Friday, August 01, 2008
5769: Profits And Losses In Perspective.
Putting it all into perspective via a MultiCultClassics Monologue…
• General Motors posted 2Q losses at $15.5 billion. Let’s put that into perspective. It’s like ordering an item from Mickey D’s Dollar Menu—15,500,000,000 times. Over the course of three months.
• Exxon Mobil posted 2Q earnings at $11.68 billion, the biggest profit ever by a U.S. corporation. Let’s put that into perspective. Exxon Mobil is evil incarnate.