Exxon Mobil reported second-quarter earnings of $11.68 billion, the biggest quarterly profit ever by any U.S. corporation. Ever!!! Hey, the goons of Wall Street are disappointed because they expected even larger profits..!
The CEO of Exxon/Mobil has been complaining bitterly about the huge after-tax charge for the Exxon Valdez polluting a big chunk of Alaska. Yeah, champion, that 290 million dollars is indeed a huge sum when you are on the way to a $40 billion yearly profit. $40 billion is a GDP of Bulgaria to put things into perspective...
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