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

A Rare (Or Medium-Rare) Opportunity

Review Procedure Release No. 81-02 from December 11, 1981 may be a Cold War relic, but it’s still relevant to the FCPA. It answers the question: How do you introduce new products to potential government customers in foreign countries without violating the Foreign Corrupt Practices Act?… Continue Reading

Bulgaria Joins The Wrong Club

One benefit of “globalization” — a word we think means the integration of national economies into the global financial system — is that corrupt regimes now come in for heavy international flak.… Continue Reading

Moscow Debates Reforms, Sort Of

The biggest public corruption story on the planet may be Russia — the entire country, where red tape and bribery are scaring away foreign investors and wearing down ordinary citizens. Reform can’t come soon enough, so we’re glad that President Dmitry Medvedev is at least talking about the problem.… Continue Reading

All Eyes Are On Siemens

The Big Show these days for followers of the U.S. Foreign Corrupt Practices Act is Siemens’ global bribery scandal. To wit, the print and online versions of the November 16, 2007 Wall Street Journal carried a brilliantly reported Page One story based on the fact statement compiled by the Munich public prosecutor (“Ruling Details Bribery Across the Globe”).… 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

The Russia (Ware) House

It requires 54 procedures, takes 704 days, and costs 3,788% of annual per capita income to obtain the licenses and permits needed to build a warehouse in Moscow. So says the World Bank’s Doing Business 2008.… Continue Reading