latest decision is ignoring the electorate . the vote count is underway in kenya after its constitutional referendum early results showed that over sixty percent voted for laws to limit the president's powers it also includes emotional challenge changes to abortion rules land rights and muslim family courts for the first time in the country the vote was held without incident that's a march change in intense violence of the two thousand and eight presidential election where more than one thousand dives. the wall street journal reports that top u.s. inv