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Friday, May 11, 2012
Economy: Economic News, Policy & Analysis - The Washington Post: Review of Steve Coll’s ‘Private Empire’: How ExxonMobil bent Washington to its will
Economy: Economic News, Policy & Analysis - The Washington Post
Economy News: Get the latest headlines and in-depth coverage of economic news, policy, analysis and more from The Washington Post.
"Private Empire" is a big book about big oil, big money and big government. It chronicles how ExxonMobil — the energy behemoth that recently displaced Walmart atop the Fortune 500 list, with more than $450 billion in revenue — operates in failed states, keeping the oil flowing when no one else can; and how it handles hapless bureaucrats charged with regulating it, scientists challenging it, rival companies trying to outsmart it and activists bent on changing it.