deuces wild Posted April 20, 2006 Report Share Posted April 20, 2006 http://abcnews.go.com/Business/wireStory?i...7&business=trueDALLAS Apr 15, 2006 (AP)— A $69.7 million compensation package and $98 million pension payout to Exxon Mobil Corp.'s former chief executive and chairman Lee R. Raymond has some shareholders and economists asking, "how much is enough?" "Some folks will ask the question, 'Is this more evidence of big oil taking an enormous windfall and retaining all the riches?'" said Mel Fugate, assistant professor for Southern Methodist University's Cox School of Business. Exxon benefited from high oil and natural gas prices and solid demand for refined products en route to earning $36 billion last year. The company has defended its profits, saying that other industries have larger profit margins but oil companies' bottom lines stand out because they operate on a much larger scale.No person is worth that much and no company should be able to screw consumers so as to earn obscene profits like that. Quote Link to comment Share on other sites More sharing options...
andsome Posted April 20, 2006 Report Share Posted April 20, 2006 It sounds much like the UK. :( :( Quote Link to comment Share on other sites More sharing options...
r4may Posted April 20, 2006 Report Share Posted April 20, 2006 More Snouts in the Trough, He'll never be able to spend all that :P Quote Link to comment Share on other sites More sharing options...
Tankus Posted April 20, 2006 Report Share Posted April 20, 2006 If it was me ...I would take it Quote Link to comment Share on other sites More sharing options...
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