10 Worst Corporations of 2001 Named by Multinational Monitor

U.S. Newswire ^ | 12/31/2001 | U.S. Newswire

[T. P. Pole]

ExxonMobil earned a spot on the list for leading the global warming denial campaign and blocking efforts at appropriate remedial action

These guys are glad Exxon and Mobil merged. That way they didn't have to decide which one they disliked more.

[Gimlet]

Job-creating? My eye! Don't know about all on the list but there are some right villains in the bunch. Support enterprise and make some of these dead beat behemoths face justice. Make room for some up and comers to create those jobs without bleeding us all dry with their greed and disregard for anything but their own fat-cat profit margins.

[D-fendr]

Sorry Red, not with ya on the Motorola boycott, though I'm not gonna rush out and buy a Startac.

Motorola's in a tough business in a tough time, but they'll bounce back. I agree they let Nokia grab a big market, and that really hurts since Motorola owned it, but Nokia did it with design style, not with high tech. And Motorola is a whole lot more high tech areas than Nokia.

thanks for your post, but Motorola is a well run big corp.

[NC Conservative]

WHERE IS DISNEY? CLINTON'S BUTT BOY SHOULD BE ON THIS LIST TO BE FAIR.

IF HARRY POTTER IS THE REASON COKE IS ON THIS LIST, THEN THIS LIST SHOULD NOT BE TAKEN SERIOUSLY.

[NC Conservative]

WHERE IS DISNEY? CLINTON'S BUTT BOY SHOULD BE ON THIS LIST TO BE FAIR.

IF HARRY POTTER IS THE REASON COKE IS ON THIS LIST, THEN THIS LIST SHOULD NOT BE TAKEN SERIOUSLY.

[antienvironmentalist]

If these companies were to get up and walk, (i.e. shut down by the government, or by their executive board) none of us would be living any more. These companies allow our clothing to get to the stores and our food to get to our tables (although I have some moral dilemas w/ Phillip Morris). It is the statists like you who would rather have the population of the US wither away than to admit that we owe a great deal of gratitude to these corporations. As for the fact that these companies are employing less Americans each year, mabey you should look at your liberal regulations that are choking their bottom line. And by the way facism is a leftist movement, which begs for greater governmental control over it's people, which is exactley what republicans are against. Look up the definition of facism, if you doubt me.

[thatsnotnice]

Enron made the 10 worst list for costing many of its employees their life savings by refusing to let them dump Enron stock from their pension plans, as the company plunged toward bankruptcy.

Does pension plan = 401k in this case? If so, Enron didn't prevent anything. Regulations regarding 401k plan administrators prevented them. Good old governmental regulations to "protect" participants once again came around and bit them in the rear.

As for company stock in general, our company once had a dollar-for-dollar match. I could buy 10K in company stock and they would match it but you couldn't sell the matching shares for 5 years and could only get the match once a year. That's to prevent me from buying 10K in stock, getting the matching shares, selling them later in the day and repeating. They later went to a 10% discount on stock purchased by employees provided you keep it for two years. I could pay 9K for 10K worth of stock, but they were encumbered shares and couldn't be sold for 24 months. You want shares you can sell at any time, don't go for the discount.

There may have been restrictions on stock sales for reasons like those, but Enron did nothing sinister from what I've heard - At least not regarding employees and company stock.

[Gimlet]

I need to get my resume out to these company's so I can be part of the problem!
Get ready to leave the country then! Most of these are hand-in-glove with big government. Hard to pick which to be most concerned about. Long live free enterprise. When we put the interests of Americans first then these global new-world-order companies are no friends.

[Gimlet]

I need to get my resume out to these company's so I can be part of the problem!
Get ready to leave the country then! Most of these are hand-in-glove with big government. Hard to pick which to be most concerned about. Long live free enterprise. When we put the interests of Americans first then these global new-world-order companies are no friends.

[A Vast RightWing Conspirator]

This list is as informative as the '10 worst dressed men' list published by Vogue or whomever.

Want to see the 10 worst dressed men? Go to a homeless shelter.

Want to find 'really bad' corporations? Check the phone book. Many of them have names that start with 'AAAAAA...'.

[vbmoneyspender]

you may be a republican corporate fascist

LOL. BTW, who do you think wastes more American taxdollars, corporations or capitalist-hating leftists?

[Rodney King]

Does pension plan = 401k in this case? If so, Enron didn't prevent anything. Regulations regarding 401k plan administrators prevented them. Good old governmental regulations to "protect" participants once again came around and bit them in the rear.

They were changing the 401K is some manner such that all of the stock was locked up for two months or so. This of course was advertised way in advance. Enron belongs on the list for being liars and frauds, which cost all stockholders, but not directly for idiots who put all of their eggs in one basket.

[mewzilla]

They hit the nail on the head with Argenbright and Enron.

[Paulus Invictus]

Wal-Mart should head this list! (but they do treat chicoms right)

[Red Jones]

the government squanders money more easily than the big corporations.

republicans tend to want to use government to make special provisions to benefit big corporations for ideological reasons. Perhaps I was a bit intemperate before. But I just wanted to make the point that big corporations do not have any kind of a track record of creating jobs for Americans.

[Doctor Stochastic]

Not having staples by themselves and making me buy a new stapler to get some.

You don't go to Wal-Mart for staples. You go to a business supply store. Perhaps one will come to mind.

Unless you mean, sugar, flour, salt, potatos, (or potatoes), etc.

[sam_paine]

Abbott and Enron deserve to be on this list for defrauding taxpayers and stockholders.

Abbott's made me $2000 as a stockholder. I ain't been defrauded.

[Cicero]

To tell you the truth, multinational corporations are not high on my list of favorite things. I prefer to steer clear of Walmart and support local merchants. But I agree that this is a very silly list. The comments on Coke are especially fatuous.

[wideawake]

Enron defrauded stockholders. Abbott defrauded taxpayers, transferring their money to stockholders illegally.