Wednesday, May 04, 2005

The demise of Citgo

The New York Times > Business > World Business > The Troubled Oil Company

"Troubled". Good word that. Sort of like "The Titanic" was "troubled" after it encountered a heavy frozen object. I tried looking up Citgo's share price but Yahoo couldn't find it -- maybe it's not publicly traded?

What an extraordinary tale. If you think you work in a troubled company, then it may be nice to know things could be far worse. You might work at Citgo's Houston headquarters.

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