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« Wal-Mart’s Victims, Part XIV: We Did It Before, We Can Do It Again | Main | Kuwait names first anti-graft chief »
Friday
Jun072013

NSA spying also linked to FCPA enforcement

'A February report by the European Union alleged that Echelon [a spy satellite system run by the National Security Agency] has been used for economic espionage. Former CIA Director James Woolsey told a German newspaper in early March that Echelon collects “economic intelligence.” One example Woolsey gave was espionage aimed at discovering when foreign companies are paying bribes to obtain contracts that might otherwise go to American companies. Woolsey elaborated on his views in a condescending March 17 Wall Street Journal oped, justifying Echelon spying on foreign companies because some foreigners do not obey the U.S. Foreign Corrupt Practices Act. To add insult to injury, Woolsey noted there’s no reason for U.S. companies to steal backward Europe’s secrets.'

From Rise of the Surveillance State by James Bovard in The American Spectator (June 7, 2013).