Comments on: Follow your money http://climateprogress.org/2008/08/02/follow-your-money/ The Latest on Climate Science, Solutions, and Politics Sun, 08 Nov 2009 09:04:01 -0500 http://wordpress.org/?v=2.8.5 hourly 1 By: utanma http://climateprogress.org/2008/08/02/follow-your-money/#comment-28047 utanma Sun, 25 Jan 2009 18:59:22 +0000 http://climateprogress.org/2008/08/02/follow-your-money/#comment-28047 Please stop demonizing Exxon. I’m getting real tired of it. If you don’t like them then don’t use their products and tell everyone you know to stop using their products. This might be very hard to do but at least then you wouldn’t be a 2 faced hypocrite when you bad mouth them. I’m completely serious about this. Anybody who badmouths oil company’s and still uses oil is a hypocrite. This fact cannot be denied. Please stop demonizing Exxon. I’m getting real tired of it. If you don’t like them then don’t use their products and tell everyone you know to stop using their products. This might be very hard to do but at least then you wouldn’t be a 2 faced hypocrite when you bad mouth them. I’m completely serious about this. Anybody who badmouths oil company’s and still uses oil is a hypocrite. This fact cannot be denied.

]]> By: shop http://climateprogress.org/2008/08/02/follow-your-money/#comment-27438 shop Sat, 17 Jan 2009 17:17:39 +0000 http://climateprogress.org/2008/08/02/follow-your-money/#comment-27438 UncaDoug - glad you caught the - definitely intentional - irony. Thank you for providing some additional details for the picture I am beginning to understand through careful reading of the numbers and words in the stockholder reports. UncaDoug – glad you caught the – definitely intentional – irony. Thank you for providing some additional details for the picture I am beginning to understand through careful reading of the numbers and words in the stockholder reports.

]]> By: Jamie Fagan http://climateprogress.org/2008/08/02/follow-your-money/#comment-18176 Jamie Fagan Thu, 28 Aug 2008 23:10:45 +0000 http://climateprogress.org/2008/08/02/follow-your-money/#comment-18176 Please stop demonizing Exxon. I’m getting real tired of it. If you don’t like them then don’t use their products and tell everyone you know to stop using their products. This might be very hard to do but at least then you wouldn’t be a 2 faced hypocrite when you bad mouth them. I’m completely serious about this. Anybody who badmouths oil company’s and still uses oil is a hypocrite. This fact cannot be denied. We floated to victory on a sea of oil in WWII. Oil is completely or partially responsible for every convenience of life. I will repeat. DON”T BE A HYPOCRITE. At such a point when you completely stop using oil then it will be OK for you start bad mouthing them. Until that time please be quiet. Please stop demonizing Exxon. I’m getting real tired of it. If you don’t like them then don’t use their products and tell everyone you know to stop using their products. This might be very hard to do but at least then you wouldn’t be a 2 faced hypocrite when you bad mouth them. I’m completely serious about this. Anybody who badmouths oil company’s and still uses oil is a hypocrite. This fact cannot be denied.

We floated to victory on a sea of oil in WWII. Oil is completely or partially responsible for every convenience of life. I will repeat. DON”T BE A HYPOCRITE.

At such a point when you completely stop using oil then it will be OK for you start bad mouthing them. Until that time please be quiet.

]]> By: Rod Adams http://climateprogress.org/2008/08/02/follow-your-money/#comment-17351 Rod Adams Thu, 07 Aug 2008 01:34:16 +0000 http://climateprogress.org/2008/08/02/follow-your-money/#comment-17351 UncaDoug - glad you caught the - definitely intentional - irony. Thank you for providing some additional details for the picture I am beginning to understand through careful reading of the numbers and words in the stockholder reports. There seems to be little doubt that the corporate managers are taking care of themselves first. If I was a long time stakeholder in XOM, I would be doing my reading and wondering - out loud - why the company top levels are making such selfish decisions. Notice - no where in the above did I use the word "leader" since no true leader would set up a situation that impoverishes the hard working contributors in order to enrich selected individuals who do not contribute as much to the company success. If I was a major oil company executive, I would be ready to be kicked out of the country club since the recent (last 10 years or so) market actions have also put many wealthy and influential businesses at risk of failure. UncaDoug – glad you caught the – definitely intentional – irony. Thank you for providing some additional details for the picture I am beginning to understand through careful reading of the numbers and words in the stockholder reports.

There seems to be little doubt that the corporate managers are taking care of themselves first. If I was a long time stakeholder in XOM, I would be doing my reading and wondering – out loud – why the company top levels are making such selfish decisions.

Notice – no where in the above did I use the word “leader” since no true leader would set up a situation that impoverishes the hard working contributors in order to enrich selected individuals who do not contribute as much to the company success.

If I was a major oil company executive, I would be ready to be kicked out of the country club since the recent (last 10 years or so) market actions have also put many wealthy and influential businesses at risk of failure.

]]> By: UncaDoug http://climateprogress.org/2008/08/02/follow-your-money/#comment-17334 UncaDoug Wed, 06 Aug 2008 20:54:14 +0000 http://climateprogress.org/2008/08/02/follow-your-money/#comment-17334 Paul, One thumb boldly stood up ... not to be opposed. Insider Transactions - Exxon Mobil Corp. (XOM) http://finance.yahoo.com/q/it?s=XOM Net Institutional Purchases - Prior Qtr to Latest Qtr Net Shares Purchased (Sold) (87,689,200) % Change in Institutional Shares Held (3.4%) At a sale price of over $90 per share, that nets over $8 Billion ($8,000,000,000) for only 14 "big boys" (1) in just 3 months! (1) "BIG BOYS": CEJKA A TIMOTHY CRAMER HAROLD R DOLAN MICHAEL JAMES GLASS SHERMAN J JR HUMPHREYS DONALD D KELLY ALAN J KRUGER RICHARD MICHAEL LASALA STEPHEN R MATTHEWS CHARLES W MULVA PATRICK T PRYOR STEPHEN D SIMON J STEPHEN SWIGER ANDREW P WHITACRE EDWARD E JR "Learn something from everyone you meet" -Dove Promises Paul,

One thumb boldly stood up … not to be opposed.

Insider Transactions – Exxon Mobil Corp. (XOM)
http://finance.yahoo.com/q/it?s=XOM

Net Institutional Purchases – Prior Qtr to Latest Qtr
Net Shares Purchased (Sold) (87,689,200)
% Change in Institutional Shares Held (3.4%)

At a sale price of over $90 per share, that nets over $8 Billion ($8,000,000,000) for only 14 “big boys” (1) in just 3 months!

(1) “BIG BOYS”:
CEJKA A TIMOTHY
CRAMER HAROLD R
DOLAN MICHAEL JAMES
GLASS SHERMAN J JR
HUMPHREYS DONALD D
KELLY ALAN J
KRUGER RICHARD MICHAEL
LASALA STEPHEN R
MATTHEWS CHARLES W
MULVA PATRICK T
PRYOR STEPHEN D
SIMON J STEPHEN
SWIGER ANDREW P
WHITACRE EDWARD E JR

“Learn something from everyone you meet”
-Dove Promises

]]> By: UncaDoug http://climateprogress.org/2008/08/02/follow-your-money/#comment-17203 UncaDoug Mon, 04 Aug 2008 23:11:00 +0000 http://climateprogress.org/2008/08/02/follow-your-money/#comment-17203 "Will the real [thumb] please stand up." -John Charles Daly (1914 - 1991) “Will the real [thumb] please stand up.”

-John Charles Daly (1914 – 1991)

]]> By: David B. Benson http://climateprogress.org/2008/08/02/follow-your-money/#comment-17199 David B. Benson Mon, 04 Aug 2008 22:42:29 +0000 http://climateprogress.org/2008/08/02/follow-your-money/#comment-17199 Paul K --- There are two thumbs, left and right. Both are opposable. :-) Paul K — There are two thumbs, left and right. Both are opposable. :-)

]]> By: John Hollenberg http://climateprogress.org/2008/08/02/follow-your-money/#comment-17123 John Hollenberg Sun, 03 Aug 2008 22:58:59 +0000 http://climateprogress.org/2008/08/02/follow-your-money/#comment-17123 Interesting aside: Mercedes is suing Chevron for pulling funding from Cobasys, which has a contract with Mercedes to provide NiMH batteries for the upcoming Mercedes ML 450 hybrid: http://www.autobloggreen.com/2008/08/03/chevron-drains-battery-planned-for-mercedes-ml-450-hybrid-merce/ Interesting aside: Mercedes is suing Chevron for pulling funding from Cobasys, which has a contract with Mercedes to provide NiMH batteries for the upcoming Mercedes ML 450 hybrid:

http://www.autobloggreen.com/ 2008/ 08/ 03/ chevron-drains-battery-planned-for-mercedes-ml-450-hybrid-merce/

]]> By: Paul K http://climateprogress.org/2008/08/02/follow-your-money/#comment-17120 Paul K Sun, 03 Aug 2008 22:45:16 +0000 http://climateprogress.org/2008/08/02/follow-your-money/#comment-17120 David B. Benson, I care even though I don't agree. You wrote: The rule-of-thumb is that when a stock company can’t find any better use for its earnings than buying back its own stock, that company is out of ideas and will ’soon’ be out-of-business. The real rule-of-thumb is that when a stock company needs capital, it issues stock. When it has enough capital, it buys back stock. Buyback programs are often a sign of a company's strength. David B. Benson,
I care even though I don’t agree. You wrote: The rule-of-thumb is that when a stock company can’t find any better use for its earnings than buying back its own stock, that company is out of ideas and will ’soon’ be out-of-business.

The real rule-of-thumb is that when a stock company needs capital, it issues stock. When it has enough capital, it buys back stock. Buyback programs are often a sign of a company’s strength.

]]> By: David B. Benson http://climateprogress.org/2008/08/02/follow-your-money/#comment-17115 David B. Benson Sun, 03 Aug 2008 22:08:34 +0000 http://climateprogress.org/2008/08/02/follow-your-money/#comment-17115 By mistake I put my comment about the topic of this thread on the next later (up) thread. In case anybody cares, that is. :-) By mistake I put my comment about the topic of this thread on the next later (up) thread.

In case anybody cares, that is. :-)

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