EXXON CHAIRMAN GETS $400 MILLION RETIREMENT PACKAGE AMID SOARING GAS PRICES

ABC News via Drudge ^

[Tiberius109]

STOCKS TRADER hummmmmmmmm what kind of stock you trade OIL ? Could explain a lot . These guys use every excuse to make beyond massive profits and blame everything and anything for it . When there is a REAL supply and demand situation the still put their thumb on the scale for a little extra spending money .

[spinestein]

[Time for the Free Traders to chime in and insist that Exxon is just a buncha good ole boys never meanin' no harm, and that we should be glad to pay whatever they ask for gas because they're shining examples of the capitalist ideal.]


I'll get right on it... as soon as the Anti-Free Market bozos finish whining about how the government needs to step in and control the price of gas and limit how much money oil companies and their employees make.

[ConTex]

Again, a claim of facts, but really a 'leave me alone, I don't want to talk about it'.

[IronJack]

great compensation

No. A million dollars is "great compensation." A company Lexus is "great compensation." An executive home on the golf course is "great compensation."

This is gluttony. Avarice. Greed writ large. This is some vile, pernicious predator lighting his manservant's cigars with c-notes while people are stumbling around in the dark.

This is the amoral conscienceless profiteering that will kill capitalism. It is morally and economically reprehensible, and this guy is no less a thief than the crack junkie who sticks a gun in your ribs and steals your wallet.

[stockstrader]

Since when is a 7% profit margin massive? Most CEO's would be FIRED for a performance that poor.

[the invisib1e hand]

I do care that it's SUCKING out of the US economy

Unless the guy is putting the money under his mattress (which would reduce inflation), and not buying T-Notes, giving to charity, educating his progeny, and making other useful investments, the only economy it's "sucking out of" is yours.

[KevinDavis]

I don't understand it either.... I thought conservatives believe in the free market..

[ConTex]

What economy is 'mine'? btw?

[the invisib1e hand]

you must be head of The Central Compensation Ministry.

[stockstrader]

Nope,,not here. Hyprocrisy reins here...lol

[ConTex]

The oil market is not a free market.

[Wormwood]

This is the amoral conscienceless profiteering that will kill capitalism.

Exactly. It is possible to respect the free market and still believe that the current corporate culture is teeming with vile human beings.

[the invisib1e hand]

What economy is 'mine'? btw?

The one that didn't have a $400 million dollar GDP, I'm guessing.

I'm done pig wrestling -- nothing personal, but you know the analogy -- I think you enjoy this more than I do.

[lepton]

Another way of looking at it is its approximately $500 for each Exxon employee (around 80,000).

For every dozen years they work. I know my previous manager wasted at least a couple of hours productivity a year from me and everyone else on our staff.

[ConTex]

No, I frankly don't know what you're talking about. But that's ok, adios.

[IronJack]

you must be head of The Central Compensation Ministry.

Nope. I'm just one of the Fleeced Legions.

[stockstrader]

Nahh..he just doesn't know any better. I let him humor me for a while too...lol

[IronJack]

It is possible to respect the free market and still believe that the current corporate culture is teeming with vile human beings.

Finally! A non-absolutist capitalist. I was beginning to wonder if I was the only one.

[durasell]

...I bet he stole other people's lunches from the fridge in the break room!

[the invisib1e hand]

This thread will bring out the populist plebeians in masses.

It did, about 285 posts ago...