Sources: CNN Money, CJR
quote: Again, a company could be GIANT but it could also OWE alot of money, so the debt is very high and there is no equity. But SOMEBODY (the creditors to the company) do indeed own much value in the company in the form of debt.
quote: Walmart: Total Revenue: 446.950 billion Total Assets: 193.406 billion Employees: 2.2 million
quote: In 2010 dollars, Microsoft's $618B USD valuation would be over $820B USD. While inflation data is still being finalized for last year, it would likely be somewhere in the ballpark of $850B USD in today's money (The Columbia Journalism Review says $856B USD in today's money, although it admits to goofing by saying that International Business Machines, Inc. (IBM) in 1967 was the most valuable, failing to realize that the data it was working off of was already adjusted).
quote: Oil isn't priced like other products.
quote: It's prices are determined by political manipulation as much as any other.
quote: no they are not overpriced- they are overpriced to YOU.
quote: What did the Obama remark have to do with the text you quoted?
quote: Oil companies exists in a market where there's not healthy competition against their product,
quote: There's a HUGE difference. Our economy is hostage to oil, so when an executive makes millions to billions in a year, yeah, everyone should be pissed because we don't have much of a choice.
quote: There is little competition, in fact you are crazy to increase production
quote: Care to explain how many new oil refineries were built in the past decade?