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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

Feds close five-year FCPA probe of IBM

IBM said in an SEC filing that the DOJ and SEC have closed their FCPA investigations into transactions in Argentina, Bangladesh, Poland, and Ukraine.

The U.S. investigations started in early 2012 when IBM notified the SEC of a probe by the Polish Central Anti-Corruption Bureau.… Continue Reading

OFAC fines Exxon $2 million for violating Russia sanctions, Exxon sues

The Treasury Department’s Office of Foreign Assets Control fined Exxon Mobil Corp. $2 million Thursday for signing a joint venture with Russia’s Rosneft in “reckless disregard” of Ukraine-related trade sanctions.

In response, Exxon filed a lawsuit in federal court in Texas, arguing that it had guidance from the government that its action would be legal under existing law and OFAC rules.… Continue Reading

Teva announces $519 million FCPA settlement

Teva Pharmaceuticals Industries Ltd. agreed Thursday with the DOJ and SEC to resolve FCPA violations through a deferred prosecution agreement and total payments of $519 million.

The $519 million settlement will rank fourth on our list of the ten biggest FCPA cases.… Continue Reading

In Moscow, a funeral for free speech

Mourners lay flowers where Boris Nemtsov was gunned down (Image courtesy of RT)What had been planned as a protest Sunday against President Vladimir Putin’s government became instead a somber march in memory of an opposition leader who was shot and killed just steps from the Kremlin.… Continue Reading

What’s up with graft and the World Misery Index?

The 2014 World Misery Index ranks 108 countries for how much “misery” the people in a country are experiencing. The amount of misery is arrived at by adding the unemployment, inflation, and bank lending rates, and subtracting the percentage change in real GDP per capita.… Continue Reading