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The Water Cooler
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Did your car insurance go up?
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<blockquote data-quote="SoonerP226" data-source="post: 3786677" data-attributes="member: 26737"><p>Yeah, I remember a few years back when one of the big oil companies (Exxon-Mobil, maybe?) reported over $100B in revenues, and the pundits were wetting themselves talking about the Evil Oil Company(tm) making record profits.</p><p></p><p>Turns out that they were actually turning around a $1B profit on over $100B in revenue. That ain't "record profits," that's "barely keeping the lights on," but never let the truth get in the way of a good story.</p></blockquote><p></p>
[QUOTE="SoonerP226, post: 3786677, member: 26737"] Yeah, I remember a few years back when one of the big oil companies (Exxon-Mobil, maybe?) reported over $100B in revenues, and the pundits were wetting themselves talking about the Evil Oil Company(tm) making record profits. Turns out that they were actually turning around a $1B profit on over $100B in revenue. That ain't "record profits," that's "barely keeping the lights on," but never let the truth get in the way of a good story. [/QUOTE]
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