Article

2008-02-20 Caribbean-Latin America

Venezuela asks ExxonMobil to talk, drop legal cases

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Posted by tu3031 2008-02-20 10:24|| || Front Page|| [6 views ] Top

#1 I think it's six billion now - legal expenses.

You mooks might want to settle before it grows any more, huh?

Posted by mojo">mojo 2008-02-20 11:16|| 2008-02-20 11:16|| Front Page Top

#2 ugo plays checkers, while XOM plays chess....

who'd a thunk it?

Posted by Spiny Gl 2511 2008-02-20 13:02|| 2008-02-20 13:02|| Front Page Top

#3 helps too have friends in high places while oogo does not

Posted by sinse 2008-02-20 13:08|| 2008-02-20 13:08|| Front Page Top

#4 Ugo to Xon, You're winning, STOP THAT, RIGHT NOW.

XON to Ugo, hahahahaha.

Posted by Redneck Jim 2008-02-20 13:56|| 2008-02-20 13:56|| Front Page Top

#5 Yeah, sure, Hugo, we will talk, but we will not drop the legal cases yet. We are talking about compensation for our assets you took. Come on over and talk, but stick to the subject at hand.

Posted by Alaska Paul">Alaska Paul 2008-02-20 15:07|| 2008-02-20 15:07|| Front Page Top

#6 "Ramirez said that ExxonMobil "exceeded" the expected actions of the arbitration..."

translation: they expected XOM to bitch and whine and they would then generously return 'some' of the assets, or value of same. they did not expect XOM to go 'all in.' Wonder who has deeper pockets????? (Hint: what did XOM post as profits last quarter??)

Posted by USN,Ret. 2008-02-20 16:26|| 2008-02-20 16:26|| Front Page Top

#7 I hope, I hope, I hope ExxonMobil tells Hugo to go to hell.

Posted by DarthVader">DarthVader 2008-02-20 17:31|| 2008-02-20 17:31|| Front Page Top

#8 Grab 'em by the balls, their hearts and minds will follow...

Posted by Jomosing Bluetooth8431 2008-02-20 17:32|| 2008-02-20 17:32|| Front Page Top

#9 Someone probably told them of the Helms-Burton Act when discussing 'nationalization' of Yankee property.

The Cuban Liberty and Democratic Solidarity (Libertad) Act of 1996 (Helms-Burton Act, Pub.L. 104-114, 110 Stat. 785, 22 U.S.C. Â§ 6021â6091) is a United States federal law which strengthens and continues the United States embargo against Cuba. The act extended the territorial application of the initial embargo to apply to foreign companies trading with Cuba, and penalized foreign companies allegedly "trafficking" in property formerly owned by U.S. citizens but expropriated by Cuba after the Cuban revolution. The act also covers property formerly owned by Cubans who have since become U.S. citizens.
http://en.wikipedia.org/wiki/Helms-Burton_Act

Do one of these on Venezuela after the courts have ruled ExxonMobil is owed big dinero and anyone out there who takes it upon themselves to make money off of former American owned property will quickly find themselves shut out of the American market. Do business with Venezuela or America? Tough choice even for suppliers of goods for Walmart.

Posted by Procopius2k 2008-02-20 17:41|| 2008-02-20 17:41|| Front Page Top

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