[Mb-civic] 04.14.2006 Late Breaking News

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                                                  LATE BREAKING NEWS

                                                    April 14, 2006

                                                        Friday



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OUCH!  -  EXXON CHAIRMAN GETS $400 MILLION RETIREMENT PACKAGE AMID SOARING GAS PRICES:   Soaring gas prices are
squeezing most Americans at the pump, but at least one man isn't complaining. Last year, Exxon made the biggest profit
of any company ever, $36 billion, and its retiring chairman appears to be reaping the benefits. Exxon is giving Lee
Raymond one of the most generous retirement packages in history, nearly $400 million, including pension, stock options
and other perks, such as a $1 million consulting deal, two years of home security, personal security, a car and driver,
and use of a corporate jet for professional purposes.   Last November, when he was still chairman of Exxon, Raymond told
Congress that gas prices were high because of global supply and demand. "We're all in this together, everywhere in the
world," he testified.

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