Tags » Foreign Corrupt Practices Act

The Case Against an International Anti-Corruption Court

Judge Mark Wolf recently published a Brookings Paper, and an accompanying Op-Ed in the Washington Post last week, calling for the creation of an “International Anti-Corruption Court” (IACC), modeled on the International Criminal Court (ICC). 2,967 more words

Commentary

Regulators hit Smith & Wesson with $2 million bribery penalty

Firearms manufacturer Smith & Wesson has agreed to pay $2 million to settle U.S. government charges over bribes the company allegedly paid out to foreign officials between 2007 and 2010. 267 more words

International

"Ghost Money": Thinking About State Bribery in the National Interest

“It is difficult to overstate the profoundly negative impact that corruption has on society.  The abuse of entrusted power for private gain does violence to our values, our prosperity, and even our security.” — … 815 more words

Commentary

Is US Campaign Finance Law More Permissive of Corruption than the FCPA?

An odd feature of U.S. law is that it appears to impose more stringent restrictions on private donations to foreign politicians than on donations to U.S. 704 more words

Commentary

Should FCPA Sanctions Be Nine Times Larger?

In my post last week, I discussed a recent working paper (by Cheung, Rao, and Stouraitis) that attempted to measure the economic returns firms reap from foreign bribery — and which reached the depressing conclusion that, much as we would like to believe otherwise, bribery still “pays.”  In doing a bit more research along these lines, I came across another terrific… 876 more words

Commentary

The Imperialism of the US Dollar and the Global Wars of the Banking Titans

Submitted by Pachamama

After World War Two virtually all national economies were in ruins, except the United States, of course. These circumstances gave rise to the United States dollar as the medium of exchange between countries. 960 more words

Opinion