Topic: U.S. cracks down on corporate bribes
Sojourning_Soul's photo
Tue 05/26/09 05:33 AM

NEW YORK (Reuters) – The U.S. Justice Department is increasing its prosecutions of alleged acts of foreign bribery by U.S. corporations, forcing them to take costly steps to defend against scrutiny, The Wall Street Journal reported on Monday.

At least 120 companies are under investigation, the paper cited Mark Mendelsohn, a deputy chief in the Justice Department division overseeing the prosecutions, as saying. That is up from 100 at the end of last year.

The effort began in the wake of a series of business scandals earlier this decade, including the collapse of Enron, that stirred up a corporate-reform movement, the paper said.

Today, companies across the United States are working to determine if they are at risk, the paper said In some instances, companies have called the Justice Department to come clean, in hopes of obtaining leniency, it added.


SirQuixote's photo
Tue 05/26/09 07:38 AM
I guess the Justice Department is pissed that US corporations are bribing foreign officials instead of US officials, They determined that all bribary should start at home. It's the patriotic duty of these corporations. If they keep going foreign, we will have to have a corrupt US official bailout.

nogames39's photo
Tue 05/26/09 11:39 AM

I guess the Justice Department is pissed that US corporations are bribing foreign officials instead of US officials, They determined that all bribary should start at home. It's the patriotic duty of these corporations. If they keep going foreign, we will have to have a corrupt US official bailout.


You're speaking my mind, sir.

Sojourning_Soul's photo
Tue 05/26/09 11:44 AM

I guess the Justice Department is pissed that US corporations are bribing foreign officials instead of US officials, They determined that all bribary should start at home. It's the patriotic duty of these corporations. If they keep going foreign, we will have to have a corrupt US official bailout.


No truer words were ever spoken ohwell frustrated