EXXON TALKS TO MATT LAUER
GAS PRICES
I would love to have a transcript of that interview to post because the head of Exxon said something that I think is important. Matt Lauer asked him if he would consider lowering his profit margin if it meant helping out the average American. Rex Tillerson's answer was that they have to answer to the share holders first. So, in other words, screw the average Americans, we have to answer to the share holders.
posted by Kenny @ 8:14 AM
1 comments
1 Comments:
Its a publically traded firm, they can't do it without the shareholders say. Did you know that a whole lot of retirement funds are tied into Exxon/Mobil. What about the people (mostly average americans) who have this publically traded stock in their portfolio? What would you say to them about their investment in a company that turned itself around from being unprofitable, to profitable? Because the company you invest in is successful we have to punish them and you?
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