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The Bank of England refused to advance money, and it collapsed. The directors were sued, but exonerated from fraud. Friedrich Krupp. Germany. 1873. Steel, metals. Krupp's business over-expanded, and had to take a 30m Mark loan from the Preußische Bank, the Bank of Prussia. Danatbank. Germany.
Logo of Enron. The Enron scandal was an accounting scandal involving Enron Corporation, an American energy company based in Houston, Texas.When news of widespread fraud within the company became public in October 2001, the company filed for bankruptcy and its accounting firm, Arthur Andersen—then one of the five largest audit and accountancy partnerships in the world—was effectively dissolved.
People have always been eager to know the 10 most hated companies in America in 2020. The reason is simple: if it is ever possible to dislike or hate some people for real or imagined reasons, then ...
Nestlé has been involved in a significant number of controversies and has been criticized a number of times for its business practices. [1] Since the 1970s, the criticism of Nestlé increased, about the company's reported use of. slavery, child labor, incidents of contaminated and infested food products, preventing access to non-bottled water ...
In a recent 10,000-comment thread, Redditors shared a list of the country's most unethical companies that somehow fly under the radar.
The Big Tech reckoning gained momentum in 2021, as U.S. regulators accused behemoths like Google and Facebook of abusing their market power to gain an illegal edge over competitors. But one major ...
Criticism of Electronic Arts. Since the 2010s and before, the video game company Electronic Arts has been at the center of numerous controversies involving acquisitions of companies and anti-consumer practices in their individual games, as well as lawsuits alleging anti-competitive practices on EA's part when signing sports-related contracts.
The American multinational retail chain Walmart has received criticism from parties such as labor unions and small town advocates for its policies and business practices. Criticisms include charges of racial and gender discrimination, [1][2][3] foreign product sourcing, anticompetitive practices, treatment of product suppliers, environmental ...