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Business

148-155
431-439
800
475-479
378-381
815-825
264-267
Oct 2006 Portion of U.S. banking assets in 1996 that were controlled by the ten largest U.S. banks: 1/4



Portion today: 1/2
Source:

Federal Deposit Insurance Corporation (Washington)

Oct 2006 Average salary package last year among all full-time employees of Goldman Sachs, including support staff: $521,000
Source:

Goldman, Sachs & Co. (N.Y.C.)

Oct 2006 Chances of a recession in 2007, according to a chief economist of Merrill Lynch: 2 in 5
Source:

David Rosenberg, Merrill Lynch (N.Y.C.)

Oct 2006 Percentage change since 1999 in the number of consumer complaints about harassment by U.S. debt-collection agencies: +564
Source:

Federal Trade Commission (Washington)

Oct 2006 Minimum value of “small business” contracts given out by the U.S. last year that went to Fortune 500 firms: $1,200,000,000
Source:

Eagle Eye Publishers, Inc. (Fairfax, Va.)

Jul 2006Estimated change since 2001 in the total number of U.S. private-sector jobs: +1,900,000
Source:

Economic Policy Institute (Washington)

Jul 2006Percentage of U.S. workers who say they are confident that they will be able to live comfortably after retirement: 68
Source:

Employee Benefit Research Institute (Washington)

Jan 2006Chances that a U.S. company settling a corporate crime case will illegally deduct some or all of the settlement to the IRS: 3 in 5
Source:

U.S. Government Accountability Office

Jan 2006Percentage of U.S. CEO vacancies that are filled from outside the company: 40
Source:

RHR International Company (Wood Dale, Ill.)

Jan 2006Average amount it costs U.S. companies to process a query through a call center: $6.62
Source:

The Center for Customer Driven Quality (West Lafayette, Ind.)

Jan 2006Percentage change since 1996 in the amount that drug companies spend on direct-to-consumer advertising: +420
Source:

TNS Media Intelligence (N.Y.C.)/Harvard School of Public Health (Boston)

Dec 2005Minimum number of U.S. generals in Iraq using private security companies for their personal security: 4
Source:

U.S. Central Command (Baghdad)

Oct 2005Chance that a U.S. MBA obtained since 1980 was awarded to a woman: 1 in 3
Source:

U.S. Department of Education

Sep 2005Percentage markup that Abbott Laboratories charged in 2001 on solutions of sodium chloride, i.e., salt water : 20,735
Source:

U.S. Department of Justice

Aug 2005Number of corpses shipped on Delta Air Lines last year : 42,175
Source:

Delta Air Lines (Atlanta)

Mar 2005Ratio of active workers at General Motors to retirees on its pension rolls: 2:5
Source:

General Motors Corporation (Detroit)

Feb 2005 Percentage change since March 2002 in total U.S. corporate profits, as valued in dollars: +39
Source:

Silvercrest Asset Management Group (N.Y.C.)

Jan 2005Rank of Wal-Mart among Mexico's largest private employers : 1
Source:

Wal-Mart (Teotihuacan, Mexico)

Dec 2004Estimated revenue generated by Halliburton last year through subsidiaries in Iran : $63,506,000
Source:

Halliburton (Houston, Tex.)

Dec 2004Percentage salary cut that Delta's CEO announced this fall that he would take through the end of the year : 100
Source:

Delta Air Lines (Atlanta)

Nov 2004Minimum number of customers trampled to death in September at the opening of a Saudi Arabian Ikea : 2
Source:

Ghasson A. Al-Sulaiman Co. Ltd. (Riyadh, Saudi Arabia)

Nov 2004Percentage of Britons over the age of 50 who have hurt themselves attempting to open product packaging : 71
Source:

De Vere Media (Hampshire, England)

Nov 2004Number of U.S. McDonald’s franchises whose drive-through order taking has been outsourced to another state : 2
Source:

McDonald's Corporation (Chicago)

Nov 2004Price paid on eBay last November for two bottles of turkey-and-gravy soda : $63
Source:

eBay Inc. (San Jose, Calif.)

Sep 2004Number of HealthSouth executives charged with conspiracy, fraud, money laundering, or lying since March 2003 : 20
Source:

U.S. Attorney's Office (Birmingham, Ala.)

Aug 2004Minimum amount that Wal-Mart has received in subsidies from state and local governments since 1980 : $625,000,000
Source:

Good Jobs First (Washington)

Jul 2004Ratio of deaths of U.S. contractors worldwide in the last three months to those between April and September last year : 2:1
Source:

U.S. Department of Labor

Jul 2004Value of the "political risk insurance" that the U.S. government is providing two private investors in Iraq : $30,000,000
Source:

Overseas Private Investment Corporation (Washington)

Jul 2004Number of U.S. companies whose applications for such insurance are pending : 34
Source:

Overseas Private Investment Corporation (Washington)

Jul 2004Number of days this year that the Small Business Administration's largest loan program shut down for lack of funds : 8
Source:

U.S. Small Business Administration

Jun 2004Number of the ten missile-defense components to be deployed this fall that have been field-tested as a system : 0
Source:

General Accounting Office (Washington)/Council for a Livable World (Washington)

May 2004Percentage of senior management positions in medium-size Russian companies that are held by women : 42
Source:

Grant Thornton International (London)

May 2004Percentage of senior management positions at equivalent U.S. companies that are : 20
Source:

Grant Thornton International (London)

May 2004Total overruns at Boston's "Big Dig" attributed to mistakes and mismanagement by the Bechtel Corporation : $1,100,000,000
Source:

Boston Globe

Apr 2004Percentage change in Mexico's inflation-adjusted minimum wage since the implementation of NAFTA in 1994 : -21
Source:

Carlos Salas, Universidad AutUnoma Metropolitana (Iztapalapa, Mexico)

Apr 2004Year in which Citigroup formed a company called Buconero, Italian for "black hole," to help Parmalat conceal debt : 1999
Source:

Division of Corporations (Dover, Del.)

Apr 2004Factor by which a blimp being developed for the U.S. government by Lockheed Martin exceeds the size of Goodyear's : 25
Source:

Lockheed Martin (Bethesda, Md.)

Mar 2004Years of insurance that the money lost annually to health-care fraud and overbilling could buy every uninsured U.S. child : 3
Source:

U.S. Department of Health and Human Services/General Accounting Office (Washington)

Mar 2004Year in which then-congressman Donald Rumsfeld gave a speech criticizing war profiteering by Brown & Root : 1966
Source:

Congressional Record, Vol. 112

Mar 2004Ratio of the number of privately contracted military workers in Iraq to the number of British troops there : 5:4
Source:

Coalition Provisional Authority (Baghdad)

Mar 2004Days after Italian magistrates began investigating food conglomerate Parmalat last December that its former CEO was jailed : 8
Source:

Il Sole 24 ORE (Milan)

Mar 2004Ratio of 2004 Bush campaign donations from Merrill Lynch employees to those from Bechtel employees : 60:1
Source:

Center for Responsive Politics (Washington)

Mar 2004Minimum price a Russian company charges to provide an alibi for an adulterer's absence : $34
Source:

Dmitry Petrov (Moscow)

Mar 2004Price a British company charges for its Purring Kitty software, which converts a mobile phone into a "discreet massager" : $2.65
Source:

Vibelet (London)

Mar 2004Percentage of Chinese exports to the U.S. accounted for by merchandise sold at Wal-Mart : 10
Source:

Wal-Mart (Bentonville, Ark.)/Department of Commerce (Washington)

Mar 2004Estimated value of Senate majority leader Bill Frist's household's stake in HCA, his family's hospital chain : $26,000,000
Source:

Physicians for a National Health Program (Chicago)

Mar 2004 Settlement Philip Morris paid the girl's family last May : $2,000,000
Source:

Philip Morris USA (Richmond)

Jan 2004Amount such a weapon can reportedly fetch on the international black market : $5,000
Source:

Independent (London)

Jan 2004Months after a data firm was hired to run MATRIX that its CEO resigned, admitting to past drug smuggling : 18
Source:

Seisint, Inc. (Boca Raton, Fla.)/Qorvis Communications (McLean, Va.)

Jun 2003Days after the U.S. invaded Iraq that Sony trademarked "Shock & Awe" for video games: 1
Source:

U.S. Patent and Trademark Office

Feb 2003Minimum amount S&P 500 corporations owe in retirement benefits for which they have set aside no funds: $458,000,000,000
Source:

Merrill Lynch (N.Y.C.)

Oct 2002Percentage of Americans who blame Bill Clinton's "moral failings" for the current business scandals: 51
Source:

The Gallup Organization (Princeton, N.J.)

Oct 2002Percentage who blame President Bush's "close ties to big corporations" for the current business scandals: 46
Source:

The Gallup Organization (Princeton, N.J.)

Sep 2002Number of appearances made by corporate representatives on U.S. network nightly newscasts last year: 955
Source:

Fairness and Accuracy In Reporting (N.Y.C.)

Sep 2002Percentage of U.S. corporate executives who admit to having cheated at golf: 82
Source:

Starwood Hotels & Resorts Worldwide, Inc. (White Plains, N.Y.)

Sep 2002Number of square feet of retail space per American: 27
Source:

Retail MAXIM (N.Y.C.)

Aug 2002Number of students at Illinois's Aurora University who have earned academic credit for a course in "business golf": 29
Source:

Aurora University (Aurora, Ill.)

Jun 2002Total public financing for which Enron has received approval since 1992: $7,219,000,000
Source:

Institute for Policy Studies (Washington)

Jun 2002Date on which the first CD of the Brooklyn rock band I Am the World Trade Center was released: 5/8/01
Source:

Kindercore Records (Boulder, Colo.)

May 2002Estimated percentage by which British arms sales to African countries next year will exceed such sales in 1999: 400
Source:

Campaign Against Arms Trade (London)

May 2002Percentage of Enron's 3,100 subsidiaries at the time of its bankruptcy that were located in other countries: 64
Source:

Enron 2000 Annual Report/Harper's research

May 2002Percentage of writers of U.S. clinical-practice guidelines who have financial ties to pharmaceutical companies: 58
Source:

Allan Detsky, University of Toronto

Apr 2002Minimum number of Israeli high school students who wrote Prime Minister Ariel Sharon last fall to refuse in advance: 62
Source:

Jewish Peace Fellowship (Nyack, N.Y.)

Apr 2002Minutes before the President spoke at a jobs program last winter that protesters heard the event had been canceled: 10
Source:

Portland Peaceful Response Coalition (Portland, Oreg.)

Mar 2002Number of U.S. professional-sports stadiums whose corporate namesakes have filed for bankruptcy since December 1999: 5
Source:

Warsaw Sports Marketing Center, University of Oregon (Eugene)

Mar 2002Percentage change since January 2001 in the share price of the largest private prison-management company: +440
Source:

Corrections Corporation of America (Nashville)

Dec 2001Page on which the New York Times reported the EPA's 7-year extension of genetically modified corn sales last fall: C6
Source:

Harper's research

Dec 2001Total number of bids placed on Bidforsurgery.com since last year: 12,600
Source:

Medicine Online Inc. (Huntington Beach, Calif.)

Sep 2001Percentage change since 1999 in U.S. sales of hardcover books for adults and children, respectively: -12, +13
Source:

Association of American Publishers (N.Y.C.)

Jul 2001Number of Coca-Cola commercials that the company contributed to the Library of Congress last November: 20,000
Source:

Library of Congress

Apr 2001Percentage change between 1999 and 2000 in the number of audits of U.S. corporations: –28
Source:

Internal Revenue Service (Washington)

Mar 2001Percentage of global economic activity accounted for by the world's 200 largest corporations: 27.5
Source:

Institute for Policy Studies (Washington)

Mar 2001Percentage of the world's population that the world's largestcorporations employ: 0.8
Source:

Institute for Policy Studies (Washington)

Dec 2000Price for which an eight-year-old Colorado girl was offered for sale by her mother over the Internet last year: $4,000
Source:

Arapahoe District Court (Englewood, Colo.)

Sep 2000Ratio of Lockheed Martin's 1999 sales to the $13 million fine it will pay for giving secret technology to China: 1,962:1
Source:

Lockheed Martin Corporation (Bethesda, Md.)/U.S. Department of State

Sep 2000Ratio of the number of copies of The Great Gatsby sold each month in the U.S. to the number sold in the author's lifetime: 5:3
Source:

Simon &Schuster (N.Y.C.)/Harold Ober Associates (N.Y.C.)

Aug 2000 Bounty placed on the head of any U.S. DEA agent last January by Mexico's Juárez drug cartel: $200,000
Source:

Drug Enforcement Administration (El Paso, Tex.)

Aug 2000Ratio of the number of corporate mergers signed under the Clinton Administration to those signed under Reagan: 3:1
Source:

Thomson Financial Securities Data (Newark, N.J.)

Jun 2000Estimated minimum value of the diamonds sold to De Beers by Angolan rebels since 1992: $1,000,000,000
Source:

Human Rights Watch (London)

Apr 2000Factor by which combined U.S. individual charitable donations in 1998 exceeded those of foundations and corporations: 6
Source:

Ann E. Kaplan, Ed., Giving USA, American Association of Fund-Raising Counsel Trust for Philanthropy (Sewickley, Pa.)

Feb 2000Number of the 65 international trade disputes settled through the WTO that led to a change in national policy or law: 59
Source:

Global Trade Watch (Washington)

Feb 2000Number of the 10 international trade disputes settled through the WTO involving environmental or public heath issues that led to a weakening of national laws: 10
Source:

Global Trade Watch (Washington)

Feb 2000Ratio of eToys' 1999 net sales through last September to what it spent on marketing and advertising: 2:3
Source:

eToys, Inc. (Santa Monica, Calif.)

Jan 2000Months after publishing The Communist Manifesto that Karl Marx became editor of a newspaper funded by industrialists: 2
Source:

The Marx-Engels Correspondence, Wiedenfeld &Nicolson (London)

Jan 2000Months' worth of salary lost by Groucho Marx in 1929's stock market crash: 28
Source:

Groucho Marx, Groucho and Me, B. Geis Associates (N.Y.C.)

Jan 2000Number of the ten largest multinational corporations that produce automobiles or gasoline: 9
Source:

Multinational Monitor (Washington)

Nov 1999Average percentage of revenue of a Fortune 500 company last year that was profit: 5.3
Source:

Fortune (N.Y.C.)

Oct 1999Portion of resulting from -18% change in domestic discretionary spending required to fund Congress's proposed tax cuts that will go to corporations: 9/10
Source:

Citizens for Tax Justice (Washington)

Oct 1999Value of Pentagon-brokered U.S. arms sales last year to Taiwan, expressed as a percentage of such sales to Israel: 92
Source:

U.S. Department of Defense

Oct 1999Amount of corporate funding or advertising accepted by the Pacifica Radio Network's five stations since 1949: 0
Source:

KPFA (Berkeley, Calif.)

Sep 1999Percentage of the proceeds of an AIDS fund-raising bike ride across Texas last fall used to cover “production costs”: 85
Source:

Pallotta Teamworks (Los Angeles)

Sep 1999Portion of all U.S. arms sales abroad between 1993 and 1997 that were brokered by the Pentagon: 1/2
Source:

Federation of American Scientists (Washington)

Aug 1999Tons of uranium from Russia's nuclear arsenal that the country will sell to a U.S. company over the next twenty years: 500
Source:

U.S. Department of Energy

Jul 1999Fee that Nike offered Ralph Nader to say “another shameless attempt by Nike to sell shoes” in a TV ad: $25,000
Source:

Ralph Nader (Washington)

Jul 1999Chance that a pair of women's shoes sold in the U.S. is sold by Nine West: 1 in 5
Source:

Nine West Group Inc. (White Plains, NY)

May 1999Portion of the domestic market that the proposed merger between Exxon and Mobil will control: 1/7
Source:

American Petroleum Institute (Washington)/Exxon Corp. (Irving, Tex.)

May 1999Percentage change since 1997 in the number of antitrust investigations opened by the Federal Trade Commission: +234
Source:

Federal Trade Commission (Washington)

Apr 1999Settlement paid 3 female federal inmates last year after guards sold them as sex slaves to male prisoners: $500,000
Source:

Rosen, Bien &Asaro (San Francisco)

Apr 1999Number of the 9 prison employees named in the women's lawsuit, charged with selling the women as sex slaves to male prisoners, who were charged with a crime: 0
Source:

Federal Bureau of Prisons (Dublin, Calif.)

Apr 1999Number of U.S. companies and groups licensed to sell merchandise bearing the Vatican's Jubilee 2000 logo: 31
Source:

National Conference of Catholic Bishops (Washington)

Apr 1999Percentage of Iceland's gene pool to which Decode Genetics plans to acquire exclusive commercial rights this year: 100
Source:

Mannvernd, Icelanders for Ethics in Science and Medicine (Reykjavík, Iceland)

Mar 1999Percentage change in Iraq's oil sales since 1997: +45
Source:

U.S. Energy Information Administration

Mar 1999Estimated percentage of Indonesian businesses that are in bankruptcy: 70
Source:

The World Bank (Washington)/International Labor Organization (N.Y.C.)

Mar 1999Size of the business loan given Amazon.com last April after 11 consecutive months without a profit: $275,000,000
Source:

Amazon.com (Seattle)

Mar 1999Severance pay Biondi received last year after he was fired by Universal Pictures: $30,000,000
Source:

Viacom Inc. (N.Y.C.)/Harper's research

Feb 1999Estimated chances that a U.S. corporate merger will result in short- and long-term shareholder losses: 2 in 3
Source:

Professor Mark Sirower, The Wharton School (Philadelphia)

Feb 1999Average profit U.S. businesses earn per worker for every $1 spent on salary and benefits: $2.15
Source:

Saratoga Institute (Santa Clara, Calif.)

Feb 1999Number of products licensed last year by the New York entrepreneur who trademarked the sequence 01-01-00: 1,000
Source:

Walker Group/Designs (N.Y.C.)

Jan 1999Ratio of total U.S. disaster aid to Honduras last year to average annual U.S. military aid to Honduras in the 1980s: 6:7
Source:

Latin America Working Group (Washington)

Jan 1999Months after boxing promoter Don King was acquitted of fraud last year that he took his jurors to the Bahamas: 2
Source:

Don King Productions (Deerfield Beach, Fla.)

Dec 1998Number of U.S. corporations that have signed up as Adopt-a-Minefield sponsors since the program began last December: 5
Source:

The United Nations Association of the USA (N.Y.C.)

Nov 1998Number of “I Slept with Kenneth Starr” bumper stickers sold by a Little Rock gift shop since last April: 990
Source:

The Design Center (Little Rock, Ark.)

Nov 1998Number of heart attacks on Wall Street the day the market dropped 513 points last August: 2
Source:

Dr. Ira Schulman, NYU Downtown Hospital (N.Y.C.)

Nov 1998Number of heart attacks on Wall Street when the market rose 288 points: 3
Source:

Dr. Ira Schulman, NYU Downtown Hospital (N.Y.C.)

Oct 1998Number of “Assault Recovery” insurance policies sold to school employees in the last year: 207
Source:

Horace Mann Life Insurance Company (Springfield, Ill.)

Oct 1998Estimated U.S. taxes that multinational corporations legally avoided this year by using foreign accounts: $10,100,000,000
Source:

Joint Committee on Taxation (Washington)

Sep 1998Percentage change since 1995 in U.S. sales of merchandise featuring The Three Stooges: +300
Source:

Comedy III Productions (Glendale, Calif.)

Aug 1998Number of bids received by the Russian government last May when it put its remaining national oil company up for sale: 0
Source:

Emerging Market Services (N.Y.C.)

Aug 1998Number of $530 monogrammed Louis Vuitton World Cup soccer balls sold in the U.S. since last April: 87
Source:

Louis Vuitton North America, Inc. (N.Y.C.)

Jul 1998Number of corporate spies in the Society of Competitive Intelligence Professionals: 6,600
Source:

Society of Competitive Intelligence Professionals (Alexandria, Va.)

Jul 1998Months before the 1929 stock market crash that Forbes magazine noted the “heroic scale” of U.S. economic growth: 4
Source:

Forbes (N.Y.C.)

Jul 1998Maximum business deduction allowed U.S. employers per employee parking space they provide: $175
Source:

Internal Revenue Service

Jun 1998Percentage change since 1993 in U.S. sales of manual push mowers: +150
Source:

American Lawn Mower (Shelbyville, Ind.)

Jun 1998Ratio of California prison jobs created between 1984 and 1994 to state jobs in higher education cut during that time: 3:1
Source:

Justice Policy Institute (Washington)

Jun 1998Number of jars of Exxon Valdez oil sludge sold by the state of Alaska since last November to help pay cleanup costs: 850
Source:

Department of Environmental Conservation (Juneau)

Jun 1998Percentage change since 1996 in Amway sales in China: +183
Source:

Amway Corporation (Ada, Mich.)

Jun 1998Total value of all Japanese capital held in no-interest savings accounts or cash: $5,544,889,025,400
Source:

Merrill Lynch (N.Y.C.)

May 1998Ratio of the estimated cost of Kenneth Starr's investigation to projected ad sales for the last episode of Seinfeld : 1:1
Source:

Harper's research/Advertising Age (Chicago)

May 1998Length, in pages, of the Senate's new report on the financing of the 1996 Democratic campaigns: 1,112
Source:

Senate Committee on Governmental Affairs

May 1998Number of the Senate's report on the financing of the 1996 Democratic campaigns 33 chapters that are devoted to the issue of campaign-finance reform: 1
Source:

Senate Committee on Governmental Affairs

May 1998Number of House votes that Representative Jay Kim's 1997 campaign-finance-fraud conviction will cause him to miss: 0
Source:

Office of Representative Jay Kim (Washington)

May 1998Number of countries that have received U.S. military aid since 1995 in preparation for NATO expansion: 19
Source:

World Policy Institute (N.Y.C.)

May 1998Chance that a U.S. high school student owns a promotional item from a cigarette company: 1 in 3
Source:

Dartmouth-Hitchcock Medical Center (Lebanon, N.H.)

May 1998Amount for which a Missouri inmate offered to sell one of his organs last winter to pay legal fees: $50,000
Source:

H. Andrew Chastain, Crossroads Correctional Center (Cameron, Mo.)

May 1998Number of minutes that Mir's Russian cosmonauts spent this year advertising a “space pen” live on QVC: 15
Source:

QVC (West Chester, Pa.)

May 1998Number of weeks after the Monica Lewinsky story broke that a Denver company began selling “presidential kneepads”: 3
Source:

Simple Products (Denver)

Apr 1998Portion of IRS audits that are conducted on large corporations: 1/500
Source:

IRS

Apr 1998Portion of fines levied and underpayments cited by the IRS each year for which large corporations are responsible: 1/2
Source:

IRS

July 22, 2009John Berry, the businessman who popularized WD-40, died.
Source:

Los Angeles Times

May 31, 2009Bausch & Lomb reportedly had so far paid out $250 million to settle nearly 600 lawsuits over its contact-lens cleaner product ReNu with MoistureLoc, which prior to its recall caused hundreds of fungal infections, necessitating 60 corneal transplants and seven eye removals.
Source:

The New York Times

April 22, 2009David Kellerman, the chief financial officer of Freddie Mac, hanged himself.
Source:

New York Times

March 6, 2009Auditors said that even with loans from the Treasury, General Motors is likely to fail.
Source:

Washington Post

February 27, 2009Fifty-four percent of graduating U.S. business majors lacked job offers, and Latham & Watkins, an international law firm, planned to lay off 8 percent of its attorneys with six months' severance (up to $100,000 plus benefits) and to pay recent law-school hires up to $75,000 to defer work until late 2010.
Source 1:

BusinessWeek

Source 2:

The AM Law Daily

January 29, 2009A disgruntled former Fannie Mae computer engineer was indicted for allegedly attempting to plant a “logic bomb” in the corporation's computer code.
Source:

Channel Web

January 28, 2009 Wall Street was found to have distributed $18.4 billion in bonuses, its sixth largest payout ever.
Source:

NYTimes

January 5, 2009Steve Jobs, the C.E.O. of Apple, said that his recent weight loss was due not to pancreatic cancer but to a hormone imbalance that “has been 'robbing' me of the proteins my body needs to be healthy.”
Source:

PCWorld

December 23, 2008 Manpower Inc., a temporary-staffing agency, lowered its fourth-quarter financial forecast due to a rapid decline in demand.
Source:

Wall Street Journal

December 4, 2008 Representatives of the Big Three car companies, facing their lowest sales in decades and, in the case of Chrysler and General Motors, imminent collapse, again appeared before Congress (traveling by car and commercial flights this time, rather than on private jets) to ask for $34 billion in aid, a few billion less than the value of Harvard University's endowment four months ago, before it lost $8 billion.
Source 1:

KansasCity.com

Source 2:

The Guardian

Source 3:

The Wall Street Journal

Source 4:

The Financial Times

November 23, 2008Federal regulators planned to bail out Citigroup with $20 billion in direct investment as well as over $300 billion in loan and securities guarantees.
Source:

NYTimes

November 12, 2008It was announced that a portion of the government's $700 billion bailout package may be used to pay year-end bonuses on Wall Street.
Source:

CBS

October 23, 2008 AIG announced that it would halt $19 million in payments to its former chief executive, Martin Sullivan, and freeze its $600 million deferred-compensation and bonus pools.
Source:

Wall Street Journal

October 23, 2008More than 50 banks received letters containing a white powder, warning “It's payback time.”
Source:

CNN

September 18, 2008After many years of increasing borrowing and at least thirteen months of evidence of an impending catastrophe, American financial institutions faced the worst credit crisis since the Great Depression. “The world,” explained Iranian President Mahmoud Ahmadinejad, “no longer has the capacity to absorb fake U.S. dollars.”
Source 1:

Economist

Source 2:

The Wall Street Journal

Source 3:

Bloomberg

September 18, 2008Global stock markets lost $3.1 trillion in four days, and American International Group (AIG), the world's biggest insurance company and a leader in the $62 trillion credit-default swap market, was nearly bankrupted. “The private market has screwed itself up,” said Representative Barney Frank (D., Mass.), “and they need the government to come help them unscrew it.” The Federal Reserve loaned AIG $85 billion at 11 percent interest and took control of the company, which was founded in China in 1919 and driven out thirty years later by Mao. AIG was replaced in the Dow Jones Industrial Average by Kraft, the makers of Cheez Whiz.
Source 1:

Der Spiegel

Source 2:

The New York Times

Source 3:

The New York Times

Source 4:

Der Spiegel

Source 5:

Boston Globe

Source 6:

CNN

Source 7:

Bloomberg

September 15, 2008Stocks on Wall Street and other exchanges throughout the world dropped as brokerage Merrill Lynch was bought by Bank of America, insurance giant AIG sought tens of billions of dollars in government loans, and investment bank Lehman Brothers declared bankruptcy.
Source:

The New York Times

August 26, 2008 Citibank, facing huge losses, asked its bankers to stop making color photocopies and to start printing internal presentations on both sides of the page.
Source:

New York Times

July 13, 2008The U.S. Office of Thrift Supervision seized the IndyMac Bank of California, worth an estimated 32 billion dollars, after the bank's closure in the wake of mortgage industry collapse.
Source:

AFP

June 26, 2008The Supreme Court determined that Exxon need pay only $507.5 million (about four days' worth of recent profits) of the $5 billion in punitive damages initially awarded to victims of the 1989 “Valdez” oil spill.
Source 1:

CNN Money

Source 2:

AP via Yahoo! News

March 30, 2008 McCain asked mortgage lenders to provide voluntary aid to homeowners, recalling that General Motors had offered no-interest car financing after September 11. Senator Hillary Clinton suggested consulting former Federal Reserve Chairman Alan Greenspan. While Clinton conceded that Greenspan helped cause the current crisis, she claimed that he has a “calming influence” on Wall Street. “Don't ask me why,” she said, “because I never understand what he's saying.” Senator Barack Obama gave a stirring speech, invoking the history of American finance from Hamilton and Jefferson to the present day, and Treasury Secretary Henry M. Paulson, Jr. proposed the largest reform of the American financial system since the Great Depression.
Source 1:

LAT

Source 2:

LAT

Source 3:

NYT

Source 4:

WP

Source 5:

Attytood

Source 6:

NYT

Source 7:

Boston Globe

Source 8:

WP

Source 9:

WSJ

Source 10:

Businessweek via Der Spiegel

Source 11:

NYT

Source 12:

WP

March 14, 2008The cubicle turned 40, Viagra turned 10, and Hotel Luxor, the oldest whorehouse in Germany's red light district, announced that it would close for lack of business.
Source 1:

Time

Source 2:

Yahoo News

Source 3:

Associated Press

January 8, 2008 Merrill Lynch reported that the United States had already entered a recession.
Source:

BBCnews.com

October 29, 2007 General Motors announced it would open a new research center into alternative fuels and vehicles in Shanghai.
Source:

Forbes.com

October 14, 2007Two thirds of American CEOs, a study found, think that American CEOs are overpaid.
Source:

Financial Times

September 25, 2007 Nike unveiled the Air Native, a sneaker that has a larger fit for the distinct foot shape of American Indians and features several “heritage callouts,” including sunrise patterns, feather designs, and stars representing the night sky.
Source:

Associated Press

September 22, 2007A University of Florida student was Tasered after his question for Senator John Kerry went on too long. An Ocala, Florida, man accused police of Tasering him after he refused to drop his Koran; police in Tustin, California, Tasered a 15-year-old autistic boy; and a Taser dart fired at a Vancouver, Washington, man ignited the cigarette lighter in his pocket, setting his pants on fire. Sales at Taser International were expected to reach $90 million this year.
Source 1:

The Boston Globe

Source 2:

WRAL.com

Source 3:

OC Register

Source 4:

Seattle Post-Intelligencer

Source 5:

Times Online

September 17, 2007 Raytheon unveiled Silent Guardian, a device that radiates unbearable pain. “You don't have time to think about it,” said an executive. “You just run.” The ray gun, Raytheon promised, will not be sold to countries with questionable human rights records, although it will be used by the United States in Iraq.
Source:

Daily Mail

August 13, 2007Losses among lenders to American debtors led to a one-day plunge of 387 points in the Dow Industrial Average. The Federal Reserve injected $62 billion into the market--its largest intervention since September 19, 2001--and its international counterparts followed suit. Hedge funds were in the red. “You have a better chance at making money on the craps table than in this market,” remarked one analyst.
Source 1:

New York Times

Source 2:

New York Times

August 12, 2007 China Public Security, a U.S.-financed company contracted by the People's Republic, was outfitting the city of Shenzen with 20,000 surveillance cameras and issuing identity cards to record each citizen's name, address, employment status, education, religion, ethnicity, police record, medical-insurance status, reproductive history, and landlord's phone number. “If they do not get the permanent card,” said a China Public Security executive, “they cannot live here, they cannot get government benefits, and that is a way for the government to control the population in the future.”
Source:

New York Times

July 16, 2007IHOP, which serves more than 700 million pancakes each year, announced that it would buy Applebee's for $1.9 billion.
Source 1:

IHOP

Source 2:

The Atlanta Journal-Constitution

May 21, 2007 Microsoft announced that it would acquire online media and advertising firm aQuantive for $6 billion.
Source:

MediaWeek

February 13, 2007 Bank of America was offering a new credit card aimed at illegal immigrants.
Source:

Reuters

January 26, 2007 North Korea demanded 44 million euros from the insurance company Lloyd's of London as compensation for damages in an alleged catastrophic helicopter accident in April 2005. According to their filed claim, a helicopter owned by the state airline was flying from Pyongyang to a remote island to save a woman who was in labor with triplets when it crashed into a warehouse full of humanitarian-relief supplies, causing a fire. “All this business about spending their money on their nuclear program,” said a source close to the North Koreans, “is complete tosh.”
Source:

London Times

January 26, 2007 Ford posted a loss of $12.7 billion for 2006, the largest in its 103-year history, and equivalent to the GDP of Jordan. Asked about his plans for the company, CEO Alan R. Mulally said, “At the top of the list, I would put dealing with reality.”
Source 1:

USA Today

Source 2:

NYT

January 26, 2007 Profits at Tokyo-based Nintendo Co. were up 43 percent in the nine months ending in December, largely on sales of its new Wii video-game system.
Source:

AP via LA Times

December 17, 2006The pharmaceutical company Eli Lilly was found to have downplayed the health risks of Zyprexa, its best-selling medication for schizophrenia.
Source:

NYT

November 27, 2006Barry Diller, at one time the highest paid CEO in the world, said corporate compensation consultants should be “flushed into the East River.”
Source:

Reuters via Gawker

October 25, 2006 Daimler Chrysler also lost $1.5 billion during the same time period.
Source:

New York Times

October 24, 2006 Ford Motor Company announced $7.6 billion in third quarter losses.
Source:

Sydney Morning Herald

October 12, 2006 Coca-Cola announced plans to market a new calorie-burning green tea beverage called Enviga.
Source:

NBC

October 7, 2006 Tower Records, which is bankrupt, announced that it had been sold and that its assets would be liquidated.
Source:

The Hollywood Reporter

October 6, 2006Dog-feces-cleanup franchises were opening across the United States. It's the “best job in the world,” said Matt Boswell, the Chief Excrement Officer of Texas-based Pet Butler, which operates in 14 states.
Source 1:

The Seattle Times

Source 2:

MSNBC

October 5, 2006 Starbucks announced plans to add 28,000 new locations to its extant 12,000.
Source:

Starbucks' new store-opening goal: 40,000

September 22, 2006 Businessman Richard Branson pledged to donate $3 billion to alternative energy development.
Source:

ABC News via google news

September 18, 2006Patricia C. Dunn, the chairwoman of Hewlett-Packard, agreed to resign in January after it was revealed that Hewlett-Packard had spied on its own board in order to stop leaks.
Source:

The New York Times

September 5, 2006Visitors to the Texas State Fair were enjoying deep-fried Coca-Cola.
Source:

Local6.com

July 15, 2006Peter Coors, chief executive of Molson Coors Brewing Co., had his license revoked for drunk driving.
Source:

BBC News

July 12, 2006The Vatican announced that, while it paid $9 million for the funeral of Pope John Paul II, it still made a $12.4 million profit in 2005.
Source:

BBC News

July 8, 2006An Army reserve colonel offered to plead guilty to charges that he engaged in bribery, conspiracy, and money laundering while he was stationed in Iraq.
Source:

New York Times

June 26, 2006A gang of marauding transvestite thieves was terrorizing New Orleans businesses.
Source:

New Orleans City Business

June 20, 2006A study by Pfizer found that most women between the ages of 25 and 74 prefer their sex partners to have hard penises.
Source:

Malaysia Star via Google News

June 19, 2006 Nestlé announced that it would buy weight loss firm Jenny Craig.
Source:

The New York Times

May 31, 2006 President George W. Bush named Goldman Sachs Group Chairman Henry Paulson Jr as the new Secretary of the Treasury.
Source:

The Washington Post

March 22, 2006 Colgate announced that it would buy Tom's of Maine for about $100 million.
Source:

The Boston Globe

March 8, 2006After 213 years as a nonprofit, the New York Stock Exchange became a public company.
Source:

The New York Times

March 6, 2006 AT&T announced that it would purchase Bell South for $67 billion and eliminate 10,000 jobs.
Source:

The New York Times

January 31, 2006 ExxonMobil announced that it had a $36.1 billion profit in 2005, more than any company in any year ever, then announced that its profits were actually moderate. Royal Dutch Shell also reported record profits.
Source 1:

The Seattle Times

Source 2:

BBC News

December 31, 2005U.S. financial giant Citigroup was attempting to purchase about 85 percent of the state-owned Guangdong Development Bank of China.
Source:

The New York Times

December 30, 2005The University of Michigan was boycotting Coca-Cola products because of Coca-Cola's human rights policies.
Source:

Local 6

December 15, 2005 EBay was selling 85 toys a minute.
Source:

Click2Houston.com

December 6, 2005Ford began to cut back its advertising in gay publications.
Source:

Breitbart.com

November 24, 2005At the Macy's Thanksgiving Day Parade, the M&M's Chocolate Candies balloon knocked parts of a street lamp onto a woman and child. Both were briefly hospitalized. “We should be thankful,” said New York City Mayor Michael Bloomberg, “none were more seriously hurt.”
Source:

AP

November 17, 2005 Peter Drucker died.
Source:

The Economist

November 11, 2005In China the death sentence of entrepreneur Yuan Baojing was suspended after Yuan’s wife transferred $6.12 billion in shares to the government.
Source:

News.telegraph

October 24, 2005It was reported that in 2003 Senator Bill Frist was told (in writing) that a significant amount of HCA, Inc., stock had been added to his blind trust; two weeks later he said he did not believe that he owned any stock in HCA. "I have no control," said Frist. "He could have been more exact," explained Frist's spokesman.
Source:

The Washington Post

October 20, 2005 Babies were up for auction on eBay's Chinese subsidiary, Eachnet. Boys were going for $3,450, while girls cost $1,603.
Source:

BBC News

September 16, 2005 Pakistani President Pervez Musharraf was under criticism for saying that rape victimhood was "a money-making concern"; "A lot of people," he explained, "say if you want to go abroad and get a visa for Canada or citizenship and be a millionaire, get yourself raped."
Source:

BBC News

September 15, 2005 Delta and Northwest both filed for bankruptcy.
Source:

Forbes

September 12, 2005 Chuck E. Cheese restaurants were showing Defense Department footage. "We support what our troops are doing over there," said a Chuck E. Cheese representative. "Helping kids."
Source:

New York

September 11, 2005 Yahoo! admitted that it had helped China track down a journalist, Shi Tao, who had anonymously redistributed a message from the Chinese government suggesting journalists be careful about what they write. Shi is serving a 10-year sentence for revealing "state secrets."
Source:

The Washington Post

August 30, 2005Federal prosecutors accused eight officials from KPMG and a lawyer of conspiracy for helping wealthy people evade at least $2.5 billion in taxes, and a man named Glenn Allen Powell pleaded guilty to taking as much as $1.25 million in kickbacks in Iraq while working for Halliburton subsidiary Kellogg Brown & Root.
Source 1:

The Washington Post

Source 2:

The Washington Post

August 6, 2005The Presbyterian Church USA announced that it would ask Caterpillar, Motorola, ITT Industries, and United Technologies to stop providing Israel with the materials it uses to enforce the occupation of Palestine.
Source:

Kentucky.com

July 18, 2005Investigations into the expenses of former Tyco executive Dennis Kozlowski revealed that Kozlowski had once held an extravagant bachelor party for his son-in-law. “It wasn't like a three-ring circus,” said the son-in-law's father. “It was a nice party. There was only one dwarf.”
Source:

New York Daily News

July 13, 2005The NHL and Player's Association came to an agreement and announced that hockey could start up again.
Source:

CBC

June 29, 2005 China Export & Credit Insurance Corporation was planning to buy Huffy Bikes.
Source:

BBC News

June 27, 2005A trader for Taiwan's Fubon Securities accidentally purchased $223 million worth of the wrong stocks.
Source:

Bloomberg

June 25, 2005The NAACP named former Verizon executive Bruce S. Gordon as president.
Source:

The Guardian

June 17, 2005Dennis Kozlowski and Mark Swartz, former executives at Tyco, were found guilty on thirty counts of grand larceny, conspiracy, falsifying business records, and securities fraud.
Source:

Houston Chronicle

June 15, 2005Philip Cooney, the chief of staff at the White House Council on Environmental Quality, who achieved notoriety when he revised government reports on global warming to cover up the link between greenhouse gas emissions and rising temperatures, quit his job to become a lobbyist for ExxonMobil. “Perhaps he won't even notice he has changed jobs,” said the director of the Natural Resources Defense Council.
Source:

Washington Post

June 7, 2005Recently released emails showed that Air Force officials knew all along that a contract for leased refueling tankers was actually a bailout for Boeing. "We all know," wrote an official in the Pentagon comptroller's office, "that this is a bailout for Boeing."
Source:

Washington Post

June 6, 2005The American Family Association called on its members to boycott Ford, saying that the auto-maker promotes the homosexual lifestyle. They suspended the boycott a few days later.
Source:

Detroit Free Press

May 31, 2005The CIA was running its own fleet of twenty-six airplanes, owned by seven shell companies.
Source:

The New York Times

May 19, 2005 Donald Trump called on New York City to rebuild the Twin Towers, only taller, and described the city's planned “Freedom Tower” as “the worst pile of crap architecture I have ever seen in my life.”
Source:

CNN.com

May 8, 2005Ave Maria University, a Catholic college founded by the retired CEO of Domino's Pizza, graduated its first class and gave an honorary degree to L. Paul Bremer, who told the assembled graduates that Muslim extremists were against the separation of church and state.
Source:

Netscape News

May 6, 2005 IBM announced that it would fire up to 13,000 employees in Europe and the United States.
Source:

Ployer.com

April 10, 2005A study found that store clerks are more respectful to slender shoppers than to obese ones.
Source:

AP

April 4, 2005 Cambodia privatized the Killing Fields at Cheoung Ek; a Japanese firm will plant flowers near the tower of eight thousand skulls and will raise admission rates.
Source:

Reuters

March 28, 2005Terri Schiavo's parents authorized a direct-marketing firm to sell a list of those who contributed to Terri's cause.
Source:

The New York Times

March 23, 2005A California woman, eating chili at a Wendy's restaurant, bit into a human finger. The finger had a manicured nail.
Source:

Stuff.co.nz

March 15, 2005Bernard Ebbers, the former chief executive of WorldCom, was convicted of securities fraud, conspiracy, and seven counts of filing false reports.
Source:

New York Times

March 11, 2005A New York judge dismissed a lawsuit brought against Monsanto, Dow Chemical, and several other chemical companies on behalf of 4 million Vietnamese who were poisoned by the 80 million liters of Agent Orange sprayed during the Vietnam War. The judge said that there was no clear link between Agent Orange and the illnesses of the Vietnamese plaintiffs, even though the U.S. government currently pays compensation to ten thousand U.S. veterans of the Vietnam War impaired by Agent Orange.
Source:

VOA

March 11, 2005A Georgia man was arrested for setting up a methamphetamine lab in a Kmart bathroom.
Source:

News4Jax.com

March 7, 2005 Sony made a Welshman its chairman.
Source:

New York Times

February 25, 2005A Swiss court lifted the ban on using “Bin Ladin” as a brand name. The name is registered to Osama bin Laden's half-brother.
Source:

CANOE

February 24, 2005 Tom Ridge joined the board of Home Depot.
Source:

MarketWatch

February 14, 2005 Verizon agreed to buy MCI.
Source:

The New York Times

February 13, 2005A Swedish woman found a “medium-sized” penis in a bottle of ketchup. “I will never buy this brand again,” she said.
Source:

Mail and Guardian Online

February 13, 2005At the Best Buy in the Hudson Valley Mall in Kingston, New York, a man ran amok with an AK-47, injuring an Army recruiter.
Source:

ABC News

February 13, 2005 General Motors was spending more for health care than for steel.
Source:

Kalamazoo Gazette

February 10, 2005The Commerce Department announced that the U.S. had a $672 billion trade deficit in 2004.
Source:

BBC News

February 9, 2005Hewlett-Packard fired CEO Carly Fiorina.
Source:

The New York Times

January 26, 2005Human Rights Watch declared meatpacking to be "the most dangerous factory job in America,"
Source:

The New York Times

January 17, 2005The White House was preparing for the president's inauguration, and it was revealed that Laura Bush's inaugural gown is an ice-blue and silver embroidered tulle V-neck dress with matching satin coat, by de la Renta; Jenna and Barbara Bush are being dressed by Lela Rose, de la Renta, Derek Lam, and Badgley Mischka. President Bush will wear a business suit.
Source:

The Ledger

January 11, 2005The parents of a baby born on January 6, and officially named the 1.3 billionth citizen of China, turned down sponsorship deals from diaper makers. “Zhang Yichi is too young, and too many commercial activities will have negative impact on the boy's healthy growth,” said Zhang Tong, the boy's father.
Source:

China Daily

January 6, 2005 Airlines cut prices
Source:

USA Today

January 4, 2005 Sales of Ford automobiles were down.
Source:

MSNBC

January 4, 2005Online jewelry sales were up.
Source:

Jeweler's Circular Keystone

November 17, 2004Kmart and Sears merged.
Source:

CNN

October 25, 2004The chief contracting officer for the Army Corps of Engineers called for an investigation of how Halliburton was awarded large government contracts for work in Iraq.
Source:

New York Times

October 13, 2004The Justice Department opened an investigation into the Chiron Corporation, which was supposed to provide about half the American flu vaccine supply until the British government shut down the operation because of problems with bacterial contamination.
Source:

New York Times

October 7, 2004Public health experts have long warned that it is insane for the United States to depend on two companies for the country's flu vaccine.
Source:

New York Times

October 7, 2004The World Health Organization released a study, based on an unscientific "spot-check" sampling, concluding that Indonesian villagers in Buyat Bay, Sulawesi, have not been poisoned by a gold mine, owned by the Newmont Mining Corporation, that dumped about 2,000 tons of mine tailings a day into nearby waters.
Source:

New York Times

October 1, 2004 Merck & Co. withdrew its arthritis drug Vioxx because it apparently doubles the risk of heart attack.
Source:

New Scientist

September 30, 2004 Thai health officials confirmed that avian flu has probably begun to spread from person to person. Influenza experts were begging drug companies to begin manufacturing enough vaccine to prevent a pandemic but the companies were complaining that production is too expensive and that they will lose money if a pandemic does not occur. Patent issues were also cited.
Source:

New York Times

September 22, 2004The company that makes Hostess Twinkies and Wonder Bread went bankrupt.
Source:

Reuters

September 4, 2004A Kansas City company said that its synthetic urine was proving popular with researchers.
Source:

Associated Press

September 2, 2004Three people were trampled to death at an Ikea grand opening in Saudi Arabia.
Source:

New York Times

July 25, 2004The Bush Administration has decided that consumers should not be able to sue manufacturers of drugs that have been approved by the FDA.
Source:

New York Times

July 24, 2004 Janssen Pharmaceutica Products, a unit of Johnson & Johnson, warned doctors that it had "minimized potentially fatal risks, and made misleading claims" about Risperdal, an anti-schizophrenia drug; the drug can cause stroke, diabetes, and other fatal complications, the company said, and contrary to claims on the label it is not safer than similar drugs. It was reported that some boys who were given Risperdal in Florida, where it is used as a "chemical restraint" in state facilities, developed lactating breasts.
Source:

Miami Herald

July 18, 2004Charges were dismissed against a Texas woman who holds "Tupperware-type" parties for housewives interested in buying dildos.
Source:

Associated Press

July 9, 2004The EPA announced that it will fine DuPont for failing to report significant test results relating to a chemical used in making Teflon that was found in drinking water near factories and in the fetus of a pregnant employee.
Source:

New York Times

July 7, 2004 Roman Catholic Archdiocese of Portland, Oregon, filed for bankruptcy.
Source:

Oregonian

July 3, 2004Little boys in Utah were selling lemonade for $250 a glass to offset a potential $14 million judgment against the Boy Scouts for starting a wildfire.
Source:

Associated Press

June 29, 2004In response to a note from Condoleezza Rice announcing Iraq's new status, President Bush wrote: "Let Freedom Reign!"
Source:

New York Times

June 25, 2004 Cheney said he felt much better after he told Senator Patrick Leahy, who has been critical of Halliburton's war profiteering in Iraq, to go fuck himself.
Source:

Reuters

June 3, 2004The attorney general of New York sued GlaxoSmithKline for suppressing studies that showed that its antidepressant drug Paxil might cause adolescents to have suicidal thoughts.
Source:

New York Times

May 24, 2004Scientists discovered prions in the muscle of a sheep infected with scrapie; experts were very quick to say that this does not necessarily pose any danger to humans who eat lamb, even though scrapie prions are believed to have caused mad cow disease. A prion expert at the National Institutes of Health predicted that "within the next year, somebody will make a big splash by finding it in the muscles of cattle and the beef industry will go crazy."
Source:

New York Times

May 11, 2004 Citigroup agreed to pay $2.85 billion to people who invested in WorldCom.
Source:

New York Times

May 6, 2004It was reported that CACI International, the company that employs one of the accused Abu Ghraib torturers, also sells the Bush Administration ethics training tapes.
Source:

Intelwire

May 5, 2004The Walt Disney Company refused to distribute a new Miramax documentary by Michael Moore called Fahrenheit 911, which is highly critical of President Bush.
Source:

New York Times

April 30, 2004Some of the soldiers blamed mercenaries for the abuses;
Source:

Guardian

April 29, 2004 President Bush declined to investigate China's unfair trade practices.
Source:

Cleveland Plain Dealer

April 23, 2004 Diebold Election Systems was in trouble again for using insecure software in its voting machines in California.
Source:

Associated Press

April 20, 2004The CEO of McDonald's dropped dead of a heart attack.
Source:

Reuters

April 15, 2004 Mattel and Tek Nek Toys International recalled thousands of Batman cars and trucks after dozens of children were hurt playing with them; one child died.
Source:

New York Times

April 14, 2004The Department of Health and Human Services held a hearing on the recent decision by Abbott Laboratories to quintuple the price of its essential AIDS drug Norvir, which used to cost about $1,500 a year but now costs $7,800.
Source:

New York Times

April 5, 2004The founder of Ikea, the Swedish furniture company, denied that he is now the world's richest man.
Source:

Associated Press

April 3, 2004The trial of L. Dennis Kozlowski and Mark H. Swartz, the former CEO and CFO of Tyco International, ended in a mistrial.
Source:

New York Times

March 31, 2004Four American mercenaries employed by Blackwater Security Consulting were pulled from their vehicles in Fallujah, Iraq, hacked to death, burned, and dragged through the streets; the remains of two were then hung from a bridge over the Euphrates River along with a sign that said "Fallujah is the cemetery for Americans."
Source:

BBC

March 31, 2004Attacks on occupation forces were averaging about 26 per day, and Bell Pottinger, the British PR firm, was hired to teach Iraqis about democracy.
Source:

International Herald Tribune

March 26, 2004It was found that health-care lobbyists spent $237 million lobbying Congress in 2000, more than every other industry combined; drug companies spent $96 million, quite a bit more than other medical sectors.
Source:

Case Western Reserve University

March 24, 2004The European Union fined Microsoft $613 million for abusing its "near monopoly" on personal computers.
Source:

Washington Post

March 20, 2004 Virgin Atlantic Airways decided not to install urinals shaped like a woman's open lips at a first-class lounge at New York's JFK Airport.
Source:

ABC.com.au

March 18, 2004The U.S. Army and DuPont were hoping to dispose of 1,200 tons of VX nerve gas by mixing it with sodium hydroxide and hot water and then dumping it into the Delaware River.
Source:

Philadelphia Inquirer

March 12, 2004Criminal investigations of Halliburton for its war profiteering in Iraq were ongoing; the company has acknowledged that mistakes were made.
Source:

Associated Press

March 11, 2004The House of Representatives passed the so-called cheeseburger bill, which if made law would grant immunity from lawsuits to restaurants, especially fast-food chains, that serve unhealthy food.
Source:

New York Times

March 9, 2004 UCLA apologized for selling off body parts of people who donated their bodies to science.
Source:

MSNBC

March 9, 2004The British Nutrition Foundation reported that McDonald's new Caesar salad with Chicken Premiere contains 18.4 grams of fat, whereas a cheeseburger contains only 11.5 grams.
Source:

CNN

March 7, 2004The Union of Concerned Scientists reported that more than two thirds of conventional crops have been polluted with genetically modified material. A spokeswoman for the U.S. Biotechnology Industry Association said the report was unsurprising.
Source:

Independent

March 6, 2004 Martha Stewart revealed that she was "distressed" to have been convicted for lying about an improper stock trade that saved her about $45,000. Stewart's television show was withdrawn by WCBS, and there was speculation that her company might not be able to survive its association with a convicted felon.
Source:

New York Times

March 3, 2004Swiss Re, the world's second largest reinsurance company, warned that the costs of climate change could be $150 billion a year before long, with insurers facing $30-40 billion in annual claims. "There is a danger," the company said in a report, "that human intervention will accelerate and intensify natural climate changes to such a point that it will become impossible to adapt our socio-economic system in time."
Source:

Reuters

March 3, 2004 McDonald's began phasing out its popular "Supersize" order of french fries.
Source:

Associated Press

March 3, 2004Bernard Ebbers, the former CEO of WorldCom, pleaded not guilty to carrying out the largest accounting fraud in American history.
Source:

New York Times

February 28, 2004 Pfizer Global Pharmaceuticals announced that Viagra doesn't work on women.
Source:

BBC

February 26, 2004The Senate was considering a bill to give gunmakers immunity from prosecution.
Source:

San Francisco Chronicle

February 26, 2004The chairman of the board of Smith & Wesson resigned after it was discovered that he is a convicted bank robber.
Source:

Arizona Republic

February 20, 2004Jeffrey K. Skilling, the former CEO of Enron, was indicted for fraud.
Source:

New York Times

February 16, 2004Police chiefs from around the country were trying to defeat a Senate bill that would give gunmakers and dealers immunity from lawsuits.
Source:

New York Times

February 11, 2004In Finland, a sausage heir was fined $216,000 for speeding.
Source:

Reuters

January 29, 2004A federal judge tried for the third time to impose punitive damages on the Exxon Mobil Corporation for the Exxon Valdez oil spill fifteen years ago; Exxon Mobil said it would appeal the $4.5 billion judgment.
Source:

New York Times

January 28, 2004Amazon.com posted its first annual profit.
Source:

Wired News

January 22, 2004The worker at Vern's Moses Lake Meats who killed the Washington State mad cow insisted that the cow was not a downer. "I can't stand a government cover-up," said Dave Louthan. "Since we only had a few walkers on this trailer full of downers, we just killed her along with them. We took a brain sample from her head because the USDA gives up $10 per sample. If we would have unloaded her in the pens, we would have never caught the BSE. How many other walkers have BSE? We will never know."
Source:

Columbia Basin Herald

January 19, 2004 Spanish bordello owners were protesting a court ruling that the owner of an "alternative club" in Seville must pay social-security tax on the prostitutes who work there. The owners, who claim that the women are technically freelance marketing consultants, said that paying such taxes would turn them into pimps.
Source:

New York Times

January 11, 2004 Lockheed Martin and Boeing were said to be enthusiastic about the President's Mars plan.
Source:

New York Times

January 7, 2004The International Monetary Fund published a report warning that the United States' budget and trade deficits threaten to destabilize the entire global economy; Bush Administration officials dismissed the report and said that lots of countries run huge budget deficits.
Source:

New York Times

January 7, 2004The head of the Army Corps of Engineers waived federal contracting requirements for Halliburton's operations in Iraq that would have required the company to submit cost and pricing information on its gasoline imports even though Halliburton was recently accused of overcharging the government $61 million for gasoline.
Source:

New York Times

January 3, 2004State officials in California said they were unable to reveal the ultimate destinations of a large quantity of tainted soup bones, tenderloins, and other cuts of meat included in the voluntary mad-cow recall, because doing so would violate the beef industry's proprietary interests. Consumers were told simply to ask their grocers if their meat was infected. "I do think that the USDA has erred in its judgment," said a health officer in Alameda County. "It has sacrificed the public's health in favor of the beef industry."
Source:

San Francisco Chronicle

January 2, 2004A French magistrate was thinking about indicting the vice president in a bribery case involving a gas liquefication factory built by Halliburton in Nigeria.
Source:

Nation

December 31, 2003In response to the mad-cow crisis, the United States Department of Agriculture banned the human consumption of cow brains, skulls, spinal cords, vertebral columns, eyes, and nerve tissue from cows older than 30 months. Downer cows may no longer be eaten by humans, though they will be boiled down and fed to chickens and pigs, and younger cow brains may still be eaten.
Source:

Forbes, New York Times

December 31, 2003The American Meat Institute criticized the new rules.
Source:

New York Times

December 28, 2003Parmalat, the Italian dairy company, went bankrupt and its founder, Calisto Tanzi, was arrested on suspicion of fraud.
Source:

Telegraph

December 24, 2003 Mad cow disease was discovered in the United States for the first time, in a Holstein cow that was too sick to walk but was nonetheless slaughtered and sold for meat. The mad Holstein's brain and spinal column were sent to a rendering plant somewhere, possibly to be turned into dog or chicken food; there was no word on whether the cow's blood was processed to be fed to young calves as a milk supplement. Secretary of Agriculture Ann Venemen, a former lobbyist for the beef industry, insisted that even meat from a mad cow is safe to eat, and she promised to feed beef to her family for Christmas.
Source:

Guardian, New York Times

December 16, 2003The Bush Administration announced that it plans to let companies buy and sell the right to release mercury pollution into the environment, a policy considered and rejected by the EPA in 2000 as inconsistent with the Clean Air Act.
Source:

New York Times

December 16, 2003An American gun manufacturer was promoting a new pistol that can shoot around corners.
Source:

New Scientist

December 15, 2003Several officials in Las Vegas were in trouble for accepting bribes from a strip-club operator. "There's a tendency on the part of people to think politicians are inherently corrupt," said the mayor. "That's unfair, but it's a fact."
Source:

New York Times

December 10, 2003 David Lynch let it be known that he is helping the Maharishi Mahesh Yogi raise $1 billion to build 100 "peace palaces" around the world. "When you do [transcendental meditation]," Lynch declared, "this level of unity can be enlivening the world consciousness and it can go into the atmosphere."
Source:

Guardian

December 8, 2003 GlaxoSmithKline's head of genetics admitted that "the vast majority of drugs — more than 90 percent — only work in 30 or 50 percent of the people."
Source:

Independent

December 8, 2003President George W. Bush signed a $400 billion Medicare bill that will provide a prescription-drug benefit to elderly Americans; the bill permits private insurance companies to compete with Medicare, which many think will destroy the program, but bans policies that would cover gaps in the drug benefit on the theory that people with good prescription coverage take too many pills and drive up medical costs.
Source:

Associated Press, New York Times

December 8, 2003Fourteen people were arrested in Brazil and South Africa for selling human organs on the black market.
Source:

New York Times

December 5, 2003 President Bush explained in a written statement that he repealed his tariffs on foreign steel, which were ruled illegal by the World Trade Organization, not because Europe and Japan planned to retaliate with damaging tariffs (carefully aimed at states Bush needs to capture in the upcoming election) but because the economic outlook for the steel industry has improved and they are no longer necessary.
Source:

New York Times

December 3, 2003Thomas Scully, the federal official who runs Medicare, was preparing to take a job in the private sector, probably with a company that will directly benefit from the new bill, which he helped draft.
Source:

New York Times

December 1, 2003Administration officials let it be known that President Bush has decided to back down and repeal his illegal tariffs on foreign steel in order to avoid a trade war with Europe and Japan.
Source:

Washington Times

December 1, 2003Boeing forced its chairman and CEO, Phil Condit, to resign just one week after his chief financial officer was fired for unethical conduct in the hiring of the Air Force's head of procurement.
Source:

Guardian

November 29, 2003 Congress approved a major Medicare bill that permits the elderly to buy prescription drug coverage; few citizens were able to understand the plan, though the health-care industry appeared to be well pleased by it. The legislation was endorsed by AARP, which nowadays makes a great deal of money selling health-care products to its members, and consumer advocates denounced it as "a classic election-year giveaway." Some experts predicted a revolt among the elderly once the plan takes effect in 2006 and the true costs of reform become clear.
Source:

New York Times

November 24, 2003American security consultants were using Iraqi guerrillas to test nonstandard "limited-penetration" ammunition that punctures steel but shatters when it hits "soft targets" and creates untreatable wounds.
Source:

Army Times

November 18, 2003Conrad Black, the right-wing Canadian press mogul and British lord, was caught receiving large "unauthorized payments" from his company and announced that he was resigning as CEO and that he will sell his company, Hollinger International, which owns the Chicago Sun-Times, the Daily Telegraph, the Jerusalem Post, and other media properties.
Source:

New York Times

November 18, 2003The big mutual-fund scandal continued to unfold.
Source:

New York Times

November 9, 2003The state attorneys general of New York, New Jersey, and Connecticut, which are downwind from many of the plants, promised to sue the polluters directly.
Source:

New York Times

November 7, 2003A racing camel sold for $286,000 in Oman.
Source:

Agence France-Presse

November 6, 2003 Yukos Oil, the Russian company whose chairman, Mikhail Khodorkovsky, was arrested last month, was being investigated for allegedly mistreating pigs and permitting rabbit "couplings [to] take place unsystematically."
Source:

Reuters

November 6, 2003 Federal Express workers in St. Louis discovered human body parts in a leaky package.
Source:

St. Louis Today

November 1, 2003Prime Minister Mikhail Kasyanov, who is considered pro-business, said he was "deeply concerned" about the case, but experts agreed that most Russians hate the rich.
Source:

New York Times

October 31, 2003A new study from the Center for Public Integrity revealed that the 70 companies that have benefited the most from $8 billion in government contracts in Iraq and Afghanistan collectively contributed more than $500,000 to President Bush's 2000 presidential campaign.
Source:

Boston Globe, New York Times

October 31, 2003The Food and Drug Administration issued a preliminary conclusion that clones are safe to eat; it was noted that some companies plan to use clones' milk to manufacture pharmaceuticals.
Source:

New York Times

October 30, 2003Members of the House Ways and Means Committee decided to give tax relief to manufacturers of bows and arrows; makers of fishing tackle boxes were also expected to see relief, as were liquor and wine distributors and movie studios.
Source:

New York Times

October 28, 2003 Russian financial markets dropped after police arrested the country's richest man, Mikhail B. Khodorkovsky, the CEO of Yukos Oil, on charges of fraud and tax evasion.
Source:

New York Times

October 28, 2003An alligator got loose in the cargo hold of an American Airlines jet in Newark, New Jersey.
Source:

Associated Press

October 27, 2003Brewers in Colorado were offering a pint of beer in exchange for a pint of blood.
Source:

Ananova

October 21, 2003The United States was granted broad exemptions for the use of methyl bromide, a pesticide that damages the ozone layer; the chemical was supposed to be banned under the Montreal Protocol, which the U.S. signed. Strawberry and tomato farmers, as well as the owners of golf courses, will benefit.
Source:

New York Times

October 21, 2003 Sales of industrial robots were up 26 percent.
Source:

Associated Press

October 16, 2003 Commerce Secretary Donald Evans introduced the new Iraqi dinar, printed in Britain minus the face of Saddam Hussein, in a live broadcast from the Baghdad International Airport, and encouraged investors to come to Iraq. "You have to look beyond these isolated incidents that are occurring," he said.
Source:

New York Times

October 13, 2003The United States and Vietnam agreed to open direct commercial flights between the countries for the first time since the Vietnam War.
Source:

New York Times

September 30, 2003It was noticed that Joe M. Allbaugh, President Bush's former campaign manager and until recently the head of the Federal Emergency Management Agency, has set up a consulting firm to help clients exploit the occupation of Iraq. According to the company's website, "New Bridge Strategies, LLC is a unique company that was created specifically with the aim of assisting clients to evaluate and take advantage of business opportunities in the Middle East following the conclusion of the U.S.-led war in Iraq." The company describes the "opportunities" in Iraq as "unprecedented" in nature and in scope.
Source:

New Bridge Strategies

September 29, 2003It was reported that U.S. casket companies have started building extra-large coffins. "The economic opportunity exists until the country changes," said one coffin maker. "We're just reacting to the supersizing of America."
Source:

New York Times

September 26, 2003The Industrial Christian Fellowship, a Christian think tank, said that financial workers don't get enough prayer support and called on believers to pray for bankers and stockbrokers.
Source:

Reuters

September 24, 2003The Computer and Communications Industry Association released a report warning that the government's growing reliance on Microsoft operating systems and software was exposing federal computer networks to "massive, cascading failures." The author of the report was fired the next day by his employer, a consulting firm that does business with Microsoft.
Source:

CCIA, Associated Press

September 24, 2003 Red Lobster fired its chief executive after an all-you-can-eat crab promotion went horribly wrong.
Source:

Associated Press

September 23, 2003 President Bush addressed the United Nations General Assembly and devoted a surprising portion of his speech to the global sex trade, which he unambiguously condemned.
Source:

CNN

September 23, 2003The International Monetary Fund called for the destruction of Afghanistan's poppy fields, which supply a $2.5 billion opium export industry. The fund said that opium accounts for up to 50 percent of the Afghan economy.
Source:

Reuters

September 22, 2003 Iraq's governing council announced that it was opening the entire Iraqi economy, including essential services such as electricity, telecommunications, and health, to foreign investors. Taxes and trade tariffs will be cut, though oil and other natural resources will be exempt from the new policy.
Source:

Independent

September 22, 2003Richard Grasso, the chairman of the New York Stock Exchange, resigned because of a scandal over his compensation, which at $139.5 million was thought by some people to be excessive.
September 18, 2003Merrill Lynch avoided criminal charges in the Enron affair by agreeing to let the government monitor some parts of its affairs for the next 18 months; the firm promised not to engage in any more shady business deals.
Source:

New York Times

September 18, 2003AOL Time Warner dropped "AOL" from its corporate name.
Source:

Washington Post

September 17, 2003The Senate passed a resolution of disapproval condemning the Federal Communication Commission's new rules giving more freedom to media monopolies.
Source:

New York Times

September 16, 2003 Bosnia began accepting bids for 105 tanks, 20,000 machine guns, 13,000 submachine guns, 21 missiles, and 13 million pieces of artillery and ammunition that were left over from its civil war.
Source:

Reuters

September 15, 2003The World Trade Organization met in Cancun, Mexico, and much of the discussion concerned a demand by several poor countries that wealthy countries eliminate agricultural subsidies for their farmers.The talks collapsed after the United States and Europe declined to do so and delegates from several African, Caribbean, and Asian countries walked out.
Source:

New York Times

September 11, 2003Defense Secretary Donald Rumsfeld said that a new Security Council resolution would be helpful, because it would allow other countries to pretend that the Iraqi occupation was a multinational operation, which would justify sending more money. Rumsfeld said that tourism will soon be a major industry in Iraq.
Source:

New York Times

September 8, 2003and surface-to-air missiles were fired at a transport plane in Baghdad. Donald Rumsfeld, who was nearby, said that such attacks are just a cost of doing business. Rumsfeld claimed that there has been "breathtaking" progress in Afghanistan since the war ended. "I'm not being Pollyannaish," he said. "I'm telling the truth."
Source:

New York Times

September 4, 2003A federal appeals court blocked the FCC's new rules expanding the freedom of media monopolies.
Source:

New York Times

September 3, 2003Jessica Lynch, the former Army private who was captured by Iraqis and became the subject of an elaborate heroic fiction, signed a book deal and reportedly received a $1 million advance. Lynch will share the advance with her co-author Rick Bragg, a former New York Times reporter.
Source:

New York Times

September 2, 2003The Federal Energy Regulatory Commission announced a settlement with energy companies that benefited from market manipulation in the California energy crisis two years ago. The companies agreed to pay about $1 million in fines, or about 3 cents for every Californian, though the energy scam cost the state $8.9 billion, or $250 per citizen.
Source:

New York Times

August 30, 2003A women's soccer team in Germany agreed to wear jerseys advertising a brothel.
Source:

Reuters

August 20, 2003Mary Carey, the porn actress who is running for governor in California, offered to go on a date with anyone who contributes $5,000 to her campaign.
Source:

Reuters

August 15, 2003Opium production was up in Afghanistan; Donald Rumsfeld described the situation as "one whale of a tough problem."
Source:

New York Times

August 12, 2003 Penthouse magazine's parent company filed for bankruptcy protection.
Source:

Bloomberg

August 6, 2003A mob attacked a brothel in Basra and smashed cases of beer in the street.
Source:

New York Times

August 1, 2003The Defense Advanced Research Projects Agency (DARPA) quickly scuttled an idea to create a futures-trading market for terrorist attacks, after the plan was revealed by opponents in Congress. DARPA head John M. Poindexter announced his resignation, telling a friend that he planned to spend more time sailing.
Source:

New York Times

August 1, 2003A Russian man said he had Hitler's penis, and offered to sell it for $20,000.
Source:

Ananova

July 30, 2003New evidence suggested that men who wear tight neckties are at greater risk of eye disease and blindness.
Source:

New Scientist

July 30, 2003A Senate Finance Committee report revealed that the IRS had asked the SEC to investigate Enron in 1999, after it uncovered evidence that the company had bribed Guatemalan officials.
Source:

Houston Chronicle

July 23, 2003Northern Europeans were protesting Greek plans to license more brothels in time for the 2004 Olympics.
Source:

Reuters

July 21, 2003Mortuary workers in Zimbabwe were renting cadavers to motorists who wished to take advantage of the priority given to hearses in gas-station lines.
Source:

Reuters

July 17, 2003Defense contractor Lockheed Martin filed suit against antiwar demonstrators for $41,000 in security costs the company incurred preparing for a protest.
Source:

Veteransforcommonsense.org

July 16, 2003It was noted that the current job-market contraction is the worst since the Great Depression and that Bush could well become the first president since Hoover to leave office with fewer people working than when he took office.
Source:

Undernews

July 15, 2003A man in Hong Kong set fire to his life savings to protest his bank's low interest rates.
Source:

Ananova

July 15, 2003The Department of Homeland Security announced that Microsoft was chosen as its exclusive supplier of desktop and server software.
Source:

GovExec.com

July 15, 2003American teenagers were having a hard time finding summer jobs.
Source:

New York Times

July 12, 2003 German Chancellor Gerhard Schroeder cancelled his Italian vacation in retaliation for insulting remarks about German tourists made by Italy's tourism minister; regional officials asked the Italian government to declare a "state of calamity" to compensate for the anticipated loss of German tourist business.
Source:

New York Times, BBC

July 11, 2003The Food and Drug Administration was planning to make it easier for companies to make misleading health claims about their food products. "Many Americans are not getting clear information on how the foods they choose affect their health," said the FDA's commissioner about the initiative. "We need to do a better job on this urgent public-health problem."
Source:

New York Times

July 10, 2003Customs agents in Hong Kong seized 10,000 endangered turtles on their way from Malaysia to China, probably to be eaten.
Source:

Associated Press

July 8, 2003Americans were spritzing their offspring with "ChildCalm," a spray that purports to mollify unruly children.
Source:

Charlotte Observer

July 7, 2003 Kraft Foods, apparently worried about tobacco-style lawsuits from obese people, announced that it was committed to producing healthier foods.
Source:

Daily Telegraph

July 4, 2003The United States announced a $25 million bounty for Saddam Hussein and $15 million for each of his sons.
Source:

News-Leader.com

July 4, 2003 Tanzania was cracking down on the human skin trade.
Source:

BBC

July 4, 2003Dell Computer announced that it will no longer use prison labor.
Source:

New York Times

July 4, 2003Coca-Cola's bottler in Colombia was sued for financing right-wing death squads.
Source:

News.com.au

July 3, 2003 Poland's foreign minister admitted that his country sent troops to Iraq because it wanted to obtain direct access to Iraqi oil supplies.
Source:

BBC

July 2, 2003The United States suspended military aid to almost 50 countries, including Colombia, that have failed to promise they will not send American war criminals to the International Criminal Court.
Source:

Daily Telegraph

June 28, 2003Nevada was planning to levy a "live entertainment" tax on whorehouses.
Source:

New York Times

June 27, 2003"[The overturning of a Texas law against sodomy] opens the door to bigamy, adult incest, polygamy, and prostitution," said the head of the Family Research Council.
Source:

New York Times

June 26, 2003The Internal Revenue Service reported that the nation's wealthiest 400 taxpayers earned an average $174 million in 2000 (totaling 1.1 percent of all reported income); in 1992 that group averaged $46.8 million (0.5 percent of all reported income).
Source:

New York Times

June 24, 2003The Environmental Protection Agency issued its first comprehensive report on the American environment but failed to give much attention to global warming; it was reported last week that White House officials edited the passages that had originally focused on the subject.
Source:

New York Times

June 16, 2003CBS News sent an interview request to Pfc. Jessica Lynch, the American P.O.W. whose dramatic rescue in Iraq turned out to be largely simulated, that included "ideas" from CBS Entertainment, MTV, and Simon & Schuster; some news critics found the combination of news and entertainment offers "troubling."
Source:

New York Times

June 15, 2003A genetically modified fish that glows in the dark went on sale in Taiwan.
Source:

Observer

June 13, 2003A Coca-Cola employee was reportedly fired for drinking Pepsi on the job.
Source:

Reuters

June 13, 2003 ConAgra Foods Poultry recalled 129,000 pounds of chicken because it contains glass.
Source:

Associated Press

June 13, 2003Monkeypox victims were being quarantined and pet prairie dogs were banned, as was the importation of African rodents.
Source:

Associated Press

June 7, 2003The unemployment rate rose to 6.1 percent.
Source:

New York Times

June 4, 2003 Tom DeLay, the House Majority Leader, killed a Democratic attempt to extend a new tax credit to 6.5 million low-income families who were left out of President Bush's latest tax cut. "There are a lot of things that are more important than that," DeLay said. "To me, it's a little difficult to give tax relief to people that don't pay income tax."
Source:

New York Times

June 3, 2003A brothel in Nevada was offering free sex to American soldiers.
Source:

CNN

May 29, 2003President Bush signed a bill permitting a record-breaking $984 billion increase in the amount the government is allowed to borrow, raising the limit to an historic $7.4 trillion; the next day Bush signed his new tax cut, which could save Dick Cheney $100,000 a year.
Source:

New York Times

May 28, 2003 President Bush told the new owner of the Anaheim Angels that "it's pretty quick how things happen in America. You buy the team, now you're at the White House."
Source:

Los Angeles Times

January 14, 2003 President Bush revealed his new economic plan, the centerpiece of which is the repeal of most taxes on corporate dividends.
October 8, 2002The Department of Labor reported that payrolls shrank last month, and the stock market closed at 1997 levels.
June 4, 2002 Punch, the English satirical magazine, published its last issue after 161 years. “The market for sophisticated political satire,” said a representative of the publisher, Mohammed al-Fayed, whose son Dodi died in a car crash with Princess Diana, “has diminished.”
December 25, 2001Passengers subdued a large man who bit an American Airlines stewardess on a flight from Paris to Miami when she tried to stop him from igniting his shoe, which contained a makeshift bomb made from C-4 plastic explosive.
December 18, 2001 Cracker Barrel, the restaurant chain, was sued for discriminating against blacks.
December 11, 2001 Moscow police arrested seven men trying to sell more than two pounds of weapons-grade enriched uranium.
December 4, 2001Lipstick sales were up.
November 27, 2001 Al Gore decided to become vice chairman of an obscure financial services company in Los Angeles after he failed to persuade anyone on Wall Street to hire him.
November 20, 2001A grave digger in Nigeria was arrested trying to sell two fresh human heads, which he was carrying in a bag; many Nigerians believe that human genitals, tongues, eyes, and skulls are good for casting spells.
November 13, 2001 Prostitutes in China were giving student discounts.
November 6, 2001Official sources revealed that the CIA's New York counterterrorism office was destroyed in the attack on the World Trade Center.
November 6, 2001In October, 415,000 Americans lost their jobs, one quarter of which were attributed to the September 11 attacks.
October 30, 2001 New York was beginning to have trouble with rats in the ruins of the World Trade Center.
October 30, 2001The House of Representatives decided to repeal the corporate alternative minimum tax in a putative economic stimulus package. If signed into law, the repeal, which is retroactive to 1986, will this year result in $25.4 billion in tax refunds to corporations; seven large companies, including I.B.M. ($1.4 billion) and General Motors ($832 million), would receive $3.3 billion. Enron, the Houston energy company and a major Bush supporter, would get $254 million. Economists pointed out that such refunds do nothing to stimulate the economy.
October 30, 2001 Sales of puppies were up 30 percent.
October 23, 2001Three new studies found that the chicken, beef, turkey, and pork sold in American supermarkets commonly contain antibiotic-resistant strains of dangerous bacteria.
October 23, 2001 Germany gave its 400,000 prostitutes working rights, including the right to unemployment benefits, job training, health insurance, and a pension.
October 9, 2001A dozen Burger King employees were treated for first- and second-degree burns after they walked barefoot over white-hot coals at a “corporate bonding” retreat in Florida.
October 9, 2001 Prostitutes in Amsterdam were organizing a trade union.
October 2, 2001Drug smuggling was down, as was the stock market.
October 2, 2001 Financial regulators said there was no evidence that terrorists had tried to profit from the September 11 attack by betting against airline and insurance stocks.
October 2, 2001 American Airlines, which will receive about $808 million in bailout money from the federal government, announced that it will invoke an emergency clause in its contracts to avoid paying severance to the 200,000 workers it plans to lay off.
September 25, 2001 Congress approved a $15 billion bailout for the airline industry, which has already eliminated over 100,000 jobs.
September 25, 2001After four concerts of his music were cancelled, Karlheinz Stockhausen, the German avant-garde composer, apologized for describing the attack on the World Trade Center as “the greatest work of art one can imagine . . . the greatest work of art there is in the entire cosmos.”
September 25, 2001Video-game makers delayed introducing several new titles; WTC Defender, a video game in which players try to shoot down airplanes before they destroy the World Trade Center, was removed from the Internet.
September 11, 2001 Terrorists destroyed the World Trade Center in New York City and damaged the Pentagon using hijacked commercial airliners.
September 11, 2001Entrepreneurs tried to sell water to rescue workers, and confidence men worked the crowds, called up the elderly, seeking donations.
September 11, 2001Prozac's share of the antidepressant market had dropped by two thirds in the three weeks since its patent expired and generic versions appeared.
September 11, 2001After much hullabaloo, the delegates who remained at the World Conference Against Racism, Racial Discrimination, Xenophobia and Related Intolerance agreed to condemn the old European slave trade and to express concern about the “plight of the Palestinians under foreign occupation.” After two days of throwing stones at Catholic schoolgirls who were on their way to school, Protestants in Belfast decided to throw a pipe bomb.
September 4, 2001 The stock market went down.
August 14, 2001A German businessman was planning to sell toilet paper in Britain printed with images of the Queen and Margaret Thatcher.
August 14, 2001Former president Bill Clinton sold his book to Alfred A. Knopf for over $10 million.
August 14, 2001 Wal-Mart's sales were up 6 percent.
August 7, 2001The United States House of Representatives voted to ban human cloning for both reproduction and medical research; the measure also prohibits the sale of treatments derived from such procedures.
August 7, 2001 Texas began deregulating its market in electricity; prices immediately shot from $45 per megawatt hour to $1,000.
August 7, 2001A couple in New York was trying to sell naming rights to their newborn baby boy to a corporation for $500,000.
July 31, 2001Norwegians were preparing to sell millions of tons of edible whale blubber to Japan.
July 24, 2001 Trade unions and human-rights groups filed suit against Coca-Cola for allegedly hiring right-wing death squads to terrorize workers at bottling plants in Colombia.
July 24, 2001Treasury Secretary Paul O'Neil proposed reviewing whether the corporate income tax is really necessary.
July 17, 2001The United States was opposing a treaty meant to cut down on the illegal trade in small arms, saying it might infringe on Americans' right to possess guns.
July 3, 2001 Police in Aachen, Germany, were called in to quell a domestic dispute that arose after a man visited a brothel and discovered his wife working there.
June 19, 2001Procter & Gamble largely eliminated its line of foods containing Olestra, a fat substitute that failed to catch on with consumers, perhaps because of widespread concerns about “anal oil leakage.” Karl Rove, President Bush's chief adviser, was in trouble because he owned $100,000 worth of Intel stock when he met with the company's CEO, who was in town lobbying for approval of a corporate merger, which followed with celerity.
May 22, 2001London's FTSE 100 index fell sharply after a Lehman Brothers trader made a typo that resulted in a sale 100 times larger than intended.
May 15, 2001 President George W. Bush said that free trade was “a moral imperative.” A psychiatrist at Columbia University announced a new study and claimed that “highly motivated” homosexuals can go straight.
May 8, 2001An Albanian woman, formerly penniless, sold her newborn two-headed calf to an anonymous American group for $25,000.
May 1, 2001 New York's supreme court ruled that gun makers could not be held responsible for shootings with guns that were bought and sold illegally; a Brooklyn jury had previously awarded $522,000 to a teenager, who was shot in the head, on the theory that the manufacturer was guilty of “negligent marketing.”
April 24, 2001The pharmaceutical industry dropped its suit against the South African government over a law that will permit the importation of inexpensive anti-AIDS drugs; the drug companies agreed to pay the government's legal costs and admitted that the law in question does in fact abide by international trade agreements.
April 24, 2001Twenty thousand hippies stormed the site of the Summit of the Americas in Quebec, throwing rocks and bottles and tearing down a chainlink fence as they protested plans for a hemispheric free trade area.
April 24, 2001Apparently worried that his own stock was falling faster than the Dow, Federal Reserve chairman Alan Greenspan again cut interest rates and was duly rewarded with a market surge.
April 10, 2001 Italian police arrested two men for stealing the body of a dead investment banker to protest the recent drop in the stock market; the body was found under a pile of hay near Turin.
April 10, 2001 New York mayor Rudolph Giuliani announced his new decency panel, which will police the city's museums for smutty art; the panel includes Leonard Garment, the lawyer for pardoned fugitive Marc Rich, and John Howard Sanden, an artist who makes portraits of corporate chief executives.
March 27, 2001 Moscow warned the United States about its new Cold War rhetoric; the Russians were upset over remarks by Defense Secretary Donald Rumsfeld, who said that “Russia is an active proliferator” of dangerous weapons technology which “seems to be willing to sell anything to anyone for money.” The United States expelled 50 Russian diplomats, four of whom were thought to have been working with Robert Philip Hanssen, the FBI agent recently arrested for spying; Russia in turn said it would expel the 50 diplomats most precious to America.
March 20, 2001 Russia said it would again sell arms to Iran, causing some Russians to wonder whether the weapons would end up in the hands of Islamic terrorists within their own borders.
February 27, 2001Federal authorities in New York were investigating whether the pardon of four Hasidic Jews convicted of fraud was granted in exchange for votes.
February 13, 2001A drug used to cure sleeping sickness—which infects about 300,000 Africans a year, makes them go crazy, and kills them—was back in production after its former manufacturer discovered that it removes facial hair on women, thus ensuring a lucrative Western market for the drug; Doctors Without Borders had been down to its last 1,000 doses.
February 6, 2001A Mormon in Utah was renting Hollywood movies he had personally edited to exclude nudity, violence, and bad words; Jack Valenti promised to put a stop to it.
January 30, 2001The new government symbolized by George W. Bush continued to insist that it would deploy a national missile defense system despite the fact that the program, developed with equal parts fraud and wishful thinking, would upset the balance of terror with Russia—not to mention the world-historical irony that it might easily drive China to sell missile technology to the very “rogue” nations the program seeks to neutralize.
January 30, 2001A grill cook at a Whataburger restaurant in Dallas, Texas, was arrested for lacing a taquito sold to a police officer with marijuana.
January 30, 2001The United Nations said the world needed to create 500 million new jobs over the next ten years.
January 23, 2001Mount Fuji was rumbling; Japanese officials were reluctant to draw up an evacuation map of the area for fear of hurting the tourist trade.
January 16, 2001U.S. officials approved the merger of Time Warner and America Online.
January 2, 2001The League of Women Voters said that it was closing its New York office because of financial difficulties.
December 26, 2000A Hewlett-Packard employee who jumped out of a corporate plane at two thousand feet, landing in a vegetable garden, committed suicide, a coroner decided.
December 19, 2000 Switzerland banned the sale of beef on the bone because of mad-cow concerns.
December 19, 2000Terry Walker, a Michigan cook, was being held because he sold a gun several years ago that recently was used to kill a policeman; Walker failed to file a form with the government when he sold the gun and on that basis was charged with manslaughter.
November 21, 2000 Italy banned the importation of French beef.
November 21, 2000 Sales of beef in France dropped, even at McDonalds, even though France has rigid controls on the provenance of its homegrown beef cattle (each cow is given a “passport” at birth documenting its parentage and place of origin, which must be submitted to the slaughterhouse).
November 14, 2000The European Commission filed suit in Brooklyn against the Philip Morris Company and the R. J. Reynolds Tobacco Company for allegedly engaging in money laundering, wire fraud, and other illegal activities connected with “a massive ongoing smuggling scheme.”
November 7, 2000Questions emerged about the safety of Lotronex, a drug used to treat irritable bowel syndrome; in its first eight months on the market, five patients died, several had surgery on their bowels, one colon was removed entirely, and forty-nine people came down with ischemic colitis, which can kill.
November 7, 2000 French police arrested a father and son who knowingly sold mad-cow-infected beef for slaughter; over a ton of the beef was processed and sold. Much of it was eaten.
November 7, 2000Vladimir Gusinsky and Boris Berezovsky, two Russian oligarchs, were called to appear before the deputy prosecutor general of Russia for unrelated investigations into financial crimes.
October 31, 2000Gun sales in Israel were on the rise.
October 31, 2000The United States Congress increased military aid to Israel by $60 million, bringing the total up to $1.9 billion; Israel put a rush on its order for a new German submarine; according to some reports, the submarine will be equipped with nuclear weapons.
October 31, 2000 Republican partisans were running a knock-off of the famous “Daisy” commercial used by LBJ against Barry Goldwater in 1964; the ad claimed that Clinton and Gore sold the nation's security to the Red Chinese.
October 31, 2000 Russian hackers penetrated Microsoft's computer network using a well-known Trojan attack and for six weeks had access to the company's internal computer records, including the source code of some programs; the security breach was discovered only when system administrators noticed passwords being emailed to an address in St.
October 24, 2000 Farmers who planted StarLink, a type of genetically modified corn sold by Aventis CropScience, said they were not told the corn was unfit for human consumption; millions of bushels of the corn may have contaminated the nation's corn supply.
October 17, 2000The National Grain and Feed Association demanded the names of some 2,000 farmers who have planted StarLink crops; the manufacturer, Aventis Crop Science, refused to provide the names.
October 17, 2000Yakama Indians were trying to enforce a ban on the sale of alcohol; non-Indian owners of bars and grocery stores were refusing to comply; the occurrence of fetal alcohol syndrome among the Yakama is 500 percent higher than normal.
October 17, 2000 The stock market went down, then it went up.
September 26, 2000 Kraft Foods recalled taco shells that contain StarLink, a type of genetically modified corn that was approved for animal consumption but specifically disapproved for humans.
September 26, 2000The U.S. Senate voted to lift restrictions on trade with China.
September 19, 2000The Bush campaign was preoccupied with a controversy over a negative ad that was said to contain subliminal messages; Governor Bush denied that the flashing word “rats” was “subliminable.” Lawsuits were filed against the makers of Ritalin; lawyers claimed that the company was conspiring to expand the market for the stimulant, which is used to treat hyperactivity in children, beyond its legitimate use.
September 19, 2000 Christian Solidarity International, a Swiss aid group, bought 4,435 slaves in Sudan and set them free; so far the group has bought 38,000 slaves, causing some to wonder whether they were contributing to the market in human chattel.
September 12, 2000 Russian oligarch Boris Berezovsky claimed that the Kremlin told him to sell his stake in a major television station or risk going to jail.
September 5, 2000Some 7,000 Chinese bears were being farmed for bile on 247 licensed bear farms: farmers insert a tube into a live bear's gall bladder to extract the bile, which is sold as a traditional medicine.
September 5, 2000A large group of religious leaders met and exchanged business cards at the United Nations; the Dalai Lama was excluded for fear of angering China.
August 29, 2000 China was engaged in a $7 million American public relations campaign; the traveling exhibits and displays were partially paid for by corporations that do business in China.
August 29, 2000A fake press release caused the stock of Emulex, a fiber optics company, to drop from $103 to $45 in fifteen minutes; the stock recovered once the fraud was discovered.
August 29, 2000Mitsubishi Motors admitted to covering up defects in automobiles manufactured since 1977; the company has recalled over 600,000 vehicles.
August 22, 2000Hasbro, Inc., the toy manufacturer, announced a recall of 420,000 Busy Poppin' Pals due to small springs that can break loose and choke young children.
August 22, 2000The Congressional Research Service reported that the U.S. was still the world's largest arms dealer, having sold $11.8 billion in weapons in 1999.
August 22, 2000Six people tried to sell their votes on Ebay.
August 22, 2000After an outbreak of swine fever in Britain, the United States and other countries banned the importation of porcine semen and other pork products; a National Pig Association spokesman said that pig farmers were “at their wits' end.”
August 15, 2000 Saddam Hussein's decision to send assassins disguised as belly dancers to kill Iraqi exiles in London was denounced by British belly dancers, who said it would undermine their business.
August 15, 2000After an outbreak of hoof and mouth disease, America and Argentina called a halt to the beef trade.
April 0, 2000The New York Times Company decided not to close the Boston Globe.
Source:

New York Times


January 2010

THE CHURCH OF WARREN BUFFETT
Faith and Fundamentals in Omaha
By Mattathias Schwartz

SHOPPING FOR SWEAT
The Human Cost of a Two-Dollar T-Shirt
By Ken Silverstein

MY PAIN IS WORSE THAN YOUR PAIN
A story by T. C. Boyle

Also: Charles Bowden, Ralph Ellison, and Francine Prose on Robert Frank's Americans