Nothing on ExxonMobil's $10.36B Q2 profits yet?

[RB TexLa]

There aren't 10 threads calling for the government to steal the company from the shareholders?

[RUMMYisFROSTED]

1. Folks are still getting over ConocoPhillips $5.1B profit.

Give 'em time.

[cal04]

2. I was looking to see if this was posted

Exxon Mobil Corp. said Thursday it earned $10.36 billion in the second quarter, the second largest quarterly profit ever recorded by a publicly traded U.S. company.

The earnings figure was 36 percent above the profit it reported a year ago. High oil prices helped boost its revenue by 12 percent.

The report is likely to generate more controversy as gasoline prices in the United States have been averaging about $3 a gallon.

The world's largest oil company by market capitalization said earnings amounted to $1.72 per share in the April-June quarter compared with a profit of $7.64 billion, or $1.20 per share, a year ago.

http://www.iii.co.uk/news/?type=afxnews&articleid=5728703&action=article

[Selatius]

3. Most of that money could likely not be taxed according to this GAO report

http://www.boston.com/business/globe/articles/2004/04/11/most_us_firms_paid_no_income_taxes_in_90s/

[Double T]

4. welcome to america..........

home of the corporate screwing and 'god almighty' dollar

[RB TexLa]

5. Hey, I bought stock in them the day after the SC's decision

on the Florida recount.

[Double T]

6. Might be considered aiding and abetting?????

[RB TexLa]

7. can't see how owning stock could be a crime n/t

[MadHound]

8. Perhaps not a crime

But making blood money by investing in death, destruction and sorrow is something that I find morally repugnant and could never do. But hey, that's just me.:shrug: As it is, my investments in alternative energy and other socially concious funds is doing nicely.