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Politics : Don't Blame Me, I Voted For Kerry -- Ignore unavailable to you. Want to Upgrade?

To: TimF who wrote (78399)	7/27/2006 3:23:50 PM
From: Cogito	Read Replies (1) \| Respond to of 81568

>>116th in profit margin out of the fortune 500 does not equal the 116th highest profit margin of all businesses in the US. Far from it.<< Tim - OK, granted. Only 116th out of the 500 largest companies in America. So 384 Fortune 500 companies did not do as well, in terms of profit margin, that year. But you don't hear them complaining. - Allen

To: TimF who wrote (78399)	7/27/2006 6:22:32 PM
From: American Spirit	Read Replies (1) \| Respond to of 81568

Exxon can manipulate its numbers easily. A mega conglomerate like Exxon with operations all over the world only reports what they want to report in the US. If they know excessive profit margins look bad to regulators and the angry public their accountants will fool with the numbers and shazam! make their profit margins look minor. It's all smoke and mirrors BS and you know it. Likely, the expenses they claim constitute money paid back to themselves, not to mention 398 million to their outgoing CEO. And who knows how many billions stashed in offshore accounts?