SA's Wall Street Breakfast: Big Oil Gets Bigger
SEEKING ALPHA writes: Confirming several earlier reports, Exxon Mobil (XOM) has agreed to acquire Pioneer Natural Resources ...
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MARKETWATCH reports:
ExxonMobil Corp. on Monday wanted to make one thing perfectly clear — it did not bribe the president.
Some had actually wondered, after President Donald Trump offered an oddly specific hypothetical situation during a speech earlier Monday in Prescott, Ariz.
Trump was boasting about his fund-raising ability: “I call some guy, the head of Exxon. I call the head of Exxon. I don’t know. … ‘How are you doing? How’s energy coming? When are you doing the exploration? Oh, you need a couple of permits?’ But I call the head of Exxon I say, ‘You know, I’d love [for you] to send me $25 million for the campaign.’ ‘Absolutely sir .. would you like some more?’ ”
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