Exxon Mobil being 'investigated'

Funny how a simple story can have two sides to it...

From The New York Times:

Exxon Mobil Investigated for Possible Climate Change Lies by New York Attorney General
The New York attorney general has begun an investigation of Exxon Mobil to determine whether the company lied to the public about the risks of climate change or to investors about how such risks might hurt the oil business.

According to people with knowledge of the investigation, Attorney General Eric T. Schneiderman issued a subpoena Wednesday evening to Exxon Mobil, demanding extensive financial records, emails and other documents.

The investigation focuses on whether statements the company made to investors about climate risks as recently as this year were consistent with the company’s own long-running scientific research.

And this from the International Business Times:

Hillary Clinton Demands Probe of Exxon After Oil Giant Stops Funding Clinton Foundation
Hillary Clinton is now supporting a federal investigation of ExxonMobil following the latest . disclosures that the giant oil company worked to hide the effects of climate change. Her call for an investigation comes only months after the company decided to stop sponsoring her family’s foundation.

The Clinton Foundation has accepted at least $1 million from ExxonMobil, despite the company’s history of financing challenges to climate science. And Clinton's State Department touted ExxonMobil as an example of how America should look at Iraq as “a business opportunity.”

The word you are looking for is Shakedown

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This page contains a single entry by DaveH published on November 6, 2015 1:38 PM.

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