Friday, April 27, 2012

Walmart Bribery Scandal



Walmart is in the middle of a huge bribery scandal in Mexico. The company allegedly paid government officials as much as $24.5 million to provide faster access to store-building permits. But why does the US care about what Walmart is doing in Mexico? It's a question a lot of people have been asking these days, so we'll take a good look at the Foreign Corrupt Practices Act. A lot of business groups complain that it puts them at a disadvantage in competing with other companies abroad. So does enforcing a code of ethics on business abroad, make sense? Labor journalist Mike Elk discusses.

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