Editors

Harry Cassin
Publisher and Editor

Andy Spalding
Senior Editor

Jessica Tillipman
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

Bill Steinman
Contributing Editor

Trouble For Siemens In South America

Scandal-plagued Siemens now faces possible charges of public corruption in Argentina. Police in Buenos Aires raided Siemens’ office there in connection with a bribery investigation. The United States, Greece, Italy, China, Hungary, Indonesia and Norway are also investigating whether Siemens broke anti-corruption laws.… Continue Reading

At Siemens, Who Knew What?

German news magazine Spiegel posted a story online on April 12, 2008 (here) alleging that Siemens’ former chairman Heinrich von Pierer and its executive board members may have been aware of “systematic corruption at the German multinational firm as far back as 2004.”

Spiegel describes previously unreleased internal memos written by Siemens’ former head of compliance, Albrecht Schäfer.… Continue Reading

Siemens Discloses More Details About Corruption Investigations

€1.3 Billion In Questionable Payments Have Been Found; Investigations Involve Multiple Divisions and Countries; Oil-For-Food Program Is Also Involved

Siemens AG’s November 8, 2007 earnings release for Fiscal Year 2007 and a separate document called “Legal Proceedings” disclosed the most comprehensive information yet about corruption prosecutions and ongoing investigations involving the German industrial conglomerate.… Continue Reading