Monday, December 17, 2012

Just in Time for Last Minute Shoppers

Posted By on Mon, Dec 17, 2012 at 9:21 PM

The New York Times comes out with a scathing indictment of Walmart bribery in Mexico:

"The Times’s examination reveals that Wal-Mart de Mexico was not the reluctant victim of a corrupt culture that insisted on bribes as the cost of doing business. Nor did it pay bribes merely to speed up routine approvals. Rather, Wal-Mart de Mexico was an aggressive and creative corrupter, offering large payoffs to get what the law otherwise prohibited. It used bribes to subvert democratic governance — public votes, open debates, transparent procedures. It used bribes to circumvent regulatory safeguards that protect Mexican citizens from unsafe construction. It used bribes to outflank rivals."

One hell of a read.

 

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Speaking of Economy, walmart

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Carrie Peyton Dahlberg

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Carrie Peyton Dahlberg was editor of the North Coast Journal from June 2011 to November 2013.

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