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Politics : Formerly About Advanced Micro Devices

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To: TimF who wrote (328725)	3/15/2007 8:19:17 PM
From: American Spirit	Read Replies (2) of 1576022

Exxon can manipulate profit margins very easily. It's called Enron accounting, that is accounting for show, for political or legal cover, to keep the real secrets well-hidden. I am not an expert on Exxon accounting, but when a company makes world-record profits every quarter, only a duped fool or liar would claim they are only making 10% on their money. Exxon is one of those companies which controls oil from ground to the pump. When the price of gasoline is doubled, their costs remain roughly the same, so their profit naturally sky-rockets. If you believe the Exxon CEO's on profit margins or global warming I have a bridge in Brooklyn to sell you.

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