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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: saveslivesbyday who wrote (128684)6/12/2008 10:03:52 PM
From: patron_anejo_por_favorRead Replies (1) of 306849
 
>>Exxon just needs to learn how to make $$ selling renewable energy.<<

Exxon can't do that better than thousands of others. I'd rather have Kleiner Perkins or some other VC firm that's proven in building new industries take on that gig. Or maybe Boone Pickens, he's at least interested in it.

XOM would be best off liquidating most of their assets and declaring a special distribution to share holders this year, before their task rate skyrockets and while they still have buyers for the pieces. They're losing reserves and production at an alarming rate due to depletion (Peak Oil), nationalization of their resources and (soon) windfall profits taxation. Get out while on top, I say....
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