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Which industries are the worst with social responsibility?
Times are tough, yet many industries are still finding ways to give back while still earning a profit. In your opinion, which industries have the worst social responsibility? Which are still trying to squeeze every penny from their customers without giving back?
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Caty,
This may be unfair, but if I was to single out a particular industry right now for special recognition in poor social responsibility my vote would go to financial services.
Short sightedness led them to near ruin. The taxpayers bailed them out to prevent complete financial meltdown and they responded by harvesting each other and hoarding cash.
They pay their executives huge bonuses while the economy struggles.
When people retreated into more conservatism by using cash rather than credit cards their response was to impose fees on debit card use.
They have actually been caught falsifying documents relative to foreclosures on thousands of of people.
Whenever they are questioned their response is "we are entitled to make a profit".
I think that the airlines, insurance companies, big pharma, and some others have earned a place on the "wall of shame", but financial services wins first for me.
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