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The 10 Worst Corporations of 2008

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posted on Nov, 24 2008 @ 07:31 AM
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The 10 Worst Corporations of 2008


www.alternet.org

There's surely no one party responsible for the ongoing global financial crisis.

But if you had to pick a single responsible corporation, there's a very strong case to make for American International Group (AIG).

In September, the Federal Reserve poured $85 billion into the distressed global financial services company. It followed up with $38 billion in October.

The government drove a hard bargain for its support. It allocated its billions to the company as high-interest loans;
(visit the link for the full news article)


Related News Links:
www.multinationalmonitor.org



posted on Nov, 24 2008 @ 07:31 AM
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This is a very long article. But it does make some good points. It talks about political influence, deregulation, and a very important one in my opinion, food profiteering. I listed AIG above because it was the first on on the list, but the second is Cargill. It talks about how most small countries, even small ones use to produce enough food for them selves. Now seventy percent are importers. Meaning the food system is broke, and the food profiteers are the ones who broke it.

www.alternet.org
(visit the link for the full news article)



 
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