Posts Tagged ‘commercial bribery’
The Corporate World - Friday, October 3, 2008 9:49 - 0 Comments
Regulators were warned over 25 years ago about corporate wrongdoing
Over the past several years we have seen more corporate corruption than I would have ever guessed possible. I, along with lots of folks, are asking, how could this sort of thing have gone on for so long without the bad guys being caught? A most interesting article appeared in the December 1980 issue of Fortune Magazine entitled “How Lawless are Big Companies?” that should have alerted government regulators to serious problems in Corporate America. The opening paragraph of that article should have gotten the attention of the heads of the federal and state agencies that are supposed to be regulating the activities of Corporate America in a number of important areas. The following is what the author had to say way back in 1980:
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