Entries in Morgan Stanley (23)
Singapore-based copywriter Jeremy Tarrier is working on a manuscript called The Rise and Fall of an American in China, inspired by the experiences of former Morgan Stanley managing director Garth Peterson.
Jeremy Tarrier is Garth Peterson’s Boswell.
Peterson was the head of real-estate investments for Morgan Stanley in China. Last year he was sentenced to nine months in federal prison after admitting he conspired to violate the FCPA.
1. Allegations against Wal-Mart -- Just when the debate about FCPA reform was heating up, the New York Times reported that Wal-Mart may have paid $24 million in bribes to Mexican officials to grow the business. The story showed why the FCPA is important. And it derailed the Chamber of Commerce's campaign to narrow the law and restrict the DOJ's enforcement of it.
Nothing in the past 50 years has changed the way businesses and individuals communicate more than email, and new technologies are now transforming email into a powerhouse for compliance programs.
Assistant Attorney General Lanny Breuer made it clear Friday that FCPA enforcement won't let up any time soon.
As recently reported, after receiving a sentence of nine months for pleading guilty to violating the FCPA, Garth Peterson went on the attack and said Morgan Stanley's compliance program was less in evidence than the DOJ has claimed. However, we previously learned from the DOJ that "[Peterson] used a web of deceit to thwart Morgan Stanley’s efforts to maintain adequate controls designed to prevent corruption.”
It's hard to blame others when you've already pleaded guilty and been sentenced to prison. But Garth Peterson gave it a try in an interview Friday with CNBC.
Peterson was Morgan Stanley's former managing director for real estate in China.
Morgan Stanley's former managing director for real estate in China was sentenced Thursday to nine months in federal prison.
Garth Peterson, 43, pleaded guilty in April to a one-count criminal information