aja8888
Moderator Emeritus
Looks like the climate change folks are lining up to try to suck funds out of Exxon/Mobil for covering over potential climate change issues with fossil fuel uses:
Exxon Mobil (XOM) Stock Slides on Climate Change Investigation - TheStreet
This sounds like the witch hunt of old when all the tobacco companies were under fire, and we know where that went.
Anybody have XOM as a long term (or even short term) holding?
What's your plan if you do?
Exxon Mobil (XOM) Stock Slides on Climate Change Investigation - TheStreet
Attorney General Eric Schneiderman subpoenaed the energy company on Wednesday for financial records, emails and other documents, sources told the New York Times.
The attorney general will look into the company's actions as far back as the late 1970's, during which Exxon Mobil spent at least a decade funding groups that undermined climate science, according to the Times.
This sounds like the witch hunt of old when all the tobacco companies were under fire, and we know where that went.
Anybody have XOM as a long term (or even short term) holding?
What's your plan if you do?