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EXXON CHAIRMAN GETS $400 MILLION RETIREMENT PACKAGE AMID SOARING GAS PRICES
ABC News via Drudge ^
Posted on 04/14/2006 1:20:10 PM PDT by aShepard
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To: cweese
You refuse to answer a simple question that you asked me! Amazing! You ask me details of my business relationship with Exxonmobil, and I answered with some detail! You won't answer anything at all.
Everyone else, this is how Exxonmobil acts business-wise. Rotten awful opprotunists. It's in their very CORE of business.
141
posted on
04/14/2006 2:24:13 PM PDT
by
ConTex
To: aShepard
It is truly gluttonous.
However, with gross sales of $339.9 billion and (I assume net) profit of $36.0 billion that makes their percentage 10.59%
During Raymond's tenure the stock rose by 500% which means that a $10,000 investment during this period would have grown to $5,000,000.
Gee. There's another opportunity missed.
I'm not certain but, I believe the above profit percentage to be a gross profit figure.
142
posted on
04/14/2006 2:24:17 PM PDT
by
FerdieMurphy
(For English, Press One. (Tookie, you won the Pulitzer and Nobel prizes. Oh, too late.))
To: sgtbono2002
Damn right there a lot more going on than OPEC. We have people like this reaping profit by raping Americans pockets I know , I Know I am stupid and they have right to screw us as badly as they like , its the American way . Well: When the economy is in the toilet and people have to make a choice between gas and bread on the table you can alays say it happened because its the capitalist American way. This is a fool's rant, plain and simple.
143
posted on
04/14/2006 2:24:53 PM PDT
by
the invisib1e hand
(Polls show Jesus' approval ratings at all time low, after a triumphant reception just a few days ago)
To: stockstrader
No offense taken. Just tell me why Exxon doesn't compete directly with Shell? That's all I want to know?
There's a Pizza Hut a few blocks from my house. There's a Papa John's three or so miles away, Pizza Hut, although much closer, still sends me coupons. Papa John's does too.
I'm sorry, I think the free market has failed here. Why don't employees rush out to clean my car and fill my tank as they did for my Dad in 1957? What's changed?
Past time for Congress to get ugly with these guys. Or have they all been bought off?
144
posted on
04/14/2006 2:24:53 PM PDT
by
kjo
To: aShepard
Well I guess he won't be sweating $4 a gallon gas prices.
To: stockstrader
Political reasons, obviously. Supply and demand don't come into the issue when it comes to oil. You really think that in 5 years oil supply dropped so much? Or that demand rose that much?
Nope, it's all manipulated.
146
posted on
04/14/2006 2:25:35 PM PDT
by
ConTex
To: the invisib1e hand
Bingo. Class warfare is a joke...so the guy got a ton of options/benefits. Donald Trump makes a ton on leveraging real estate. Oprah makes money with mindless chatter. No one seems upset.
This guy helps provide the globe with a real physical resource. And the class warfare dillweeds try to ream him a new one. Pathetic.
147
posted on
04/14/2006 2:25:41 PM PDT
by
Recovering_Democrat
((I am SO glad to no longer be associated with the party of Dependence on Government!))
To: wagglebee
If his company had lost money and it's stock had gone down during his tenure he would have been fired.And look how much Opry Winford is worth!
Opry certainly has a lot of people she's responsible for.
148
posted on
04/14/2006 2:26:03 PM PDT
by
FerdieMurphy
(For English, Press One. (Tookie, you won the Pulitzer and Nobel prizes. Oh, too late.))
To: ConTex
149
posted on
04/14/2006 2:26:16 PM PDT
by
cweese
(Hook 'em Horns!!!)
To: kjo
I told you that they DO in the last post...Geeez
Why aren't you including the competition from BP (British company)? Or Lukoil (Russian company) How about CITGO--While your at it,,,,see where CITGO gets it oil!
To: cweese
You too! RUN Exxonmobil SHILL!
151
posted on
04/14/2006 2:26:47 PM PDT
by
ConTex
To: stockstrader
Business is business weather it is pizza or oil.
One difference b/n Exxon and the pizza parlors is that some people can get by without eating pizza. Count me as one of those.
Certainly Exxon makes a lot of money and that is simply a return, but a CEO getting that much stinks.
Whoever said it though is right, I have as much right to criticize Exxon as does a Canadian to criticize President Bush. Anyone person taking that much $$$ is ripping off the stockholders, and that is the simple truth. One person can't even spend that much cash. If I were an Exxon stockholder, I would be unhappy over this.
152
posted on
04/14/2006 2:26:48 PM PDT
by
Radix
(Stop domestic violence. Beat abroad.)
To: yellowdoghunter
"I think this is outrageous! I can't believe some people actually think a person is worth this kind of money"
Of course no one is woth that kind of money. Compared to entertainers, sports stars and the like, it doesn't seem so outrageous. Exxon at least contributes something tangible to the everyday operation of the country
153
posted on
04/14/2006 2:27:13 PM PDT
by
Figment
To: antaresequity
"Nobody was complaining in the late 80's and 90's when Exxon execs were getting hammered and loosing money"
When exactly were Exxon executives losing money? I have a hard time believing any Exxon executive wasn't being paid an adequate wage.
154
posted on
04/14/2006 2:27:27 PM PDT
by
cccp_hater
(Just the facts please)
To: ConTex
I can see that facts, reason and logic don't work with someone who is likely a disgrunted, former Exxon employee...lol
Have a nice day!!!..:)
To: ConTex; stockstrader
Political reasons, obviously. Supply and demand don't come into the issue when it comes to oil. You really think that in 5 years oil supply dropped so much? Or that demand rose that much?
It's pretty obvious to me you don't know what you're talking about. Political reasons?!? LOL that's just RICH!!! Beyond that, it isn't that the supply is down but DEMAND is WAY up. You can't increase one part of the equation and NOT expect the other part to be impacted. You aren't looking at the situation completely but basing your opinions off of that anyway.
To: kjo
You are right. The oil companies are not part of the free market any more than most of America's cable companies and energy providers are. These industries are essentially monopolies. No free competition exists. If anyone doubts this, tell them to go start up an oil company, or gas and electric company. They can't do it even if they have the money.
To: MikefromOhio
Justify the gouging and lunacy and running off of nearly 1/2 billion all you want by one guy.. It doesn't matter.
158
posted on
04/14/2006 2:29:35 PM PDT
by
ConTex
To: kjo
I think the free market has failed here Funny how the "free market fails" when the other guy hits it big. A sentiment straight out of Das Kapital.
The man gets paid what he gets paid and it's really no one else's business -- it's between the board and himself. The shareholders can vote by dumping the stock, if they so desire -- the free market allows for that. But why would they, when the stock has performed so well?
159
posted on
04/14/2006 2:29:38 PM PDT
by
the invisib1e hand
(Polls show Jesus' approval ratings at all time low, after a triumphant reception just a few days ago)
To: MikefromOhio
She's basing her opinions off of emotions.
160
posted on
04/14/2006 2:29:45 PM PDT
by
cweese
(Hook 'em Horns!!!)
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