freddiemac

Freddie Mac received $50.7 billion in government bailout funds

How much does the public value corporate leadership? Harris Interactive’s latest corporate reputation survey, which measures how Americans view some of the world’s largest companies, suggests that a firm’s brand is even more closely tied to its leadership than many would assume.

 

The companies with the top ratings, including Warren Buffett’s Berhshire Hathaway, Google and Intel, are all known as much for their products as their first-class management. Here’s Robert Fronk, senior vice President, global practice lead and reputation management at Harris:

“In last year’s study we saw companies that provided value and a sense of comfort getting strong overall reputation ratings. This year, we see overall corporate governance, performance and leadership driving positive reputation perceptions. Finding two holding companies, Berkshire Hathaway and SC Johnson, in the top five, is a visible reflection of this difference in focus.”

The worst ranked companies in the survey, however, tell an entirely different story. And, the results suggest, the American public is still quite angry about the cost of the taxpayer-provided bailouts doled out in the last few years. For nine big bailout recipients, that cost includes a spot in this list of the 10 most disliked companies in America.

10.  Delta Airlines

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Of the 10 most hated U.S. companies in 2009, Delta Airlines is the only company that did not receive government bailout funds, according to a Harris Interactive U.S. Reputation Quotient Survey.

9. Bank of America

 

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 Bank of America received $45 billion in government bailout funds, according to ProPublica.

8. JP Morgan Chase

 

 

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  JP Morgan Chase received $25 billion in government bailout funds, according to ProPublica.

7. General Motors

 
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General Motors received $50.7 billion in government bailout funds, according to ProPublica.

6. Chrysler

 

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Chrysler received $10.75 billion in government bailout funds, according to ProPublica.

5. Goldman Sachs

 

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Goldman Sachs received $10 billion in government bailout funds, according to ProPublica.

4. Citigroup

 

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Citigroup received $45 billion in government bailout funds, according to ProPublica.

3. Fannie Mae

 

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Fannie Mae received $75.2 billion in government bailout funds, according to ProPublica.

2. American International Group (AIG)

 
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AIG received $47.5 billion in government bailout funds, according to ProPublica.

1. Freddie Mac

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Freddie Mac received $50.7 billion in government bailout funds, according to ProPublica. Additionally, Freddie Mac’s Harris Interactive Reputation Score of 38.94 is the lowest recorded score since Enron’s 30.05 in 2005.

Via Huffington Post

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