Thursday, February 26, 2009

My, How the Mighty Have Fallen


From 2002 to 2006, General Electric and Exxon Mobil went back and forth as the largest company by market cap before Exxon finally pushed GE off the side of the cliff in 2007. As shown in the chart above, there is no comparison between the two companies anymore, as Exxon is worth $366 billion and GE is worth just $96 billion. GE has a lot of work to do before it gets back in the hunt as the world's largest company.

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