the olympics? remember that? he released two imprisoned members of the band pussy riot who had been in prison two years. the other high-profile prisoner he released ahead of the olympics was this man, once russia s richest man. when he was still free, he decided to use his economic power to fund and help lead an opposition effort against vladimir putin and his seemingly permanent reign in russia. he had him jailed for over a decade when he released him before the olympics. putin also seized the assets of his company, yukos oil, the company who made him so rich. they jailed the guy, took his company and made the assets of his company part of rosneft. it is by gobbling up other companies and trading for other companies assets that rosneft is the biggest in the world. surpassed exxonmobil to become the largest oil company on the
the list. the european list, 21 list. american list, 11 people. there are four people on both lists who they overlap, sanctioned by the european union and the u.s. the lists could expand. could start to be more overlap between the two lists which would make things harder for the people on them. it would not be unprecedented to extend the sanctions list, adding those individuals but more individuals, also their entire families. that has been done before. not only makes the sanctions wider ranging but stops ways people can use their own family members to evade those personal sanctions. president obama also announced today he signed an executive order giving himself the authorization to sanction businesses. specifically he mentioned people involved in the russian arms trade. it would sharply increase the bite of sanctions to essentially stop the international economic activity of individual russian businessmen and businesswomen and russian companies operating abroad. in the years of ratch
it is illegal for u.s. companies to do business in iran right now except in very limited circumstances. as the u.s. and the world look at their menu of options for tries to stuff russia back in its box essentially, to stop russia from what looks like an expansionist march west toward nato. should it be legal for european countries, for american countries to keep doing business inside russia in companies like boeing and ford and pepsi have huge stakes inside russia including lots of americans working for those american companies inside russia. but you know what, nobody has anything like exxon. if you really wanted to make vladimir putin take notice, the thing you would probably want to rattle first is that largest oil deal in the history of oil deals which was literally signed in his living room. you want to get to something he cares about? he cares about that. nobody expects an actual shooting war between the west and russia over their behavior right now. no matter how much senator joh
exxon held the previous record for the most profitable corporation in any one quarter ever. last year exxon s $45 billion profit, profit, $45 billion take home, last year exxon s $45 billion in profit ranked it number two on the fortune 500 list of the most profitable u.s. companies. that $45 billion profit last year represents a down year for exxon. steve coll s book called private empire describes an empire that s so big and rich it s adopted an internal corporate philosophy not just global in outlook, not just transnational, it s basically post national. internally the exxonmobil ethos is governments come and go. but exxon needs to think bigger than that because exxon will survive when others don t. you ll never know from the way they re treating mayflower, arkansas, right now.
he had him jailed for over a decade when he released him before the olympics. putin also seized the assets of his company, yukos oil, the company who made him so rich. they jailed the guy, took his company and made the assets of his company part of rosneft. it is by gobbling up other companies and trading for other companies assets that rosneft is the biggest in the world. surpassed exxonmobil to become the largest oil company on the globe. and if it is hard to imagine a company bigger than exxonmobil, imagine a new joint venture between the company that is even bigger than exxonmobil and exxonmobil. larger than anything before seen in the history of capitalism are doing a joint venture together.