Worst Company In America: Peanut Corporation Of America VS American Express
We're doing two a day in the first round, people. It's madness! Stretch out your quads and get ready for #16 Amex VS #17 Peanut Corporation of America.
This is a post in our Worst Company In America 2008 series. The companies nominated for this honor were chosen by you, the readers, and seeded according to number of nominations. Keep track of all the goings on at consumerist.com/tag/worst-company-in-america. Download the bracket here.
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Comments:
I don't know guys. Peanut Corp is already out of business. I think I'd prefer for this tournament to be a lesson to those that are still around. I think it would be a great opportunity for them to take the criticism constructively and focus on what they can do to change.
full disclosure: I'm kind of a hippie
@bluebuilder: HOLY COW MY REPLY WORKS!!!
*ahem* now that that's out of my system...
I agree. Death by peanuts or death by debt....hmmm...it's a tough one.
Voted for Amex here.
Peanut Corp is evil, BUT the lax policies of the FDA, our lack of funding of inspection an inability to order a prompt recall, the responsiblity is also shared with our government.
Amex, by raising interest rates and cutting credit limits is causing millions to:
Incur over limit charges & suffer serious damage to FICO scores.
This can cause a cascading effect due to reduced available credit & credit utilization than cause cause other credit card rates to skyrocket, affect ability to refinance mortgage, impact auto rates, even employment (since employers do run credit checks).
American Express' actions are going to drive people and business into bankruptcy and destroy lives. This even more egregious because of the taxpayer money Amex has received.
@Fresh-Fest-1986: Remember, PCA doesn't make eatin' peanut butter, just manufacturin' peanut butter. So your jar of Jif should be okay.
(Of course, Conagra did let salmonella into "Peter Pan" brand peanut butter two years ago, so don't get too cocky.)
Intentionally selling infected peanut butter, or cutting the credit lines for a few customers who probably were given too much credit in the first place.
Gee, tough call. Same thing with Target? Who nominated these companies? I can think of 5 worse credit card companies and 5 worse mass market retailers. Rare trip on the Failboat.
@Porntipsguzzardo_GitEmSteveDave: You can use the tags for each company to see their full Consumerist history. Successive tags will allow you to catch all of the combinations for some company names/acronyms.
I don't understand why Amex would be on here. From my personal experience with them, they have only treated me very fairly in this crisis. I have several cards with them, only one with a balance. They cut my credit limit only on the cards I don't use and never raised my interest rate, which has always been quite low. In addition, I've always had excellent customer service and some sort of great, free rewards program. Amex seems pretty solid to me.
A little different from Chase who decided to un-enroll me in their paperless billing program, not tell me about it, and then charged me a $39 late fee when I was late on my payment (because I never received a bill). They eventually refunded the $39 (after 3 months), but treated me like I was a criminal when they begrudgingly did it. They also upped my interest rate. There's no contest as to who the better company is here.
@bluebuilder: Scams? My amex card gives me money at the end of the year. It's the best credit card I have. Now I would be upset if they canceled it on me, but if they don't there is no reason to complain.
Peanut Corp is evil, BUT the lax policies of the FDA, our lack of funding of inspection an inability to order a prompt recall, the responsiblity is also shared with our government.
@SkokieGuy: If Peanut Corp were simply inept I might side with you but they knowingly sent out tainted food. That the FDA didn't stop them is, for me, beside the point. Just because someone isn't able to stop you from doing something evil doesn't mean you should go on and do it.
I can't vote for the dope pusher instead of the serial killer just because the killer had an accomplice inside the FBI.
@sponica: People mostly respond to Amex because they have the reputation of an amazing company. Their bad press comes from them acting like a normal one.
Dead people beats over-hyped credit card company any day of the week.
The tainted peanut butter is a tough contender, but I have to go with AmEx. Why?
1) PCoA is most definitely at fault for the outbreak, but they weren't the only ones. The FDA and CDC screwed up a bit to let this happen as well.
2) While PCoA made one huge mistake, AmEx makes hundreds (thousands?) of smaller, but WILLFULL transgressions every day. They know full well that they're doing is screwing you for their own benefit, and do it anyways.
So yeah, I'm playing the longshot here, but I'd like to show that it's far easier to go for the one event that hit the news rather than the myriad of things that individually barely register, but if combined it would cause a riot.
I don't have an Amex credit card. I have a charge card through them though.
Amazing customer service, I don't know why they are on here.
Same with T-Mobile. I just got a replacement Android because my accelerometer was busted, and I really wasn't supposed to get a new one. The rep was awesome. Also, I've had them offer to overnight a loner phone to me.
@edwardso: Yeah.
American Express: Cuts credit lines.
Peanut Corp: Cuts life lines.
Advantage: Peanut Corp.
@broken5hift: Agreed. Some companies seem to make the cut in this contest just because they're big. AMEX is by far the best CC company out there, in my opinion.
/unapologetic shill for the AMEX Blue Cash card
@highmodulus: It's how seeding works (and personally its the dumbest thing ever). #1 meets #last, and #2 meets #secondtolast, which given they haven't been juicing, #1 and #2 will ALMOST ALWAYS win.
@Jabberkaty: There's nothing wrong with jarred PB. There never was anything wrong with jarred PB. Especially the name brands. Its idiotic to completely swear off a food just because one company does something stupid. Read the recall notices for heavens sake.
Anyway, it cures your hiccups because of the soft palette. My mom always used to tell me to use my tongue to rub my soft palette and it would cure the hiccups.
@Oranges w/ Cheese: Hmm... Perhaps my use of the present tense wasn't clear. I'm just mad the 'effed with PB in general. I never swore it off. I still use it to cure the hiccups.
And um, way to be really mean to someone you don't know. Kudos. Ah, the anonymity of the interwebs, you bring us together to tear us apart.
@edwardso: yeah, it too bad peanut corp and AIG face eachother so early i nthe competition. that would have been a good late match-up.
I wonder too why Amex is on this list. Over many years they never played games with my APR, and their customer service was always responsive and courteous. Also, little things like a bill you can understand, and a website that is immediately navigable indicates a more than average intelligence in charge of the controls there.
I am distrustful and cynical to a depressing degree, so for me to defend a company may be taken as high praise.






















I'm thinking death peanuts will steal this one