“Unmasking Corporate Greed: Discover the 14 Companies That Took Exploitation to New Heights!”
The scandal resulted in billions of dollars in fines, a tarnished reputation, and a complete overhaul of the company’s leadership. It remains a cautionary tale about prioritizing profits over ethics.
4. Union Carbide (Bhopal Disaster)
Union Carbide’s negligence led to one of the worst industrial disasters in history, the Bhopal gas tragedy in 1984. A pesticide plant in India leaked toxic methyl isocyanate gas, killing thousands and injuring hundreds of thousands more.
The company cut costs by compromising safety measures and prioritizing profits over human lives. To this day, survivors and their families continue to fight for adequate compensation.
5. Lehman Brothers
The collapse of Lehman Brothers in 2008 was a defining moment in the global financial crisis. The firm’s reckless investments in subprime mortgages and risky financial instruments created a ripple effect that nearly destroyed the global economy.
Lehman’s fall highlighted the dangers of unchecked greed in the financial sector, leading to widespread unemployment and financial ruin.
6. East India Company
The British East India Company was as much a corporation as it was a colonial empire. In its pursuit of profit, it exploited India’s resources, controlled trade routes, and even raised its own army to maintain dominance.
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