[MCN] Wall St Journal covers Exxon's keep-it-in-the-ground dilemma
Lance Olsen
lance at wildrockies.org
Sat Sep 17 22:42:44 EDT 2016
When Should a Company Write Down Assets
Wall Street Journal
- ?14 hours ago?
Exxon Mobil Corp. XOM -1.23 % is under scrutiny for a question that's
fraught for any business: When should a company decide its assets
literally aren't worth it?
Full story behind paywall at:
http://www.wsj.com/articles/when-should-a-company-write-down-assets-1474064470
--
==================
"Booms have consequences."
James Grant.
Money of the Mind : Borrowing and Lending in America from the Civil
War to Michael Milken.
Farrar Straus Giroux. 1992.
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