Dear Tyler Hansborough,
plz 2 ACL.
<3,
Bobby
20 February 2008
01 February 2008
How much is 1 second of your time worth?
For Exxon Mobil, who reported record profits in 2007 of $40.6B USD--a sum which exceeded the GDP of 120 countries--last year was profitable to the tune of $1,287 per second of 2007.
When challenged during a conference call with journalists as to why Exxon Mobil reports record profits concurrent with record prices for crude oil (a.k.a.: why is Exxon getting rich when everyone else is getting poor?), Sr. VP of public affairs, Kenneth Cohen, responded that profits are a function of the size of Exxon Mobil as a business. He continued: "We hope people will focus on the reality of the challenge we are facing."
I'm sorry, Mr. Cohen: I couldn't quite clearly understand your pleas for corporate sympathy over the sound of the American economy screeching into a recession.
And by the way, to my blog readers: In the time it took you to read this post, Exxon Mobil made more money than you will net this year.
Best,
Bobby
When challenged during a conference call with journalists as to why Exxon Mobil reports record profits concurrent with record prices for crude oil (a.k.a.: why is Exxon getting rich when everyone else is getting poor?), Sr. VP of public affairs, Kenneth Cohen, responded that profits are a function of the size of Exxon Mobil as a business. He continued: "We hope people will focus on the reality of the challenge we are facing."
I'm sorry, Mr. Cohen: I couldn't quite clearly understand your pleas for corporate sympathy over the sound of the American economy screeching into a recession.
And by the way, to my blog readers: In the time it took you to read this post, Exxon Mobil made more money than you will net this year.
Best,
Bobby
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