February 7, 2011 Vol. 163 No. 2 / Fortune Asia / THE 100 BEST COMPANIES TO WORK
FOR

51 "AN ACCIDENT WAITING TO HAPPEN"
A Fortune investigation into BP's Deepwater Horizon disaster reveals a saga of
hubris and ambition.
By PETER ELKIND and DAVID WHITFORD with DORIS BURKE

28 THE KING OF HOME EQUITY FRAUD
How a con artist manipulated lenders to siphon millions out of the accounts of
homeowners.
BY LUKE O'BRIEN

34 100 BEST COMPANIES TO WORK FOR: UNDERCOVER EMPLOYEE
A day on the job at three Best Companies.
By DAVID A. KAPLAN

43 THE 2011 BEST COMPANIES LIST
These highly rated companies hope to hire more than 150,000 people this year.
By MILTON MOSKOWITZ, ROBERT LEVERING, and CHRISTOPHER TKACZYK

FIRST

10 | BY THE NUMBERS
Is the Southwest all dried up?
BY ANNE VANDERMEY

12 | THE BRIEFING
The best (or worst?) perks of 2010, and more.

13 | THE CHARTIST
Fortune's top networker.
BY JESSICA SHAMBORA

14 | WORLD'S MOST ADMIRED COMPANIES
Nike, the sports juggernaut, dominates its industry.
BY SCOTT CENDROWSKI

16 | BRAINSTORM
A new American energy plan.
BY FREDERICK W. SMITH, CEO, FEDEX

TECH

17 | TECH STAR
Jack Dorsey, the creator of Twitter, has a new bold idea: make accepting a credit
card as easy as sending a tweet.
BY MICHAL LEV-RAM

INVEST

21 | INVESTOR Q&A
Richard Gao of the Matthews China Fund is betting on the consumer.
BY KATIE BENNER

23 | WEALTH ADVISER
Transfer great wealth to your heirs tax-free窶背hile you're still alive.
BY PAUL SULLIVAN

24 | ANALYST FACE-OFF
Netflix's stock has tripled in a year. Will it go higher?

INTERVIEWS BY SCOTT MEDINTZ

Opinion

25 | The government's rescue of GMAC has left its old shareholders with a
multibillion-dollar windfall.
BY ALLAN SLOAN

26 | History doesn't have to miserably repeat itself. This year, there's much
to look forward to.
BY MICHAEL ELLIOTT

27 | The commodities crunch is corporate America's dirty little secret.
Inflationary pressure is creeping in.
BY BECKY QUICK

8 | EDITOR'S DESK

72 | BING!

ON THE COVER: Photograph by Fredrik Broden.

[IMAGES]

ILLUSTRATION:ﾂCarl DeTorres

SIX PHOTOS