Posted by: eseeders | January 30, 2009

Oil Barrons Continue To Rake It In

Earlier, Exxon Mobil announced that they have once again broken the yearly profit record raking in over $45 billion in profit. That’s quite a bit of pocket change they’re making all the while we’re in a devastating recession. Indeed, far be it from me to criticize corporate leaders for making money in their respective organizations, that is after all what they are paid to do.

It does however, give me pause to think that while over here we have corporations setting record profits with CEO’s seeing huge bonuses no doubt. Yet, on the other side massive layoffs are being seen throughout the economy. Perhaps we should all get into the oil business?

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Categories

%d bloggers like this: