Thursday, April 26, 2012

The Corruption Law That Scares the Bejesus Out of Corporate America

Up until this past weekend, there was a very good chance that the average New York Times business page reader had never heard of the Foreign Corrupt Practices Act. It's the sort of law that the public ordinarily doesn't have much reason to think about, even as it keeps corporate lawyers and c-suite executives tossing in their sleep. But thanks to the the paper's damning investigation into Walmart's cover-up of bribery at its Mexican subsidiary, this low-key statute is suddenly getting its turn in the spotlight.

Read the full story here...

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