Exxon Mobil is largest corporation on Fortune 500

exxon_mobil

Displaced as Corporate Enemy No. 1 — thank you, Wall Street bankers! — Exxon Mobil regains the Fortune 500’s No. 1 slot this year, despite the sharp fall in oil prices. Indeed, if the fourth quarter of 2008 demonstrates anything, it’s that Exxon Mobil is perfectly capable of making billions of dollars even with oil at $50 a barrel or less. – From CNN