This year they made a big improvement over previous years' tournaments, as the first round is no longer mostly companies in the same field facing off against each other. For example, last year in the first round they had Bank of America vs. Capital One, and Chase vs. Wells Fargo, with the winners then facing off against each other in the 2nd round, so 3 were of them were guaranteed out before the 3rd round started. But those 4 companies were all deserving of #1 seeds, and would have made an excellent final four.
The new system is still not perfect, as they haven't adopted a complete seeding system, and there's some bad early match-ups with strong vs. strong and weak vs. weak (e.g., Sallie Mae could have easily made the final four, but was gifted with a first round match-up against Koch Industries). It's definitely a step in the right direction, though, and a good sign that things will continue to improve in the future.
Anyway, here are my brackets:
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Worst Company In America 2014