How the hell are we supposed to mount a recovery if we can’t grease a few palms here and there? And, if that isn’t enough, keeping businesses honest abroad might create a split-world economy. Black and white. Bribery friendly, and otherwise.
Since bribery is such a complex and opaque topic, we decided to take a peek at the “Layperson’s Guide to the FCPA,” an abbreviated and simplified guide for… the layperson. With curt, to the point passages like:
A “domestic concern” is any individual who is a citizen, national, or resident of the United States, or any corporation, partnership, association, joint-stock company, business trust, unincorporated organization, or sole proprietorship which has its principal place of business in the United States, or which is organized under the laws of a State of the United States, or a territory, possession, or commonwealth of the United States.
…we are betting compliance is going to soar.
So are beltway types:
“The FCPA is the benchmark for where we think other governments should be,” says Nancy Boswell, president of anti-bribery group Transparency International-USA, based in Washington. “What’s essential is consistent, concerted action by all exporting nations to enforce bribery prohibition.”
Next up: World peace.
In Antibribery Law, Some Fear Inadvertent Chill on Business [The Wall Street Journal]
At the DB office.
Greg: Bess, you’re back.
Bess: Greg, I’m surprised to see you here.
Greg: You are?
BL: I thought you would have taken the large office.
GM: Oh. Really.
BL: I guess I didn’t make that clear when I hired you. So where’s that Pensky file? Let’s see what
you’ve been up to all week. (pages through the file)
What have you been doing all week?
GM: Well you missed a lovely little party that we had for EP.
BL: You haven’t done anything with this.
GM: Well bear in mind that I am in the smaller office.
BL: I’m beginning to wonder if you understand anything.
GM: You are aware that Cluster is interested in me.
BL: (scoffs) You’re not Cluster material.
GM: Well, we’ll just see about that. Ta-ta, Tut-tle.
BLANUS!
Get ‘er done!
Sounds like a CNBCer didn’t like the “Playwrite Between Trades” yesterday.
How are you guys not writing about the executions of those frauds in China?
Even the crickets have left for the week.
I need a rec for the herbicide that kills randroids.
Fags
My BM schedule has suddenly shifted from about 6pm everyday to about 8:30am. Should I be concerned?
first of all, did you get that picture from ya boy caleb? it looks like the same shitty type of pic that he usually decides to kick off his pile of shit-words with
second of all, say the GS (no, not evil, taxpayer-sucking giant squid) phrase again and i’ll kill you
@8. You should be more concerned about lifestyle choices that may have caused this sphincter relaxation. When your MD says you’re built like a “wide receiver,” he’s not talking about your broad shoulders.
@4 I’m wondering exactly the same thing. The Chinese do _not_ mess around. We need some of that tough love around these here parts.
Its better to shit in the morning after coffee and a collie.
Dennis Kneale
@11 here
Use Chinese -> English
http://translate.google.com/translate_t?hl=en#
And enter this page:
http://news.wenxuecity.com/messages/200908/news-gb2312-898743.html
@11
The Chinese gov is arbitrary about who it choses to mess around with (put a bullet in their head). Not a fine example. And their system does require bribes, though what they call them is something else altogether.
EP – What happened? I used to like your posts.
@13: While noting that Google is far better at translation from Chinese than I am, I am struck by wonder at this picture caption:
Nicknamed “little girl” who the Lishui DU Yi-min, a result of fraud was sentenced to death and deprived of political rights for life.
At least they didn’t deprive her of political rights for long, so there’s that.
In Antibribery Law, Some Fear Inadvertent Chill on Business [The Wall Street Journal]
So EP, what was inadvertant about it?
In Antibribery Law, Some Fear Inadvertent Chill on Business [The Wall Street Journal]
So EP, what was inadvertant about it?