Word: exxon
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...steady hum of business-as-usual at Exxon's Manhattan headquarters was suddenly shattered last week by the howling of guitars and a raw-edged voice singing "You cut all the tall trees down, you poisoned the sky and the sea . . ." It was the music of Midnight Oil, the crusading Australian rock group, which staged a brief but high-decibel lunchtime concert below the company's windows. Between songs, lead singer Peter Garrett condemned Exxon's Alaskan oil spill. "You can't treat the world like a garbage dump," he said...
...million members (please, not subscribers). To attract younger readers, Garrett, 59, wanted National Geographic to embrace the news and shed its reputation as a moss-backed wishbook where adolescent boys once made the acquaintance of bare-breasted women. A photographer and journalist himself, Garrett began publishing stories about the Exxon Valdez, the fall of the Berlin Wall, the effects of acid rain, and life in East Harlem. Despite his innovations, circulation remained flat during Garrett's tenure, after having almost doubled during the previous ten years...
Lastly, the recent Exxon Valdez oil spill spurned concern about the pollution of the oceans and the threat to marine wildlife, as well as drawing attention to the underside of industrial expansion...
...Some are stuck with more than $1 billion in troubled mortgages, and the industry as a whole owns $60 billion worth of junk bonds. Compounding concerns is the fact that 1989 was one of the costliest years for accidents: tens of billions in claims are being processed after the Exxon oil spill, Hurricane Hugo and the San Francisco earthquake. Unlike savings institutions, insurance companies are not federally regulated or guaranteed. Some in Congress think it's time to intervene...
Thelma, the cashier at the local U-Save convenience store and Exxon station, also said she thought highly of Harvard. Her daughter graduated from here two years...