At least for today – Monday, June 18. The reasons include the company’s dismal forecast for the third quarter (a “significant loss,” it told investors); the payments it was revealed to have made to Colombian terrorists; and worries about the Panama Disease fungus arriving in Latin America. The investment site specifically takes Chiquita to task for failing to diversify its banana offerings on supermarket shelves, noting that the disease-threatened Cavendish is “the only Banana that Chiquita sells.” The conclusion? “Big Trouble.”
Here’s what Chiquita needs to do: figure out how to sell more bananas than the Cavendish. Figure out a way to make transporting and growing them much more environmentally friendly. And move toward fair trade principles, which I think are more important – at the moment – than organics.
More here.
Nobel Prize winner Paul Krugman 
Al Gore wrote about this banana/fungus problem in similar detail in the early ’90s in his best selling book on environmentalism. It was no secret this would be happening.
I underlined it back then. Lot of good that did. I should have pushed him to do more than write and run for office.
I feel the same about Obama now. A man is not a movement. We need to push for every little thing we obviously need to happen. The corporations are aces at shaping the future. Ergo, we have life and death work in our hands. We have to construct a power greater than that of the greatest parasitic disease on the planet, corporate consumption.