Bigger than Bernie: The Cult of Amway returns to the U.S.
Bill Berkowitz printable version print page     Bookmark and Share
Wed Feb 11, 2009 at 04:57:25 PM EST
The company whose founders helped finance the modern conservative movement is returning home to celebrate its fiftieth anniversary  

While the alleged Ponzi scheme of New York investment manager Bernie Madoff has claimed significant parts of the fortunes of celebrities, B-list millionaires, charities and foundations, another outfit has left a trail of a slightly different sort over the years: the broken dreams of middle-class wannabe entrepreneurs left only with garages full of products, motivational tapes and get-rich-quick books doing little but gathering dust.

If you watched any television at during the holiday season, you might have wondered why there seemed to be so many commercials for a company called Amway Global. Were these ads for the same company that has over the years been widely accused of running a pyramid scheme, had paid nearly $20 million in fines in a Canadian criminal fraud case twenty-five years ago, and whose image with the public in recent years soured faster than a carton of cottage cheese left standing in the sun?

Despite these controversies, and after virtually dropping out of sight in the US around the turn of the last century, Amway--currently known as "Amway Global"--appears to be heading back home. Can the company, which celebrates its fiftieth anniversary this year, stage a successful comeback in the US, or are they throwing a very desperate Hail Mary?

READ the complete story at Religion Dispatches: http://www.religiondispatches.org/archive/mediaculture/1043/worse _than_madoff%3A_amway_launches_domestic_revival/?page=entire

 




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by Autumn on Tue Oct 05, 2010 at 09:13:16 PM EST


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