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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

Another Alba-Related Investigation

The Wall Street Journal reported yesterday (here) that the Justice Department is “investigating payments that Bahraini prosecutors allege were made by units of Japanese commodities-trading giant Sojitz Group to employees of an aluminum producer in Bahrain.”… Continue Reading

The Hunt For Overseas Evidence

No corporations and just a few individuals have fought Foreign Corrupt Practices Act charges in court, so only a handful of people have ever seen an FCPA defense up close. But for the first time, we have a chance to follow not one but three pending prosecutions — in U.S.v.Continue Reading

Siemens: Systematic Global Corruption

[Updated and Corrected] It was a corporation that tolerated fraud, deceit and concealment. There were slush funds used to bribe public officials. There were phony contracts and fake invoices to cover up the corruption, and there was a boardroom that knew for years what was happening but feigned ignorance.… 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

An Insider’s Tale About Kazakhstan’s Corruption

The Wall Street Journal’s July 22 Page One story on public corruption in Kazakhstan involving the ruling family is extraordinary. Reporters Glenn Simpson and Susan Schmidt have dug deep, with help from the former son-in-law of the country’s president.… Continue Reading

UBS: Growth Run Amok

We’re exercising our Friday liberty to post a story that’s not about the Foreign Corrupt Practices Act — at least not yet. It’s about a world-class financial institution — a market leader with 80,000 employees in 50 countries, the heavyweight champ of global wealth management — that allowed its sales force to run wild and in the process trample numerous U.S.… Continue Reading