2008-07-31

They're Crooks

Article

I keep hearing conflicting views about who is really making money in all this. You have some oil executives saying they aren't making any money. I guess $40 million per year isn't enough for these crooks, they have to get paid $50 Million per year.

I am at work, and I can't be browsing YT videos for the Kid From Brooklyn but I believe his rant said it best.

Someone is making money and it isn't the average working man.

From the article that prompted this (Thanks to Cameron Reilly)

Exxon posts new profit record
World's largest publicly traded oil firm makes $11.68 billion in the quarter, but misses forecasts.
NEW YORK (CNNMoney.com) -- Exxon Mobil once again reported the largest quarterly profit in U.S. history Thursday, posting net income of $11.68 billion on revenue of $138 billion in the second quarter.

That profit works out to $1,485.55 a second.

That barely beat the previous corporate record of $11.66 billion, also set by Exxon in the fourth quarter of 2007.

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