Sunday, April 22, 2012

Memo to Wal-Mart: Tell Your Top Executives to Get Ready for Prison

The Sunday NY Times ran a seriously long story about how Wal-Mart got to be the largest retailer in Mexico by the old-fashioned way:  Bribing the shit out of everyone.  Of note is the point when some people at Wal-Mart's HQ became uncomfortable with things, the brass asked a Wal-Mart lawyer to investigate the allegations.

The lawyer was the same asshole who authorized paying the bribes.  Which is kind of like asking Capt. Renault to investigate gambling in Casablanca.



Don't worry, though. Wal-Mart will find some lower-level flunkies to take the Federal heat under the Foreign Corrupt Practices Act. Those fall guys will go to jail and Wal-Mart will, out of the goodness of their hearts, ensure that their families will not suffer.  And when they get out of stir, Wal-Mart will find good jobs for them.

Which is the same way that the Mafia used to do it.

2 comments:

  1. And this is wrong, how? How are you gonna get anything done in a place like Mexico without bribes??? It's an institutional practice.
    If they funneled half back to unions and they moved the right cut to Democrats none of this would be a problem. :-)

    ReplyDelete
    Replies
    1. The problem is a picky little law called the "Foreign Corrupt Practices Act" that forbids paying bribes. Which you would have known about if you had bothered to read the fucking post in the first place!

      Delete

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