Monday, September 17, 2007

An apple a day keeps the doctor away, and $1 million keeps the rebels away ... from our bananas

Chiquita, (formerly United Fruit) the company whose name synonymous with "banana", has been fined $25 million dollars for paying over $1 million in protection money to Colombian guerrilla groups. No strangers to paying people off, Chiquita/United Fruit has a long history of fueling corruption and conflict in Latin America.

Although $25 million is peanuts to a big company like Chiquita, its certainly more than Corporate America is used to paying for its crimes. Let's hope there isn't any reduction in the fine on appeal...

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