Tuesday, December 14, 2010

Corporate Failures Not Enough to Trigger Meaningful Regulatory Change in 2010

Corporate Failures Not Enough to Trigger Meaningful Regulatory Change in 2010
http://www.ombwatch.org/node/11414/

"In 2010, Big Business was often in the news for the wrong reasons. The BP oil spill disaster, the explosion at a Massey Energy mine that killed 29, and the recall of millions of Toyota vehicles, to name a few, made headlines throughout the year, both for their human, economic, and environmental toll and for the negligence they exposed. Despite these failures, 2010 was an excellent year for America's corporate elite. Profits skyrocketed, lobbyists fended off new regulation, and corporate access to Washington decision makers grew even more robust."

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