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Foreign Corrupt Practices Act

Lufthansa Unit Caught Up In Bribery Scandal

Reuters | Posted 04.06.2013 | Business

* Lufthansa unit BizJet provides aircraft maintenance * Four insiders allegedly offered bribes to get contracts * Two de...

Eleazar David Melendez

Sheldon Adelson's EuroVegas Faces Fresh Criticism After 'Likely' Lawbreaking Admission

HuffingtonPost.com | Eleazar David Melendez | Posted 03.06.2013 | Business

NEW YORK -- Las Vegas Sands Corp., the global gambling empire headed by Republican benefactor Sheldon Adelson, recently acknowledged to American regul...

Sheldon Adelson's Company Admits To 'Likely' Corruption

Reuters | Posted 05.02.2013 | Business

March 2 (Reuters) - Las Vegas Sands Corp said it "likely" violated the federal Foreign Corrupt Practices Act, which outlaws the bribery of foreign o...

Peter H. Stone

Sheldon Adelson Spent Far More On Campaign Than Previously Known

HuffingtonPost.com | Peter H. Stone | Posted 12.03.2012 | Politics

WASHINGTON -- Casino magnate Sheldon Adelson vowed to spend as much as $100 million to defeat President Barack Obama and help the GOP take control of ...

Dan Froomkin

Justice, SEC Stand Firm On Foreign Anti-Bribery Laws In Face Of Opposition

HuffingtonPost.com | Dan Froomkin | Posted 11.14.2012 | Politics

WASHINGTON -- Federal prosecutors and financial regulators on Wednesday reasserted their intention to enforce the law that bans the bribery of foreign...

Wal-Mart Discloses "Nada" in Mexigate Bribery Case

Al Norman | Posted 10.17.2012 | Business
Al Norman

Wal-Mart now has until August 28 to become transparent. For a company that says it has no gray areas, Wal-Mart remains a remarkably opaque company. Only a business with something to hide would stone-Wal Congress this way.

Ex-Bank Executive Gets Prison Time In Bribery Case

Reuters | Posted 10.16.2012 | Business

By Jessica Dye NEW YORK, Aug 16 (Reuters) - A former Morgan Stanley real estate dealmaker was sentenced to nine month...

Alice Hines

Walmart Not Handing Over Docs To Congressmen Despite Repeated Pleas

HuffingtonPost.com | Alice Hines | Posted 08.15.2012 | Business

After sending three angry letters to Walmart, two congressional committees are now threatening to use the most dangerous weapon they have in their ars...

Drug Giant To Pay Big To Settle Foreign Bribery Allegations

Reuters | Posted 10.07.2012 | Business

* Settlement relates to payments in eight countries * Pfizer to pay $26.3 million to SEC * Affected countries include Ru...

Scandal-Ridden Company May Have Bribed Foreign Doctors

Reuters | Posted 09.30.2012 | Business

* Olympus stock falls 6.8 percent to 1,380 yen * Company told U.S. officials in October of Brazil payments * Terumo's 6....

Paul Blumenthal

Super PAC Donors Face Corporate Bribery Claims

HuffingtonPost.com | Paul Blumenthal | Posted 06.18.2012 | Politics

WASHINGTON -- A federal law to prevent U.S. companies from paying bribes to business overseas recently came to the forefront when The New York Times r...

Dan Froomkin

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

HuffingtonPost.com | Dan Froomkin | Posted 05.22.2012 | Business

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

Coty Withdraws $10.7 Billion Offer To Buy Avon

Reuters | Posted 07.14.2012 | Business

* Coty says Avon took too long * Bid had backing from Warren Buffett's Berkshire Hathaway * Avon shares had been hammere...

Senator Asks Leveson If News Corp. Violated US Law

The Huffington Post | Jack Mirkinson | Posted 07.02.2012 | Media

The head of the Senate committee overseeing the media has written to the Leveson inquiry about any possible violations of U.S. law by Rupert Murdoch's...

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

Reuters | Posted 06.29.2012 | Business

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

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

Daniel Wagner | Posted 06.29.2012 | Business
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.

Ben Hallman

Loophole In Bribery Law Leads To Confusion, Abuse

HuffingtonPost.com | Ben Hallman | Posted 04.26.2012 | Business

A loophole in a U.S. anti-bribery law, the same law that Walmart's Mexico subsidiary reportedly violated again and again, actually allows companies to...

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

Richard Trumka | Posted 06.26.2012 | Business
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."

D.M. Levine

Fired Morgan Stanley Executive Accused In China Bribery Scheme

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

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

Congress Looks Into Walmart's Lobbying Against Anti-Bribery Law

The Huffington Post | Alice Hines | Posted 04.25.2012 | Business

Two congressmen investigating the Walmart bribery scandal announced on Wednesday that they will also begin probing Walmart's lobbying against the Fore...

Marcus Baram

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

HuffingtonPost.com | Marcus Baram | Posted 04.25.2012 | Business

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...

Ben Hallman

Walmart Likely To Escape Criminal Charges In Mexico Bribery: Experts

HuffingtonPost.com | Ben Hallman | Posted 04.24.2012 | Business

Despite public embarrassment and blistering headlines, Walmart will likely escape criminal charges over allegations the retailer bribed officials in M...

Murdoch's Date With Justice

Timothy Karr | Posted 04.30.2012 | Media
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.

John Rudolf

Former Top Halliburton Exec Heads To Prison For Bribery

HuffingtonPost.com | John Rudolf | Posted 02.24.2012 | Business

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...

News Corp. Civil War Shows No Signs Of Ending

The Huffington Post | Jack Mirkinson | Posted 04.15.2012 | Media

The battles within Rupert Murdoch's newspaper empire are only getting worse. The Times, one of Murdoch's own papers, revealed Tuesday that News Cor...