Blood, Sweat And Fears

Is a federal crackdown making jobs safer?

Unlike the FORTUNE 500 or Standard & Poor's 400, there is a roster of U.S. corporations to which no self-respecting chief executive aspires: the dishonor roll of companies charged by the Federal Government with failing to monitor adequately the safety of their workplaces. The list has swollen every month or so in the past year, as the Occupational Safety and Health Administration has imposed unprecedented penalties on some of the nation's biggest and best-known companies. Among them: Ford Motor and Chrysler (the No. 2 and No. 3 U.S. automakers), Caterpillar (No. 1 among makers of construction equipment), General Dynamics (No. 1...

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