Interesting in a scary way!
So, when i went out yesterday morning to grab the paper yesterday morning, there was a scary headline on the front page.
Exxon profit: $40,600,000,000 :
Beating its own record to rack up the largest annual corporate profit in American history, Exxon Mobil Corp. said yesterday it earned $40.6 billion for the year, reaping the benefits of crude-oil prices around $100 a barrel.
Exxon Mobil also topped its own record for profit in a single quarter, posting net income of $11.7 billion for the final three months of the year -- about $1 billion more than the same period in 2005, the previous quarterly record.
And the quarterly profit alone is about the same as the size of the entire economy of Iceland or Namibia. The previous record for annual profit was $39.5 billion, posted by Exxon Mobil in 2006.
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So, for fun, the Columbus Dispatch also put in the paper what $40.6 Billion would buy :
1. Pay for a year's tuition and board at Harvard for about 900,000 students.
2. Buy 156 Boeing 747-400s or 812 Boeing 737-600s.
3. Keep it and move up to No. 4 on Forbes' list last year of the world's wealthiest people, behind Bill Gates, Warren Buffett and Mexico's Carlos Slim Helu.
4. Build a stadium like the Dallas Cowboys' $1 billion project under way in Arlington, Texas, for all 32 NFL teams -- and still have a little cash left over.
5. Pay for the public education of about 4.6 million U.S. children in elementary and secondary school for a year.
Greedy Bitches!!!!
Exxon profit: $40,600,000,000 :
Beating its own record to rack up the largest annual corporate profit in American history, Exxon Mobil Corp. said yesterday it earned $40.6 billion for the year, reaping the benefits of crude-oil prices around $100 a barrel.
Exxon Mobil also topped its own record for profit in a single quarter, posting net income of $11.7 billion for the final three months of the year -- about $1 billion more than the same period in 2005, the previous quarterly record.
And the quarterly profit alone is about the same as the size of the entire economy of Iceland or Namibia. The previous record for annual profit was $39.5 billion, posted by Exxon Mobil in 2006.
----------------------------------------------------------------------------------------------
So, for fun, the Columbus Dispatch also put in the paper what $40.6 Billion would buy :
1. Pay for a year's tuition and board at Harvard for about 900,000 students.
2. Buy 156 Boeing 747-400s or 812 Boeing 737-600s.
3. Keep it and move up to No. 4 on Forbes' list last year of the world's wealthiest people, behind Bill Gates, Warren Buffett and Mexico's Carlos Slim Helu.
4. Build a stadium like the Dallas Cowboys' $1 billion project under way in Arlington, Texas, for all 32 NFL teams -- and still have a little cash left over.
5. Pay for the public education of about 4.6 million U.S. children in elementary and secondary school for a year.
Greedy Bitches!!!!