4 ms·
A quick google search tells me this is false. Everyone of of those companies was certainly in business after the depression, most are today Company
by Aloha 4y ago
A quick google search tells me this is false. Everyone of of those companies was certainly in business after the depression, most are today
Company 1929 Revenues
Standard Oil (New Jersey) $1,523 (SO NJ > Exxon > merged with Mobil Oil to form ExxonMobil)
General Motors $1,504 (Reorganized in 2008, Still in Business)
Ford Motor $1,143 (Privately held until 50's Still in Business)
US Steel $1,097 (Still in Business)
Great Atlantic & Pacific Tea $1,054 (Out of Business 2015)
Swift & Co. $1,000 (Still in Business, Acquired by JBS SA in 2017 to form JBS USA)
Armour & Co. $1,000 (Bought by Greyhound in 1970, divested many ways, impractical to explain without a diagram - probably counts as out of business)
Standard Oil (Indiana) $495 (Amoco > Acquired by BP)
Sears, Roebuck $444 (Alive? maybe a zombie business)
General Electric $415
- wrycoder 4y ago[Factoid] was coined in 1973 by American writer Norman Mailer to mean a piece of information that becomes accepted as a fact even though it is not actually true, or an invented fact believed to be true because it appears in print.[0] [0] https://en.wikipedia.org/wiki/Factoid https://en.wikipedia.org/wiki/Factoid
- Aloha 4y agoI guess he used it correctly ;-)