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May 29, 2008 2:56 PM

Exxon Defeats Rockefellers, But Looks Weak

By
David Hamilton
(MoneyWatch) 

 


exxonmobil_logo.jpgOver at The Corner Office, Peter Galuszka has been watching the epic knock-down, drag-out fight in Dallas between Exxon and the Rockefeller heirs, who wanted the oil giant to enact reforms that would cut its greenhouse-gas emissions. The Rockefellers ended up losing, but by such a margin that suggested a substantial minority of Exxon shareholders are sympathetic to their concerns.

Check out Peter's one-two punch on the subject here:

© 2008 CBS Interactive Inc.. All Rights Reserved.

  • David Hamilton is the assistant managing editor of CNET News. He has been writing and editing business and tech coverage for about two decades -- the majority of that at the Wall Street Journal in both Tokyo and San Francisco.

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