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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

The Briefing Book

The President Elect and his transition team aren’t spending hours each day pondering the Foreign Corrupt Practices Act. But there is one FCPA matter that should be on their radar — the investigation of BAE Systems.… Continue Reading

Bulgaria Hits Bottom

Corruption is strangling its economy and robbing people of hope for prosperity and freer lives. As foreigners pull the plug on investments there and its stock market falls — for 20 consecutive trading sessions now, down 82% overall — Bulgaria continues to be under the world’s anti-corruption spotlight.… Continue Reading

Rocket Scientist Pleads Guilty

A Virginia-based scientist who sold controlled space-launch technology to China by bribing government officials there has pleaded guilty to violating the Foreign Corrupt Practices Act. Shu Quan-Sheng (left), 68, a native of China, naturalized U.S.… Continue Reading

The Paradox Of Corruption

The man on the left is David Hess, an Assistant Professor of Business Law & Business Ethics at the University of Michigan’s Ross School of Business. He’s on the blog today because he thinks and writes a lot about how to control corruption in international business.… Continue Reading

Congressman’s FCPA Trial Draws Near

Rep. William J. Jefferson (D-La.) moved closer this week to becoming the first member of the United States House of Representatives to be tried for violating the Foreign Corrupt Practices Act.… Continue Reading

Outing Secret Account Holders

In July this year, we posted about the U.S. Senate’s investigation into how Swiss bank UBS AG hid around $18 billion for 19,000 Americans that went unreported to the IRS. We mentioned that the Senate’s 115-page report cited a memo from LGT Bank, run by the royal family of Liechtenstein, describing the use of secret offshore accounts for bribery in the U.S.… Continue Reading

The FCPA Goes To Court

For such a high-profile federal law, the Foreign Corrupt Practices Act doesn’t make it to court much. In fact, most years go by without a single trial involving the FCPA. That’s because typical defendants would rather cut a deal with prosecutors instead of risking a guilty verdict that might carry a five-year jail term.… Continue Reading

Fearing Third Parties

U.S. executives know that most Foreign Corrupt Practices Act compliance risks come from third parties — overseas acquisition targets, joint venture partners, agents and others. Despite that knowledge, about three quarters of them think their company’s due diligence of intermediaries isn’t working.… Continue Reading

Siemens Announces €1 Billion Reserve

Siemens AG said yesterday that it has reserved €1 billion in fiscal 2008 “in connection with the settlement being sought by the company and with authorities in Germany and the United States.”… Continue Reading

Bribery’s Other Victims

The comments were polite but pointed. This blog, the reader said, showers attention on bribe payers but ignores bribe takers. That’s not fair. Those taking kickbacks are at least as culpable as those paying them.… Continue Reading

And The Winner Is . . .

. . . the constitution of the United States.

Once again, We The People have peacefully transferred the power to lead our country. That event, each time it happens, is nothing short of a miracle.… Continue Reading