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Editors

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

James Giffen And America’s Secrets

In the 1990s, according to the Justice Department, American businessman James Giffen had the title of counselor to the president of Kazakhstan. His job was to help with “priority investment projects relating to the exploration, development, production, transportation, and processing of oil and gas.”… Continue Reading

The Rule Of Brutality

Evan Osnos’ Letter from China in last week’s New Yorker included this excerpt from a piece circulating in China (in Chinese only) about the violence in Xinjiang. It’s attributed to Zhong Dajun, described as a prominent economic consultant and former editor at the China Economic Times:

This problem arises from the corruption of the government.

Continue Reading

Knowing What You Don’t Know

Prosecutors told the jury during Frederic Bourke’s trial that instead of doing adequate due diligence for his investment in Viktor Kozeny’s Azerbaijan privatization scheme, he’d “stuck his head in the sand.”… Continue Reading

Bourke Convicted

Frederic Bourke was convicted on Friday of conspiring to violate the Foreign Corrupt Practices Act and the Travel Act, and lying to FBI agents. He was acquitted of money laundering. The judge has already said she will impose less than the 10-year maximum sentence prosecutors have asked for.… Continue Reading

Spending Siemens’ Money

Last week the World Bank announced that Siemens will pay $100 million over the next 15 years to settle corruption charges involving a project in Russia. The money is supposed to go to anti-corruption groups, for compliance training and education programs, as well as helping governments recover assets stolen by crooked leaders.… Continue Reading

Those Are Fighting Words

Whoa. Did that guy just say the Foreign Corrupt Practices Act causes corruption and hurts poor people? What kind of person would talk that way? Doesn’t he know how the FCPA spreads American business ethics to the four corners of the planet?… Continue Reading

A Russian Crusader Dies

One of Russia’s leading anti-corruption journalists died last week from head wounds received two months ago in an attack outside his home. Vyacheslav Yaroshenko, 63, ran the paper Korruptsia i Prestupnost (Corruption and Crime) in Rostov-on-Don.… Continue Reading

Be The One Millionth Caller . . .

China’s new nationwide anti-corruption hotline mentioned earlier is off to a good start. Too good, in fact. During the first week more than 11,000 calls jammed the phones. The China Daily said only one in five calls connected to the hotline because its ten operators were overwhelmed.… Continue Reading

In Jefferson’s Case, What Gives?

Here’s the question: Is William Jefferson still on trial for violating the Foreign Corrupt Practices Act? His indictment included an FCPA count and the cash found in his freezer was supposed to be evidence of an antibribery offense.… Continue Reading

More Caribbean Controversy

Tiny Antigua — the adopted home of Sir Allen Stanford — isn’t the only Caribbean hide-away that’s in the news these days for the wrong reasons. There’s also its even-tinier neighbor, the Turks and Caicos Islands.… Continue Reading

Enforcement Report For Q2 ’09

During the second quarter there were, by our count, eleven Foreign Corrupt Practices Act enforcement actions. They involved four companies — three firms resolved criminal or civil charges, or both, and one disclosed an investigation — and 13 individuals who were either indicted, put on trial, pleaded guilty or sentenced.… Continue Reading