Bribery

More Corporate Executives Are Using Bribery In Hunt For Growth

Reuters | Posted 05.23.2012

Read More: Fraud Investigation, Corruption, Anti-Bribery, Anti-Corruption, Video, Chief Financial Officers, Reuters, U.S. Foreign and Corrupt Practices Act, Bribery, Ernst & Young, Cfos, Business News

LONDON, May 23 (Reuters) - A growing number of senior executives around the world are willing to pay bribes to win or keep business, as the hunt for...

Read Whole Story

Dan Froomkin

Dems Seek Info About Firms That Funded Anti-Bribery Law Campaign

HuffingtonPost.com | Dan Froomkin | Posted 05.22.2012

Read More: Elijah Cummings, Walmart, Video, Institute for Legal Reform, Bribery Scandal, Foreign Corrupt Practices Act, Bribery, Anti-Bribery Law, Henry Waxman, US Chamber of Commerce, Wal-Mart, Fcpa, Business News

WASHINGTON -- Two Democratic congressmen are investigating whether the U.S. Chamber of Commerce's tenacious attack on a key anti-bribery statute has l...

Read Whole Story

Corruption, Democracy, and the Search for a Better World

Valerie Berset-Price | Posted 05.08.2012

Read More: Corruption, Wal Mart, International Business, Zambia, Uruguay, Ethics, Wireless, Bribery, Technology, Fcpa, Business News
Valerie Berset-Price

Wal-Mart is making the headlines with the FCPA corruption case it faces in Mexico. But anyone who has been on the ground trying to close business in c...

Read Post

Money Well Spent: Why Corruption Continues to Pay

Chris Morgan Jones | Posted 05.04.2012

Read More: Corruption, Walmart, Doj, Mexico, Bribery, Sec, Siemens, Fcpa, Business News
Chris Morgan Jones

The victims of crimes of corruption are diffuse, invisible, and often vulnerable: every dollar paid in bribes tilts the scales further against the most unfortunate in societies where fairness frequently goes unprized.

Read Post

NYC Comptroller: Walmart Board 'Failed Its Shareholders'

Reuters | Posted 05.01.2012

Read More: Walmex, Walmart, Video, Reuters, Pensions, New York Times, Walmart Mexico Probe, Bribery, New York City, Audit Committee, Business News

May 1 (Reuters) - A group of New York City pension funds will vote their 4.7 million shares against five Wal-Mart directors following reports senio...

Read Whole Story

U.S. Businesses Face Culture Rife With Bribery In China

Reuters | Posted 04.30.2012

Read More: Video, Foreign Bribery, Reuters, Business News, China Business, Foreign Corrupt Practices Act, Walmart Bribery, Bribery, U.S. China Business, Chinese Business Culture, China Business Culture, Business News

* U.S. companies challenged by FCPA * In state-owned China, who is an "official"? * Highly regulated industries pose hig...

Read Whole Story

Walmart, the FCPA, and America's Ability to Compete

Daniel Wagner | Posted 04.29.2012

Read More: Foreign Corrupt Practices Act, Walmart Bribery, Mexico-Walmart, Walmart, Bribery, Grease Payments, Fcpa, Business News
Daniel Wagner

While the FCPA has served a useful purpose, it remains stuck in another era. In today's dynamic and ever-changing international business landscape, U.S. businesses would really benefit from a less absolutist approach to the subject.

Read Post

Former State Senator Kruger Sentenced To 7 Years For Corruption

Posted 05.07.2012

Read More: Corruption, Mill-Basin-Brooklyn, Senator Carl Kruger, Ny News, Michael Turano, New York Crime, Bribery, New York News, Judge Jed Rakoff, Carl Kruger, New York News

Former New York state senator Carl Kruger, who resigned his office in December just before pleading guilty to corruption charges, was sentenced to sev...

Read Whole Story

Is Walmart Too Big, Powerful, Influential to Obey the Law?

Richard Trumka | Posted 04.26.2012

Read More: Foreign Corrupt Practices Act, Corporate Greed, Bribery, Wal-Mart, Child Labor Laws, Mexico, Business News
Richard Trumka

This week's reports about Walmart's practices in Mexico are breathtaking. The Times found "credible evidence that bribery played a persistent and significant role in Walmart's rapid growth in Mexico."

Read Post

Practicing What You Preach: A Lesson for Walmart's Bosses

Cobus de Swardt | Posted 04.26.2012

Read More: Walmart Bribery, Walmart, Walmart Mexico, Wal-Mart Mexico, Wal-Mart, Walmart Scandal, Corruption, Leadership, Transparency International, Corporate America, Bribes, Bribery, Business News
Cobus de Swardt

Allegations that Walmart paid millions of dollars in bribes to build up its empire in Mexico should act as a warning sign to corporations everywhere. A culture of bribery in a subsidiary is unacceptable, but failing to deal with it would be even worse.

Read Post

D.M. Levine

Fired Morgan Stanley Executive Accused In China Bribery Scheme

HuffingtonPost.com | D.M. Levine | Posted 04.25.2012

Read More: Walmart, Morgan-Stanley-Bribery, Morgan Stanley, Foreign Corrupt Practices Act, Bribery, Sec, Wal-Mart, Fcpa, Business News

A former Morgan Stanley executive was charged with bribery Wednesday in a Securities and Exchange Commission civil complaint that says he steered near...

Read Whole Story

2012: A Walmart Odyssey

Ron Galloway | Posted 04.30.2012

Read More: Walmart, Bribery, Business News
Ron Galloway

Just as the noise has abated somewhat from their public relations woes of a few years back, The New York Times outs Walmart in a bribery scandal that will haunt the company for decades.

Read Post

Nike Exec Accused Of Bribery

The Huffington Post | Ron Dicker | Posted 04.25.2012

Read More: Corruption, Nike Bribery, Sports, Walmart, Video, Nike, Soccer, Chinese Super League, Business News, Walmart Bribery, Sports Business News, Bribery, Chinese, Chinese Football Association, Scandal, Business News

Just as Walmart faces accusations of bribery in Mexico, another mega-corporation is fielding its own corruption charges on foreign soil. Li Tong, ...

Read Whole Story

Marcus Baram

Walmart Took Part In Lobbying Campaign To Amend Anti-Bribery Law

HuffingtonPost.com | Marcus Baram | Posted 04.25.2012

Read More: Retail Industry Leaders Association, Walmart, Thomas D. Hyde, Michael B. Mukasey, U.S. Chamber of Commerce, Foreign Corrupt Practices Act, Wal-Mart Bribery Scandal, Bribery, Justice Department, Institute of Legal Reform, Wal-Mart, Business News

Some top Walmart executives have been active in a lobbying group that is pushing to weaken the country's main anti-bribery law, as first reported in t...

Read Whole Story

Mexico Unlikely To Investigate Walmart Bribery Allegations

Reuters | Posted 04.25.2012

Read More: Corruption, Walmart, U.S. Securities and Exchange Commission, Video, Enrique Pena Nieto, U.S. Foreign Corrupt Practices Act, Reuters, New York Times, Bribery, U.S. Department of Justice, Business News

MEXICO CITY, April 24 (Reuters) - Nearly half of Mexico's state prosecuting authorities said on Tuesday they had no immediate plans to investigate a...

Read Whole Story

Murdoch's Date With Justice

Timothy Karr | Posted 04.30.2012

Read More: News Corp, Bribery, Phone Hacking, Eric Holder Attorney General, Rupert Murdoch, Foreign Corrupt Practices Act, James Murdoch, Fox News Channel, Fbi, Media News
Timothy Karr

News Corp.'s fortunes are turning, and Rupert Murdoch must now answer for all that has happened under his watch. If he or his executives broke the law, they must be held accountable in the United States.

Read Post

John Rudolf

Former Top Halliburton Exec Heads To Prison For Bribery

HuffingtonPost.com | John Rudolf | Posted 02.24.2012

Read More: Cheney Nigeria Bribery, Kbr, Halliburton, Foreign Corrupt Practices Act, Nigeria, Brown and Root, Natural Gas, Bribery, Albert "Jack" Stanley, Nigeria Bribery, Kellogg Brown Root, Albert Stanley, Fcpa, Business News

A former top Halliburton executive will serve 2 1/2 years in prison after pleading guilty in Houston federal court to orchestrating a $180 million bri...

Read Whole Story

Corporations To Government: What Exactly Is Considered Bribing A Foreign Official?

Reuters | Posted 04.22.2012

Read More: Video, Multinational Corporations, Corporations Bribery, Corporations, Reuters, Bribing Foreign Officials, Business News, Bribery, Bribery Scandals, Bribery Rules, Business News

* Government has stepped up its enforcement of FCPA * Corporations say fear over liability has impacted M&A * Seek g...

Read Whole Story

Former Israeli Prime Minister Indicted For Corruption

AP | By AMY TEIBEL | Posted 03.05.2012

Read More: Bribery, Olmert Corruption Charges, Ehud Olmert, Israeli Prime Minister, Video, World News

JERUSALEM -- Former Israeli Prime Minister Ehud Olmert was indicted Thursday on new corruption charges for allegedly seeking hundreds of thousands of ...

Read Whole Story

Florida Man Accused Of Trying To Bribe Police With Dolphins Tickets

Palm Beach Post | Posted 01.03.2012

Read More: Video, Weird News, Dumb Crime, Crime, Football, Miami Dolphins, Eric Topalian, Bribery, Weird Florida, Eric Scott Topalian, Crime News

A man charged with offering a law enforcement officer two tickets to today's Miami Dolphins pro football season finale to avoid arrest might be mostly...

Read Whole Story

RESIGNED

Posted 12.20.2011

Read More: Fraud, Corruption, Senator Carl Kruger, Ny News, Brooklyn, Michael Turano, Assemblyman William Boyland, Bribery, New York News, Carl Kruger, New York News

New York State Senator Carl Kruger, D-Brooklyn, has resigned from the Senate (see letter below), as he is expected to plead guilty to federal corrupti...

Read Whole Story

Stopping the Next Blagojevich

Bob Edgar | Posted 02.06.2012

Read More: Senate, Bribery, Money in Politics, Citizens United, Rod Blagojevich, Barack Obama, Politics News
Bob Edgar

Illinoisians can't fix Springfield, and Americans can't fix Washington, until we make it possible for decent, dedicated people to win elections without relying on big money.

Read Post

Drugmaker To Pay Huge Sum To Settle Bribery Probe: Report

AP | By The Associated Press | Posted 11.21.2011

Read More: Big Pharma, Pharmaceutical Companies, Pharmaceutical Industry, Video, Pfizer Settlement, Pfizer, Business News, Pfizer Bribery, Bribery, Business News

-- Pfizer Inc. will pay at least $60 million to settle allegations by the U.S. government that the drugmaker paid bribes to win overseas business, ac...

Read Whole Story

A New Charter and a New Opportunity

Vincent M Keenan | Posted 01.17.2012

Read More: Dave Bing, City Charter, Detroit Mayor Kwame Kilpatrick, Detroit Mayor Bing, Bribery, Detroit Charter, Detroit Scandals, Detroit Politics, Detroit News
Vincent M Keenan

We've been told we're on the edge so many times that it feels like Detroit is as much on the edge of existence as on the straits of the Detroit River. Yet, if there is one common thread that ties Detroiters together it is resolve.

Read Post

Teacher Sold Grades To Pay Off Personal Debt

The Huffington Post | Laura Hibbard | Posted 11.17.2011

Read More: Selling Grades, Video, Teacher Bribery, Teacher Sells Grades, Bribery, Teachers, School Tests, School, High School High School Teachers, Grades, School Grades, Education News

Usually, if you want to get a good grade in school, you study harder. According to a report by NBC's WBBH, students in Jeff Spires' math class at Char...

Read Whole Story