On the one hand, I like how companies like Apple, Google and Nestle have done well in the past decade (because I think these companies add significant value to the economy), I'm less enthusiastic about the other trend.
Microsoft got kicked off the #1 spot and Exxon Mobil has taken its place. New contenders in the top 25? Petroleo Brasileiro, PetroChina, Shell and Chevron. I see a pattern here.
And JP Morgan Chase, they made it into the top 25 with $25B of TARP money.
Not making any moral judgement here. It never struck home to me how the economy shifted in the past 10 years for the biggest companies, so I thought I'd comment.
Microsoft got kicked off the #1 spot and Exxon Mobil has taken its place. New contenders in the top 25? Petroleo Brasileiro, PetroChina, Shell and Chevron. I see a pattern here.
And JP Morgan Chase, they made it into the top 25 with $25B of TARP money.
Not making any moral judgement here. It never struck home to me how the economy shifted in the past 10 years for the biggest companies, so I thought I'd comment.