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Re: Tillerson would have been forced out of Exxon
DUANE 33 Reviews 235 reads
posted

agree, that is how I answered the first question back around 12/10, but I neglected to include it in this post.

DUANE1330 reads

Someone posed the intelligent question as to why Tillerson would take a big pay cut to become SOS.  Today it was announced he will put his ~$180 million in restricted stock into a blind trust, and he will sell another ~$54 million in ExxonMobil stock he currently owns.  Oh and he will draw a pension as well.  Poor guy!  How will he survive?

Related Link: https://www.theeroticreview.com/discussion_boards/viewmsg.asp?MessageID=291231&boardID=...

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quadseasonal197 reads

He'll be 65 in March, 65 is Exxon's mandatory retirement age.
   
   I'm not a  fan of Exxon however I  do respect  hard workers.  
Tillerson didn't get where he is by being a slacker.  

http://www.law360.com/articles/378305/exxon-defeats-eeoc-age-bias-suit-over-retirement-policy

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DUANE236 reads

agree, that is how I answered the first question back around 12/10, but I neglected to include it in this post.

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brooks5220 reads

dems on the other hand need the paycheck and it's the best job they've ever had

dems generally are not losers exactly but certainly not our best

anyone who works with the feds and has seem an administration change from R to D or vice-versa will tell you that there is a HUGE qualitative difference in the talent and competence level of the new gubment executives.  gubment dems have admitted as much to me more than once.

it's not even close, R's as a rule are FAR MORE accomplished than their D counterparts

and at the top, kinda like a billionaire vs. a pamphlet hander-outer ;)

the diff between Trump and Obama is that Trump fills out his suit

-- Modified on 1/4/2017 12:40:55 PM

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munchinmuffin232 reads

First, he is almost 65 years old and the CEO position at ExxonMobil calls for mandatory retirement.  So he was leaving that job anyway whether he wanted to or not.  But now as SOS, watch how he and Trump stop all these sanctions against Russia.  Exxon had a huge deal with Russia to do oil drilling which got put to the side when Obama issued sanctions.  Trump with Tillerson's help will repeal these and the Exxon project will go through making a shitload of money for Exxon....now follow the bread crumbs....Exxon stock goes up and who has a load of stock options...mr tillerson.  He will make millions!

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brooks5188 reads

if your conspiracy nonsense is true

it's not

it's simple gibberish from someone with too much time on his hands and more than a touch of paranoia

in other words, a lib ;)

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DUANE149 reads

you didn't read the part where all of his ExxonMobil stock will be converted to some other blindly managed investment

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brooks5179 reads

she gets cranky

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TwoMints189 reads

Um... He has to divest himself complete from the company and his trust won't be allowed to invest in ExxonMobil.

Now he does get a tax benefit taking the job for being forced to do so. So yes he's going to make out like a bandit on the deal in that way from what I've read. But that's not what you said. You said, he'd illegally benefit a company from a position of power. That's Hillary Clinton level shit..

Posted By: munchinmuffin
First, he is almost 65 years old and the CEO position at ExxonMobil calls for mandatory retirement.  So he was leaving that job anyway whether he wanted to or not.  But now as SOS, watch how he and Trump stop all these sanctions against Russia.  Exxon had a huge deal with Russia to do oil drilling which got put to the side when Obama issued sanctions.  Trump with Tillerson's help will repeal these and the Exxon project will go through making a shitload of money for Exxon....now follow the bread crumbs....Exxon stock goes up and who has a load of stock options...mr tillerson.  He will make millions!

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