March 24, 2011 -
By Phil Mattera, Dirt Diggers DigestAfter hearing the term "meltdown" used so often as a metaphor for the
financial crisis, it is shocking to confront the prospect of a literal
meltdown at some of Japan's nuclear reactors in the wake of the
devastating earthquake and tsunami. There is something the two
situations have in common: corporate misconduct.
The company that operates the heavily damaged reactors, Tokyo
Electric Power (TEPCO), is one of the most unethical large corporations