The Ten Worst Corporations
of 2002

Bad Apples in a Rotten System: The 10 Worst Corporations of 2002

by Russell Mokhiber and Robert Weissman

2002 will forever be remembered as the year of corporate crime, the year even President George Bush embraced the notion of "corporate responsibility." While the Bush White House has now downgraded its "corporate responsibility portal" into a mere link to uninspiring content on the White House webpage, and although the prospect of war has largely bumped the issue off the front pages, the cascade of corporate financial and accounting scandals continues.

Consider this partial list of developments in the United States just in the month following the November 5 elections... MORE>>

The Top 10 Financial Scams of the 2002 Corporate Crime Wave

by Lee Drutman and Charlie Cray

Public confidence in chief executive officers (CEOs) and other corporate leaders sank to a new low in 2002 after a series of accounting scandals and financial scams capped a $5 trillion loss in market value and trashed the pensions and lifetime savings of millions of investors, workers and pensioners.

The 570 new SEC investigations opened up this year - more than any year of the previous decade - unearthed such a cornucopia of business improprieties that everyone had a hard time keeping up. First came Enron. Then WorldCom, followed by a trail of others - Adelphia, Global Crossing, Tyco, ImClone, Vivendi, etc. MORE>>

Caviar in Crisis: Luxury Food and Market Failure

An Interview with Inga Saffron

Inga Saffron is the author of Caviar: The Strange History and Uncertain Future of the World's Most Coveted Delicacy. She has been a reporter for the Philadelphia Inquirer for 16 years and served as the newspaper's Moscow correspondent from 1994 to 1998. MORE>>