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The Ten Worst Corporations of 2004

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1 December 2004

The Ten Worst Corporations of 2004

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!)]

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14 December 2004

[DOC] Company websites: companies referred to in “The Ten Worst Corporations of 2004”, Multinational Monitor, Dec. 2004

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