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Biggest Corporate Profit In History

Yesterday, we snickered at some accidental irony on the CBS News website: a piece related to Ted Stevens's corrupt dealings with the oil industry...




Yesterday, we snickered at some accidental irony on the CBS News website: a piece related to Ted Stevens's corrupt dealings with the oil industry was sponsored by Exxon. Why wasn't the company embarrassed to be associated with the piece? We posited it might have been on account of Exxon's passion for freedom of the press. Then again, who has time to blush when you're swimming in money? Exxon's second quarter earnings of $11.68 billion are the highest of any U.S. company in history.

UPDATE: