ago, it would be worth two thousand nine hundred dollars today. How much did the CEO of Exxon make over that period? Here's the question. Is it more beneficial to shareholders to be invested or for executive level management that you be invested?
2007-07-25 23:58:53 · 6 answers · asked by Anonymous in Politics & Government ➔ Politics
so, i have been asking the question: "WHY DOES THE GOVERNMENT STILL HAVE EXXON-MOBIL ON CORPORATE WELFARE?!?!?!?!"
why should the U.S. government still be giving $BILLIONS of tax credits and SUBSIDIES to the OIL HOGS?
THINK about it......
2007-07-26 00:14:06 · answer #1 · answered by Anonymous · 3⤊ 0⤋
Of course it's more beneficial to the management than the shareholders. Without the shareholders investments, those execs wouldn't have their $50 million a year job.
Exxon recent increase in value is more impressive than the ten year record you noted. I bought into Exxon about a year ago. That investment has increased 45%. Everyone beats up Exxon, but it has the best direct stock purchase program going, aimed at the small invester who can invest as little as $50. You can't get a savings account at a bank that would return 45% annually. With Exxon, you can open an investment account much like a savings account.
2007-07-26 07:25:49 · answer #2 · answered by .... . .-.. .-.. --- 4 · 2⤊ 0⤋
Well considering you comrades state that the dollar is only worth $.62 profits would actually be down would they not?
When applying economics you must be consistent in your definitions or you come out with garbage.
It is more important that you be invested obviously. If you were you would be less likely to complain. Investors provide capital, if the companies are making record profits it seems illogical that they would need capital from investors. Economics is more dangerous in the wrong hands than nuclear weapons and your are not the right hands.
2007-07-26 07:21:03 · answer #3 · answered by ? 6 · 0⤊ 1⤋
Executives get their salaries, perks, bonuses, based on contracts previously negotiated. If the company does not make money, they may not lose anything. If a company does not make money, an investor can lose everything. Do you remember Enron?
2007-07-26 07:04:57 · answer #4 · answered by regerugged 7 · 2⤊ 0⤋
Most companies are making record profits. The economy is flooded with money. Theres more money today then ever before.
2007-07-26 07:02:07 · answer #5 · answered by Anthony S 2 · 0⤊ 1⤋
Complain to the 1.5 Billion Chinese who are driving up demand for their product. If you want to live in a socialist nation try Cuba.
2007-07-26 07:06:33 · answer #6 · answered by dr_methanegasman 3 · 0⤊ 2⤋