Harry Cassin
Publisher and Editor
Andy Spalding
Senior Editor
Jessica Tillipman
Senior Editor
Bill Steinman
Senior Editor
Richard L. Cassin
Editor at Large
Elizabeth K. Spahn
Editor Emeritus
Cody Worthington
Contributing Editor
Julie DiMauro
Contributing Editor
Thomas Fox
Contributing Editor
Marc Alain Bohn
Contributing Editor
Bill Waite
Contributing Editor
Shruti J. Shah
Contributing Editor
Russell A. Stamets
Contributing Editor
Richard Bistrong
Contributing Editor
Eric Carlson
Contributing Editor
We admire Pride International, Inc.’s approach to its Foreign Corrupt Practices Act disclosures. The company talks about the serious problems it had for years with sensitive payments, and how it’s been dealing with them.… Continue Reading
Law.com reported this week the results of a survey conducted by the Society of Corporate Compliance & Ethics (SCCE). The group asked a random sample of compliance professionals about their use of codes of conduct with third parties, such as suppliers, and received back 400 responses.… Continue Reading
With the Halliburton / KBR settlement in mind, we asked readers last week (here) to help us understand how decisions are made to charge companies or individuals under the Foreign Corrupt Practices Act with violations of the antibribery provisions — criminally or civilly.… Continue Reading
The Justice Department obtained a federal court order ten days ago against Viktor Kozeny, barring him from touching any of the proceeds from the 2001 sale of his Aspen, Colorado residence (left), amounting now to about $23 million.… Continue Reading
Since hearing about Allen Stanford’s cozy relationships with certain Caribbean leaders, we’ve wondered if he’ll eventually face criminal charges under the Foreign Corrupt Practices Act. Neither bribery nor the FCPA have been mentioned yet in connection with Stanford.… Continue Reading
Former Congressman William J. Jefferson says the cash found in his freezer four years ago proves he didn’t violate the Foreign Corrupt Practices Act. Yesterday Jefferson filed a petition for certiorari to the Supreme Court, asking for review of the Fourth Circuit’s refusal to dismiss most of the corruption-related charges against him.… Continue Reading
There are things we know we don’t know, said the former boss at the Pentagon. But then again, he added, there are things we don’t know we don’t know. That distinction came to mind as we read the latest email from a correspondent who always holds us to a high standard.… Continue Reading
Public corruption doesn’t happen in public. It needs dark places to flourish. That’s why the press can play a decisive role in fighting sleaze–just by shining light on it. So the announcement this week by the Chicago Tribune that it’s going all out to fight graft is welcome news.… Continue Reading
Senator Arlen Specter, the ranking Republican member of the Senate Judiciary Committee, has introduced a bill “to provide appropriate protection to attorney-client privileged communications and attorney work product.” S.445 is co-sponsored by Senators Carper (D-DE), Cochran (R-MS), Kerry (D-MA), Landrieu (D-LA) and McCaskill (D-MO).… Continue Reading
Last month we reported the conviction in a Tokyo court of three Japanes executives and their company on charges of bribing a senior Vietnamese government official. The illegal payments of $820,000 were intended to secure contracts for road projects backed by Japanese aid money.… Continue Reading
Global conglomerate ITT Corporation settled civil Foreign Corrupt Practices Act charges with the Securities and Exchange Commission on Wednesday. The SEC filed a settled civil injunctive action in the U.S. District Court for the District of Columbia against New York-based ITT.… Continue Reading
In an SEC filing this week, Morgan Stanley disclosed (here) that it’s investigating possible Foreign Corrupt Practices Act violations in China. The bank said in a short statement that “it has recently uncovered actions initiated by an employee based in China in an overseas real estate subsidiary that appear to have violated the Foreign Corrupt Practices Act.… Continue Reading
