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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: ChanceIs who wrote (128671)6/12/2008 8:56:31 PM
From: Jim McMannisRespond to of 306849
 
Maybe they waited a little too long. g



To: ChanceIs who wrote (128671)6/12/2008 9:26:33 PM
From: Elroy JetsonRespond to of 306849
 
This is not really much of a news item - selling off oil company owned retail stations to independent dealers.

Chevron owns only a minority of their retail stations, usually the most profitable ones.

It's often difficult to distinguish between a company owned or dealer owned gas station.
.



To: ChanceIs who wrote (128671)6/12/2008 9:45:04 PM
From: Jim McMannisRespond to of 306849
 
Lehman Brothers removes finance, operating chiefs

biz.yahoo.com

Lehman Brothers shakes up top management as firm takes nearly $3 billion quarterly loss

NEW YORK (AP) -- The hope at Lehman Brothers is that a management shakeup Thursday will contain the damage of a stunning quarterly loss -- yet some on Wall Street fear this is one more step toward a more dramatic outcome for the embattled investment bank.



To: ChanceIs who wrote (128671)6/12/2008 9:48:52 PM
From: patron_anejo_por_favorRespond to of 306849
 
A big time vote for peak oil. If upstream is barely trickling in, there's gonna be no profit for downstream assets. Best to cash 'em while they can.



To: ChanceIs who wrote (128671)6/12/2008 9:57:48 PM
From: saveslivesbydayRead Replies (2) | Respond to of 306849
 
Exxon just needs to learn how to make $$ selling renewable energy.

It's the only way our planet will be saved - and it could help the economy a bit too.