I saw this ingenious ad campaign by EnergyTomorrow in the Capitol South metro station (obviously aimed at lawmakers). It features a pie chart showing who "owns" oil companies, that is, who has stock in them- the beauty of publicly traded companies. Pension funds, mutual funds and IRAs own 70.5% of oil companies and individual investors own another 23%. Only 6.6% is owned by corporate management and "other institutional investors."
Food for thought for those who decry the evils of big oil companies.
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See http://lvtfan.typepad.com -- a post by the same name.
There is a difference between the truth and the whole truth.
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