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McCallister to Testify Before U.S. Senate Regarding Oil Spill, Red Tape
June 29, 2010Fred McCallister, an investment banker with Allegiance Capital Corporation, will testify tomorrow before the Senate Commerce, Science and Transportation Committee in a hearing titled "The Deepwater Horizon Tragedy: Holding Industry Accountable". For weeks, McCallister has labored to pierce the red tape involved in bringing oil skimmers and other equipment from Europe to the Gulf of Mexico to assist in cleanup efforts. "We submitted proposals for oil skimming vessels to BP on Monday, June 14th-25 million gallons of oil ago-and were promised they would be reviewed on an expedited basis. To date, we have received no meaningful response," said McCallister. Full release.
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