Foreign Corrupt Practices Act “Crackdown”

Don’t miss The WSJ’s article on what it characterizes as the Department of Justice’s Foreign Corrupt Practices Act “crackdown”.

At least 120 companies are under investigation, according to Mark Mendelsohn, a deputy chief in the Justice Department division overseeing the prosecutions, up from 100 at the end of last year.

The effort began in the wake of a series of business scandals earlier this decade, including the collapse of Enron, that stirred up a new corporate-reform movement.

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