Tuesday, August 18, 2009

Fiji Water: Spin the Bottle | Mother Jones

While Lynda Resnick has called for "very public conduct" by private companies, she seems to appreciate that, as she wrote in her book, "transparency is a lot easier to talk about than it is to realize." The closely held company won't disclose basic data about its business (such as total charity expenditures), and it's gone to some length to shelter assets in secretive tax havens: The Fijian operation, according to court documents filed last year, is owned by an entity in Luxembourg, while its American trademarks are registered to an address in the Cayman Islands.

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