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Among the companies that made significant moves from last year's list, Ford made the biggest jump, from No. 51 to No. 37. "CEO Alan Mulally has been out in public making long-term decisions: not taking bailout money, having a vision," says Fronk. "It's a different story going on at Ford than at some of their competitors." Other big gainers included ExxonMobil, Pepsi, Costco, the Home Depot and Southwest Airlines. Among the companies falling the fastest in the rankings were Bank of America, Verizon, Sony, Target and Time Warner (the parent company of TIME). (See which businesses...
Financial firms and automakers that took bailout money largely made up the bottom 10. In descending order, they were: Delta Airlines, Bank of America, JPMorgan Chase, General Motors, Chrysler, Goldman Sachs, Citigroup, Fannie Mae, AIG and Freddie Mac. Industry-wise, tobacco again claimed the worst reputation; last year it shared that honor with financial services, which this year held the second worst reputation. Third worst was insurance. At the top end of the industry-reputation list were technology, travel and tourism, and retail...
...Bangkok in mid-March, taking supporters in by bus, tractor, boat and pickup truck, the Bangkok-based press warned of the havoc the rural hordes might wreak. City governor Sukhumbhand Paribatra advised residents to "please stay home," lest the demos degenerate into rioting as did a red protest last year. The overall mood was one of fortress Bangkok being surrounded by alien beings. Then the unexpected happened. As tens of thousands of red-shirt vehicles wound through Bangkok streets on March 20 in a miles-long caravan, members of the city's lower and middle classes emerged to cheer...
...Thaksin win the largest electoral mandate in Thai history. Economists have critiqued the loan projects, pointing out that much of the money was spent on satisfying consumption cravings, as opposed to building businesses, thereby creating unsustainable debt loads. Long-term reality mattered less, however, than short-term perception. At last, Thailand's downtrodden felt like they mattered - until the 2006 coup ousted their chosen man. (Read the interview with Thailand's former PM Thaksin Shinawatra...
...just want a government that isn't constantly stuck in crisis mode. Abhisit has offered dialogue with the red shirts' leaders, but no amount of talking over the past four years has resulted in any political conciliation. Equally distressing for Thais, King Bhumibol Adulyadej, often considered an arbiter of last resort in Thai politics, has been hospitalized since last September. The 82-year-old monarch stepped in during key crises in Thai history, like in 1992 when soldiers gunned down dozens of democracy activists. Millions of Thais have been waiting for their beloved monarch to weigh in on the recent...