The Ten Worst Corporations of 2004
All components of this story
Author: Russell Mokhiber & Robert Weissman, Multinational Monitor
[10 worst list: Abbott Laboratories, AIG, Coca-Cola, Dow Chemical, GlaxoSmithKline, Hardee's (part of CKE Restaurants), Merck, McWane, Riggs Bank, Wal-Mart] [Accused of anti-AIDS drug price hikes,] Abbott said the price spike was justified...[In response to accusations of Coca-Cola's complicity in] violence committed against Coke's unionized workforce by paramilitary forces [in Colombia, Coca-Cola responded]..."Coca-Cola Company and its bottling partners have instituted special safeguards to protect employees"...[Regarding the Bhopal, India gas leak, Dow Chemical states] "While Dow has no responsibility for Bhopal, we have never forgotten the tragic event" [full company response quoted in article]...[Featured due to its alleged failure to disclose evidence of dangers related to its anti-depressant Paxil, GlaxoSmithKline] continues to insist that it disclosed information to appropriate authorities as soon as it discerned important results from its clinical studies...[In response to charges of a poor safety record McWane states] "our company has embarked on significant changes that are focused on setting the industry standard in employee safety, health and environmental programs"...[In response to accusations of Wal-Mart] suppressing wage levels, workplace protections and labor laws [a company spokesperson said] "we care about the health of our...employees". [also refers to Bayer, Halliburton, Union Carbide (part of Dow), KFC (part of YUM!)]
- Related stories: Coca-Cola lawsuit (re Colombia) The Ten Worst Corporations of 2004
- Related companies: Abbott Laboratories Bayer CKE Restaurants Coca-Cola Dow Chemical GlaxoSmithKline Halliburton Hardee's (part of CKE Restaurants) KFC (part of YUM!) McWane Merck Riggs Bank (now part of PNC Financial Services) Union Carbide (part of Dow) Walmart YUM!