Rockefeller Divests Exxon - Cites 'Industry Misled The Public'

Discussion in 'Markets & Economies' started by VRS, Mar 29, 2016.

  1. VRS

    VRS Well-Known Member Silver Stacker

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    After profiting handsomely for over 100 years from major oil, Rockefeller divests itself of Exxon:

    "Given the threat posed to the survival of human and natural ecosystems there is no sane rationale for companies to continue to explore for new sources of hydrocarbons," the Rockefeller Family Fund said.

    Well there's worthwhile news.

    http://www.reuters.com/article/us-rockefeller-exxon-mobil-investments-idUSKCN0WP266
     
    VRS, Mar 29, 2016
    #1
  2. Court Jester

    Court Jester Well-Known Member Silver Stacker

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    so your telling me what they are NOT buying now how about the other half of the equation and tell us what they ARE buying instead.
     
    Court Jester, Mar 29, 2016
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  3. Miloman

    Miloman Active Member Silver Stacker

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    Prisons and internment camps.
     
    Miloman, Mar 29, 2016
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  4. Skyrocket

    Skyrocket Well-Known Member Silver Stacker

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    ^ what's the bet he investing some more in the military industry complex now as more wars appears on the horizon.
     
    Skyrocket, Mar 29, 2016
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  5. Court Jester

    Court Jester Well-Known Member Silver Stacker

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    oil stocks should be worth holding if that was the case. Tanks, jets and missles dont run on unicorn farts.
     
    Court Jester, Mar 29, 2016
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  6. markc

    markc Member

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    They sold out before the oil crash and now they're creating bad sentiment so they can buy back in cheap and ride it back up.
     
    markc, Mar 29, 2016
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  7. Altima

    Altima Well-Known Member Silver Stacker

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    Sounds about right.
     
    Altima, Mar 29, 2016
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  8. BuggedOut

    BuggedOut Well-Known Member Silver Stacker

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    I love how these clowns try and cite some kind of altruistic reason for their change in investment strategy.

    That's how you can tell climate change is a rort.
     
    BuggedOut, Mar 29, 2016
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  9. Golightly

    Golightly Well-Known Member Silver Stacker

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    Also the fact the are sitting on Tesla's technology for free limitless power
     
    Golightly, Mar 29, 2016
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  10. Roswell Crash Survivor

    Roswell Crash Survivor Well-Known Member Silver Stacker

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    Not the same old chestnut about atmospheric electricity again. Its neither free nor limitless.
     
    Roswell Crash Survivor, Mar 30, 2016
    #10

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