Cast Your Vote for the Worst Offender in the Corporate Hall of Shame (AlterNet)

[marmar]

Cast Your Vote for the Worst Offender in the Corporate Hall of Shame

AlterNet. Posted May 24, 2007.



You can help choose the Worst of the Worst from a corporate culture gone bad.

Last week, Filmmaker Robert Greenwald, director of Iraq for Sale: the War Profiteers, recently testified before Congress about corporate conduct in Iraq that included price-gouging, out-and-out ripoffs, incomplete projects, giving dirty drinking water to U.S. troops in the field, charging the government for gas shipments that were never made, putting troops' lives at risk guarding empty trucks on dangerous convoys in order to make a buck and a dozen other egregious offenses on the backs of U.S. taxpayers.

In response, Rep. Jack Kingston, R-Insanity, revealed just how low the bar has been set in corporate America. Kingston, with a straight face, turned to Greenwald and asked him, "Are you saying that profit is evil?"

This is the environment in which America's civil society operates today. Whereas conservatives once defended the basic principles of capitalism, reactionaries like Kingston have come to view any attempt to hold corporations accountable for their actions as a form of socialism unto itself.

This week, Corporate Accountability International launched its "Corporate Hall of Shame" in an attempt to "publicly challenge corporations and expose their abuses, political influence and manipulation of public policy."

...(snip)...

Coca-Cola: The real cost of the Real Thing

What is the "Coke Side of Life" like on the other side of the world? In India, Coca-Cola bottling plants drain local water supplies, causing village wells to run dry. Plant workers in Colombia who fight for labor rights and decent working conditions are violently harassed. Here in the United States, Coke has worked to undermine public confidence in local water utilities through the marketing of its bottled water products, even though its water comes from municipal sources that they then mark up hundreds of times the original cost.

ExxonMobil: Slick lawyers -- and a lot of hot air

Even though ExxonMobil is the most profitable corporation in the world, the oil giant is still using its legal clout to avoid paying $4.5 billion in punitive damages from the 1989 Exxon Valdez oil spill. At the same time, Exxon is spending millions to delay action on global warming. As the only oil corporation that still denies the urgency of climate change, ExxonMobil spent nearly $16 million between 1998 and 2005 funding "junk science" from front groups that confuse the issue.

Ford: Driving America's dependence on oil

Automobiles are one of the biggest sources of greenhouse gas emissions in the United States -- and Ford's auto fleet has had deplorable fuel efficiency ratings. Ford also leads the industry in blocking state and federal efforts to improve auto emissions and efficiency. It was Ford's lobbyists that took the lead in keeping improved fuel efficiency standards out of the 2005 Energy Bill. Meanwhile, Ford has spent millions on "greenwashing" ads to portray itself as an environmental leader. In April, Ford awarded its new CEO $28 million for only four months of work, just as the company moves ahead with plans to close plants and cut more than 30,000 hourly positions.

Halliburton: Maximum profits, minimal accountability

At Halliburton, war profiteering is big business. Since the Iraq war began, Halliburton has been awarded more than $20 billion in government contracts. Now Congress is investigating $2.7 billion in waste and overcharging by Halliburton -- including bills for three times the meals that U.S. troops actually received in Iraq. With these sky-high prices comes an embarrassingly low level of service, such as water contaminated with feces that Halliburton delivered to troops for bathing, laundry and even making coffee. Now, after charging taxpayers billions of dollars for their government contracts, Halliburton has announced plans to cut and run, moving its corporate headquarters from Houston to Dubai, which will likely make it easier for the company to pay less U.S. taxes. .....(more)

The complete piece and links to vote are at: http://www.alternet.org/workplace/52238/

[Rydz777]

1. It's a good list and well supported, but where is WalMart?

That is a company that has (1)deliberately forced it suppliers to move their factories overseas, (2) contributed big-time to our country's negative balance-of-payments, and (3)dumped its workers' health care costs onto the public.

[marmar]

2. Good point.....

Or Monsanto or Bechtel? Too many corporate criminals, too few voting slots....

[Rydz777]

3. Sorry, my apologies. WalMart is on the list. I sounded off

before I went to the link. It's on the list at the bottom, and it got my vote as worst, though it's a tough choice given the competition.

[marmar]

4. Actually, when you click on the "Corporate Hall of Shame" link in the AlterNet piece....

WalMart is there.