Exxon Mobil heads Fortune 500 list

Exxon Mobil heads Fortune 500 list

There are 1 comment on the Iol.co.za story from May 7, 2012, titled Exxon Mobil heads Fortune 500 list. In it, Iol.co.za reports that:

New York - Exxon Mobil has bumped Wal-Mart from first place among the Fortune 500 top revenue-generating US companies, thanks to rising oil prices.

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Dwight Baker

Eagle Pass, TX

#1 May 8, 2012
The Criminal Element is revered on Wall Street.
By Dwight Baker
[email protected]
May 8, 2012

ARTICLE
Exxon Mobil heads Fortune 500 list
http://www.iol.co.za/business/companies/exxon...

EXCERPT

New York - Exxon Mobil has bumped Wal-Mart from first place among the Fortune 500 top revenue-generating US companies, thanks to rising oil prices.

Revenue poured in last year for Texas-based Exxon Mobil as the price of benchmark West Texas Intermediate crude oil soared 19 percent. Brent crude, which helps set the price of foreign oil varieties, surged 38 percent between 2010 and 2011.

Two other petroleum companies - Chevron and ConocoPhillips - ranked behind Wal-Mart Stores.

Rounding out the top 10 were automaker General Motors, industrial and banking giant General Electric, Warren Buffett's Berkshire Hathaway, mortgage provider Fannie Mae, Ford Motor Company and technology giant Hewlett-Packard.

For 2011, Exxon Mobil reported revenue of $486-billion. For the year ending in January, Wal-Mart reported $444-billion.- Sapa-AP

MY TAKE

Nothing at all new about the Harvard and Yale thugs running big corporations that runs amuck against the laws of improper and illegal conduct. That is in the news everyday. They are not high-risk takers they are Criminals. Now if we had the rule of law on our side we could in some measures make them pay for their crimes behind bars. But see that got that fixed too with tons of hoarded sweat and blood gold.

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