Losers
China Daily | Updated: 2012-08-14 07:57
1. G4S
The failure of the world's largest security firm to provide a promised 10,400 guards caused a political storm and wiped $1.1 billion off its market value as well as losing it up to 50 million pounds ($78.45 million) on the 284 million pound contract.
"Many would take the view that the reputation of the company is in tatters," one parliamentarian told company chief executive Nick Buckles. "I think, at the moment, I have to agree with you," he replied.
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