The 10 Worst Corporations of 2008

The financial meltdown and economic crisis illustrated that corporations will destroy even themselves in search of profit.

2008 marks the 20th anniversary of Multinational Monitor's annual list of the 10 Worst Corporations of the year.

In the 20 years that we've published our annual list, we've covered corporate villains, scoundrels, criminals and miscreants. We've reported on some really bad stuff - from Exxon's Valdez spill to Union Carbide and Dow's effort to avoid responsibility for the Bhopal disaster; from oil companies coddling dictators (including Chevron and ... Full Story »

Posted by Marsha Iverson
Tags Help
Subjects: World, Business
Member Tags: corporate accountability
Editorial Help
Posted by: Posted by Marsha Iverson - Nov 24, 2008 - 8:41 AM PST
Edit Lock: This story can be edited
Edited by: Marsha Iverson - Nov 24, 2008 - 8:41 AM PST
Fred Gatlin
4.1
by Fred Gatlin - Nov. 24, 2008

This list of the ten worst firms has some common themes. The firms have little to no concern about their employees, work conditions or neighbors. Again the key word is greed without regulation. One key question is most of these firms have stockholders, where have they been?

See Full Review » (11 answers)
Marsha Iverson
4.4
by Marsha Iverson - Nov. 25, 2008

This analysis presents the most significant categories of corporate and administrative failures in accountability, as well as the most egregious violating companies and the governments that facilitate the crises--all in a highly readable and comprehensible package.

Read this for a clear vision of how greed, collusion and malfeasance have brought the global economy and environment to its current disastrous state, learn just how pervasive the damages are, and then start cogitating on how we can hope to survive this mess.

In September, less than a week after the bailout was announced, the Orange County Register reported on a posh retreat for company executives and insurance agents at the ... More »

See Full Review » (18 answers)
Jack Dinkmeyer
4.1
by Jack Dinkmeyer - Nov. 24, 2008

IBasically a textbook report on how corporations have subverted government restrictions, laws, and regulations to do exactly what they want to do–meaning endangering consumers’ health and even killing bunches of them–all in the name of profits. A must-read for every student of economics to see just how dangerous and demoralizing are global corporations, as well as making a strong case for strict regulations and laws.

In 2000, business bought an American government. and with it, freedom from those troublesome regulations restricting profits. Left on their own, they soon made falsehood of the ultra conservative free-market-follies mantra that corporations left on their own can be trusted to do the right thing. In truth, corporations left on their own can be trusted to destroy themselves and taking the world’s economy with them. Shall there be staggering retribution for this corruption? Get real!

See Full Review » (12 answers)
Marge Baxter
3.9
by Marge Baxter - Nov. 24, 2008

I was expecting to be disappointed by this article, but frankly I found it very good despite the tiresome subject. I thought the reporter was thorough in their research and it was a well thought out article and very relevant to today's events.

See Full Review » (6 answers)

Comments on this story Help (BETA)

NT Rating | My Rating

Ratings

4.2

Good
from 6 reviews (50% confidence)
Quality
4.2
Facts
4.2
Fairness
4.0
Information
4.3
Sourcing
3.7
Style
4.0
Context
4.2
Depth
4.0
Enterprise
4.0
Popularity
4.1
Recommendation
4.2
Credibility
4.3
# Reviews
3.0
# Views
5.0
# Likes
1.0
# Emails
1.0
More
How our ratings work »
(See these related stories.)

Links Help

No links yet. Please review this story to add some!