Recession? Profits of the 500 largest U.S. corporations soar by 81%

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A cover story in Fortune via Mike Allen’s Politico Playbook reads: ?rofits of the 500 Largest U.S. Corporations Soar by 81% ($318 Billion), the Third Largest Percentage Gain in List History

Peter Schorsch is the President of Extensive Enterprises and is the publisher of some of Florida’s most influential new media websites, including,,, and Sunburn, the morning read of what’s hot in Florida politics. SaintPetersBlog has for three years running been ranked by the Washington Post as the best state-based blog in Florida. In addition to his publishing efforts, Peter is a political consultant to several of the state’s largest governmental affairs and public relations firms. Peter lives in St. Petersburg with his wife, Michelle, and their daughter, Ella.