Money & Politics

Fannie Mae

apocalypticbeef — Fri, 11 Jul 2008 18:58:30 -0400

Company Snapshot:

The Federal National Mortgage Association (AKA Fannie Mae) is a public company operating under federal charter and is the US's primary source for mortgage funding, financing one of every five home loans. Fannie Mae buys mortgages from lenders and resells them, transferring risk from lenders and allowing them to offer mortgages to those who may not otherwise qualify. The company was hit hard by the subprime mortgage crisis of 2007 and had to be rescued by the Federal Reserve.

Archer Daniels Midland

Ian Elwood — Tue, 17 Jun 2008 14:43:09 -0400

Company Snapshot:

Decatur, Illinois-based Archer Daniels Midland (ADM) is one of the world's largest agricultural conglomerates, with its share of controversy around environmental and other issues. Operating 270+ facilities world-wide, ADM is in the business of agricultural processing, storage and transportation. It is also rapidly moving into biofuel production, particularly ethanol and biodiesel -- a development that led Corporate Accountability International to induct ADM into its 2008 Corporate Hall of Shame.

Comcast

crocodyl — Thu, 24 Apr 2008 18:54:47 -0400

Company Snapshot:

Comcast is the largest cable provider and the second largest internet service provider in the United States. It has had a reputation for abysmal customer service and is being investigated by the FCC for blocking customer's access to internet content.

Orascom Group of Companies

minhaaj — Sat, 05 Apr 2008 03:48:37 -0400

Company Snapshot:

Orascom is an Egyptian business group. It holds a portfolio of business activities ranging from contracting to railways and navigation services to manufacturing, and also maintains significant holdings in telecommunications, information technology, and networking. It has recently acquired a contract to establish telecommunication service in post-war iraq. Inspite of other famous and more influential competitors orascom got this project which in itself is evidence of political rigging.

American Express

Ian Elwood — Fri, 21 Dec 2007 00:46:58 -0500

Company Snapshot:

American Express (NYSE: AXP), sometimes known as "AmEx" or "Amex", is a diversified global financial services company, headquartered in New York City. The company is best known for its credit card, charge card and traveler's cheque businesses.

Telefonica

Bodhi Harnish — Thu, 20 Dec 2007 13:19:31 -0500

Company Snapshot:

Telefónica, S.A. is one of the largest telecommunications companies worldwide. Based in Spain Telefónica owns and operates neumerious fixed-line and mobile communications companies around the globe; of the five major telecommunications companies worldwide Telefónica is second in terms of clients and in 2007 ranked fourth behind China Mobile, AT&T, and Vodafone in market value.

General Motors

Ian Elwood — Mon, 29 Oct 2007 18:47:28 -0400

Company Snapshot:

General Motors, headquartered in Detroit, Michigan, is the leading car and truck maker under brands such as Buick, Cadillac, Chevrolet, GMC, Pontiac, Saab, and Saturn. In addition, the company produces communications and commercial transportation products. The company has 335,000 employees and reported $192.6 billion in revenues in 2005.