I wouldn't buy a F$%&^ newspaper at an Exxon station...
 

OVER $40 billion in profits. These guys are laughing to whole way to the bank. I am not upset over the whole gas price thing either. Almost 20 years later and they still won't pay a red cent to the people that lost everything from the Valdez spill. BASTARDS.

Tell me how you really feel.

I'm glad to hear people still buy newspapers. Gives me a sense of job security.

As for Exxon, I have no problem with them making profits, and neither does my car ... it thunders down the highway on immoral fuel the same way it does on other fuel.

Exxon still a publicly traded company, by the way ... anyone who wants a piece can have it. Or you could just complain about them. Or both. It's a world of choices.

mutual funds
 

Almost anyone who has investments with hedge funds gets a piece of the Exxon action too. Would you buy a newspaper from them if they were committed to losing money? Not sound economic advice for a company to lose money...that's why we have federal, state and local governments.

Since I own at least a tiny fraction of the company, I am quite pleased that they are making money.

vwbuge - would you prefer that US companies be run so as NOT to make money? *puzzled*

Yeah, buying shares in these companies certainly takes the sting out of all those "immoral profits," eh?

you guys just aren't seeing the bigger picture here are you?

Take a look, this is a pretty thorough piece. Look under "litigation"

http://en.wikipedia.org/wiki/Exxon_Valdez_oil_spill

I don't get it. If you are mad at Exxon, how could you not be madder at (1. The US Constitution, (2. The 9th Cir., and (3. The US Supreme Court?

For some strange reason, I feel better about huge conglomerates making buckets of money, rather than the Vanderbilts, Melons, or Rockefellers owning an industry and keeping it all in their family empires. As mentioned above, you can buy into the action if you so choose. The only other option is price controls, and we saw where that ended up.

Wait a minute. You don't think they'remaking all that money off of newspapers, do you?

Seems like the Judge and the Ninth Circuit can't get on the same page over this $5 billion dollar Punitive damage verdict. Hasn't the Ninth Circuit twice kicked this back to the judge and, in doing so, told him the verdict is unconstitutional?
And of the 4.3 billion in fines already paid, did I read that something on the order of 300 million went to individuals affected by the spill?
Now, I would tend to believe the Ninth Circuit is no friend of Exxon. Is this case on appeal to the US Supreme Court?

I don't have a dog in this fight, but they're entitled to their day(s) in court, no?

And, to repeat, if you can't beat them, join them.;)

http://www.exxonmobil.com/corporate/investor_dividend_reinvestment.aspx

"Happy Motoring"....:)

(An old Esso/Humble slogan iirc.)

Anybody who refers to Esso is revealing either their age or location. Hee hee hee. Don't they still go by Esso in Canada? I never knew why they changed their name here.

Two things a man can't choose: His parents and his birth date.
The rest is up to him.:D

And what was the Sinclair dinosauer's name? ;)
(I knew that woud get a comment out of you D.:D)

I can see him, but can't recall his name, both evidence of MY age, I guess . . . What was the question?

Look Sport...Money is money and so long as we exist in and support an unregulated free-market economy,little,piddling Morality issues are irrelevant.

The whole system of Venture Capital is predicated upon the fact that a fat balance sheet is good for the investors who have risked their money,not to mention the employment factor.....

So,we have Monopolies,and there may perhaps be manifold abuses which on occasion stick in our craw,but can you outline a better system?would you have eveything regulated so that there will be paltry incentive to strive for a profit?