Thursday, July 30, 2015

UPDATE: It's Comcast vs AIG for 'worst co.' at Consumerist

"Ticketmaster and Comcast drew the ire of voters because they were viewed as monopolies that consumers were forced to deal with," says www.consumerist.com

UPDATE: It's Comcast vs AIG for 'worst co.' at Consumerist

0 comments

UPDATE: With 251,000 votes to date, it's now "Comcast vs. AIG" for the title "Worst Company in America" at the Consumers Union's www.consumerist.com. Comcast (cable TV) was runner-up to Countrywide (mortgages) last year, but Comcast got more bad votes than Countrywide successor Bank of America in an "upset" during last night's semi-finals, while AIG got more hits than Ticketmaster. Voting continues; Worst will be named Thursday.

YESTERDAY: "It’s the bailouts versus the monopolies!" writes Consumerist, the Consumers Union-owned, nonprofit, ad-free Web site, in the latest edition of its yearly "Worst Company in America" competition. This year's “final four” are Bank of America, Comcast, Ticketmaster and AIG. 

 "Ticketmaster and Comcast drew the ire of voters because they were viewed as monopolies that consumers were forced to deal with," said Meghann Marco, Consumerist.com, in a statement, while "AIG and Bank of America paved their way to the final four with exorbitant executive compensation packages, reckless management, and taxpayer bailouts... One of these disastrous companies will go on to join Halliburton (2006), RIAA (2007) and Countrywide (2008) as 'The Worst Company in America'.”  

The four are survivors of a field that also included accused poisoner-by-negligence Peanut Corp. of America, Comcast rival Verizon, credit card giant Capital One, and failing carmakers General Motors and Chrysler, among others. Consumerist's unscientific voting concludes May 7.

0 comments
We encourage respectful comments but reserve the right to delete anything that doesn't contribute to an engaging dialogue.
Help us moderate this thread by flagging comments that violate our guidelines.

Comment policy:

Philly.com comments are intended to be civil, friendly conversations. Please treat other participants with respect and in a way that you would want to be treated. You are responsible for what you say. And please, stay on topic. If you see an objectionable post, please report it to us using the "Report Abuse" option.

Please note that comments are monitored by Philly.com staff. We reserve the right at all times to remove any information or materials that are unlawful, threatening, abusive, libelous, defamatory, obscene, vulgar, pornographic, profane, indecent or otherwise objectionable. Personal attacks, especially on other participants, are not permitted. We reserve the right to permanently block any user who violates these terms and conditions.

Additionally comments that are long, have multiple paragraph breaks, include code, or include hyperlinks may not be posted.

Read 0 comments
 
comments powered by Disqus
About this blog

PhillyDeals posts drafts, transcripts and updates of Joseph N. DiStefano's columns and stories about Philly-area business, which he's been writing since 1989.

DiStefano studied economics, history and a little engineering at Penn and taught writing at St. Joseph's. He has written thousands of columns and articles for the Inquirer, Bloomberg and other media, wrote the book Comcasted, and raised six children with his wife, who is a saint.

Reach Joseph N. at JoeD@phillynews.com, distefano251@gmail.com, 215.854.5194 or 302.652.2004.

Reach Joseph N. at JoeD@phillynews.com or 215 854 5194.

Joseph N. DiStefano
Also on Philly.com:
letter icon Newsletter