gc70
Member
I keep reading allegations about Bush & Co. getting rich from the war - and most of the hooting and hollering involves Halliburton. And then there are the allegations about starting a war to make the oil companies richer - usually with Exxon as the posterchild.
Guess what? All of those so-called "war profits" are not dropping into the pockets of GWB and his buddies. In fact, if you have a pension plan, or a 401K account, YOU are probably pocketing those profits.
Here are a few facts to chew on:
Halliburton ownership:
89.60% of the company's stock is owned by investment companies and mutual funds.
00.73% of the company's stock is owned by Halliburton insiders.
0 (zero) non-institutional owners hold 5% or more of the stock.
ExxonMobil ownership:
52.20% of the company's stock is owned by investment companies and mutual funds.
00.84% of the company's stock is owned by Halliburton insiders.
0 (zero) non-institutional owners hold 5% or more of the stock.
Guess what? All of those so-called "war profits" are not dropping into the pockets of GWB and his buddies. In fact, if you have a pension plan, or a 401K account, YOU are probably pocketing those profits.
Here are a few facts to chew on:
Halliburton ownership:
89.60% of the company's stock is owned by investment companies and mutual funds.
00.73% of the company's stock is owned by Halliburton insiders.
0 (zero) non-institutional owners hold 5% or more of the stock.
ExxonMobil ownership:
52.20% of the company's stock is owned by investment companies and mutual funds.
00.84% of the company's stock is owned by Halliburton insiders.
0 (zero) non-institutional owners hold 5% or more of the stock.