Now, if only this were a national trend, maybe my 401k would be worth something!
Still, I’d be remiss not to comment on the ConocoPhillips bonuses: 8 figure bonuses should not be given out to executives presiding over a mess of a merger, which is exactly what CP is. The cultures of these two companies are highly incompatible. Effectively, Conoco no longer exists. Nice job, Mr. Mulva, presiding over this debacle. But hey, $21 million is $21 million, isn’t is?