Exxon Mobil Corp. said this morning that its profit fell 10% in the third quarter from a year ago, when its profit was the second-largest ever recorded by a publicly traded U.S. company. The drop in net income (pure profit, baby) was from $10.49 billion to a humbling $9.41 billion.
Oil company executives in Houston had to be talked down from the window ledges outside of their ridiculously opulent offices. President Bush is expected to visit the region to determine whether it can be declared a national disaster area.
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