May 2nd, 2006, 11:23 PM
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#1 (permalink)
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Elite Member
Join Date: Oct 2005
Location: Royal Oak,MI
Posts: 3,328
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Top 10 worst corporations of 2005.
Thought it talks about the corporations that were the worst last year, it's still an interesting read. Especially in these economic hellish times:
Quote:
OK, we know that, in the Internet age, harking back to 2005 seems like looking back on an ancient era.
But, if you will, indulge us for a moment as we reminisce and present Multinational Monitor's 10 Worst Corporations of 2005. (For the full story, go to <www.multinationalmonitor.org>.)
Listed alphabetically, here are the 10 Worst Corporations of 2005 and brief lowlights of the activities that earned them a place on the list:
BP: In March, 15 workers were incinerated, and more than 170 injured, following an explosion at BP's sprawling refinery in Texas City, Texas. It was the third fatal accident at the Texas City BP facility in the last four years. Nationwide, BP's facilities have had more than 3,565 accidents since 1990, ranking first in the nation, according to a 2004 report by the Texas Public Interest Research Group (TexPIRG).
Delphi: In October, Delphi CEO Steve Miller took his company into bankruptcy, with the explicit purpose of trashing the social contract between unionized auto workers in the United States and the auto industry. He proposed slashing worker wages from $27 an hour to a mere 10 bucks. And, in a fit of staggering arrogance, Miller and Delphi simultaneously proposed huge bonuses for company executives.
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http://www.sfbg.com/entry.php?entry_id=393
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