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.