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Richard L. Cassin Publisher and Editor

Andy Spalding Senior Editor

Jessica Tillipman Senior Editor

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

Bill Steinman Contributing Editor

Aarti Maharaj Contributing Editor


FCPA Blog Daily News

Entries in New York Times (41)

Thursday
Dec082016

It can be hard to prove someone is super rich

Robert Oesterlund via FacebookThe New York Times published a great article last week by Nicholas Confessore called "How to Hide $400 Million."

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Thursday
Aug112016

Mike Scher: Is it time for compliance officers to enforce company core values?

Much should be written soon about the suicide note from Ashish Awasthi: “I am going to commit suicide because I can’t meet my company's sales target and my company is pressuring me.”

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Friday
May272016

Hui Chen, Walmart and the Radical Transformation of Compliance?

Blue Marble Photo of EarthIn my last post I discovered the power of images to make a point, like the ribbons of marble floating on air. The Blue Marble, NASA”s image of earth from space, changed how we see the planet, our home.

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Monday
May162016

Delaware judge tosses shareholder suit against Walmart directors

A Delaware judge Friday dismissed a shareholder lawsuit against the directors of Wal-Mart Stores Inc. that alleged the directors failed to conduct a proper investigation into allegations of bribery in Mexico.

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Monday
Apr252016

Worth MacMurray: Should CCOs become Cyber-Governance Czars and Czarinas?

In the past few months, The Atlantic, the New York Times, and Time magazine have all featured stories on professional reinvention -- changing course at some point during one’s career. It's a timely topic as employers increasingly adapt to talented individuals’ needs or wishes to work differently, in terms of time, place and subject matters.

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Wednesday
Nov182015

Walmart cuts Q3 FCPA spending to $30 million

Wal-Mart Stores Inc. said Tuesday it spent $30 million on FCPA-related costs in its third quarter, with $22 million for ongoing investigations and $8 million for enhancements to its global compliance program.

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Tuesday
Oct272015

The Big Ban: Let's use debarment and exclusion to promote personal deterrence

In a New York Times op-ed, former assistant U.S. attorney Eric Havian recommended using better methods to deter corporate misbehavior. "Exclusion," he said, "needs to be dusted off, modernized and used more frequently.”

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Wednesday
Oct212015

Mike Scher on Walmart: We're talking about the future of the compliance profession

The Wall Street Journal reported Monday that the DOJ's three-year investigation of Walmart in Mexico has uncovered little or no evidence of major bribery, and that the case may eventually be resolved without criminal charges and only a fine.

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Wednesday
Aug192015

Walmart FCPA spending just topped $650 million

Walmart said in a management call Tuesday that FCPA and compliance-related costs were about $30 million during the second quarter, with $23 million for ongoing investigations and $7 million for the company's global compliance program. 

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Thursday
Apr232015

Did Bill Clinton violate the Foreign Corrupt Practices Act?

Image courtesy of the Clinton FoundationIn 2005, former president Bill Clinton traveled to Kazakhstan to meet with its leader, Nursultan Nazarbayev. Clinton flew to Almaty with the Canadian mining financier Frank Giustra on Giustra's private jet, the New York Times reported Thursday. Giustra was there to secure rights to Kazakhstan's rich uranium deposits.

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Tuesday
Mar242015

Mike Scher: Can law students really disrupt the vicious cycle of corruption?

My thanks to Professor Andy Spalding and his students from the University of Richmond School of Law for undertaking the Rio 2016 project and executing it with dedication and enthusiasm. I hope it becomes a model for law students around the globe.

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Monday
Dec222014

Shareholders move for sanctions against Wal-Mart ‘foot dragging’

Shareholders accused Wal-Mart Stores Inc. in a Delaware court filing Thursday of failing to comply with a court order to produce files from an internal FCPA investigation of alleged bribery in Mexico.

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