NEW YORK - Oil giant Exxon Mobil Corp. on Thursday posted the largest annual profit by a U.S. company — $39.5 billion — even as earnings for the last quarter of 2006 declined 4 percent.A billion here, a billion there. Pretty soon....
From here:
The top five Gross Domestic Product (in billions of dollars):
Rank……Country………………..GDP
1…....United States.............$10,112.25
2…....China……………………….$6,716.20
3…....Japan……………………….$3,408.53
4……..India………………………..$2,808.83
5……..Germany………………….$2,126.60
Further down we have:
70.......Ecuador.....$42.27
71.......Ghana.......$41.96
72.......Croatia......$40.58
Exxon Mobile...........$39.50
73.......Libya........$39.04
74.......Slovenia......$36.72
In fact, Exxon Mobile made in PROFITS more than GDP of 108 out of the 183 countries in the world!
There are some very poor countries:
Country GDP/capita/year
Congo.........$883
Mali..........$877
Somalia.......$867
Nigeria.......$854
Niger.........$851
Yemen.........$831
Madagascar....$774
When you consider that:
In 2005, Lee R. Raymond (CEO of Exxon Mobile) raked in $48,922,808 in total compensation including stock option grants* from Exxon Mobil Corporation.Which is at least $407 a minute, or about 1/2 the GDP per capita of someone in Nigeria, Yemen or Madagascar,
it makes you want to puke.
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