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Private Empire
Book

Private Empire

ExxonMobil and American Power

Penguin Press, 2012 更多详情

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Editorial Rating

8

Qualities

  • Comprehensive
  • Background

Recommendation

ExxonMobil is a singular corporation. One of America’s most profitable companies year after year, the energy giant generates immense revenues from its oil and gas products, as well as almost constant publicity – both good and bad – about its global activities. Yet the public knows little about what really goes on inside ExxonMobil, whose top executives work in offices known as the “God Pod” in corporate headquarters nicknamed the “Death Star.” From its vast size to its huge earnings and global operations, everything about ExxonMobil is imposing, even intimidating. Pulitzer Prize-winning journalist Steve Coll’s definitive study – a factual compendium complete with statistics and insider interviews – is sure to become the standard reference work on a multinational corporation with enormous influence on US and global geopolitics. getAbstract recommends Coll’s reportorial achievement and informed analysis of an American colossus to executives, business historians and anyone interested in energy and finance.

Take-Aways

  • Standard Oil of New Jersey was the largest of the oil companies to emerge after the US-mandated breakup of John D. Rockefeller’s monopoly in 1911.
  • In 1973, the company changed its name to Exxon; it became ExxonMobil after its 1999 merger with Mobil Oil.
  • Lee “Iron Ass” Raymond, a blunt-speaking, obdurate global-warming skeptic, was ExxonMobil’s chairman and CEO from 1993 to 2005.

About the Author

Steve Coll, formerly The Washington Post’s managing editor, is the author of the Pulitzer Prize-winning Ghost Wars. He also writes for The New Yorker.


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