Sunday, April 19, 2009

fortune 500

fortune 500

What do you think of the No. 1 company on the Fortune 500 list this year? Should it be No. 1? Have you worked for the company, or bought its products? Has the recession affected your opinion of big companies? Tell us what you think. The best replies will be published here, and possibly in a future story on CNNMoney.com.

XOM is a company that is very careful in making large long term and short term investments and it provides an excellent level of returns to its stockholders.
People with long term investment objectives have been able to put their children through college based on their holdings and returns of their investment in XOM.
There is a lot of “irrational” and “ignorant” comments about the company. Perhaps people are “jealous” that they have not been able to reap the benefits from this company.
To Anonymous: A company buying crude oil at premium prices will not be able to make the profits posted by XOM. Try to learn a little about the oil business and what “PREMIUM PRICES” mean.

The problem with Exxon is not the exploitation of the American system, but is the American system itself. We shouldn’t allow America’s largest corporation to ignore its obligations to pay off the settlements from the Exxon-Valdez crash, more than 20 years ago. Why wasn’t that mentioned as a possibility to spend their 300 billion dollar cash pool?

Exxon is a well run company who has forethought 10 years into the future. Get educated and get involved with good companies, make a good living and quit crying when you are left behind. This is America and capitalism, please quit crying about big companies that provide many good high paying jobs. There are many 100k jobs in Houston, come on down.

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