Bruce Guenter's Thoughts

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Tuesday, April 3rd

Exxon Mobil's pocket earnings



I regularly read PolitiFact* to cut through a little of the baloney that US politicians regularly spew. I frequently have issues with some of their ratings, particularly the use of the US Congressional Budget Office as an objective source on financial reality, however that's not the subject of today's letter.

Their recent article* on Exxon's earnings prompted this letter. More accurately, one word in the article got me bothered, and that's the use of "pocketed".
Bruce on 04.03.12 @ 12:48 PM CST [more..] [No Comments]