WSJ’s Law Blog deems FCPA a hot practice area. But because you read this blog, you already knew that.
This morning, we’re reminded of why folks are willing to shell out big bucks for serious FCPA lawyering: the stakes are high. Fired former Halliburton executive Albert J. “Jack” Stanley pleaded guilty to orchestrating more than $180 million in bribes to senior Nigerian government officials.
Jack Abramoff was sentenced yesterday to four years in prison, according to this report.
Abramoff pleaded guilty in early 2006 to three criminal felony counts in a Washington, D.C., federal court related to the defrauding of American Indian tribes and corruption of public officials. The following day he pleaded guilty to two criminal felony counts in a separate federal court, in Miami, related to his fraudulent dealings with casinos. He’s served time on the latter charges; the sentence handed down today related to the Washington charges.
”I come before you as a broken man,” Abramoff said at his sentencing on Thursday. ”I’m not the same man who happily and arrogantly engaged in a lifestyle of political and business corruption.”
Because the McCain campaign is accepting public funds for the general election, does that mean that Palin and McCain need not concern themselves with MSRB Rule G-37? This exceptionally well-written article describes the scenario that arose in 1999. Rule G-37 and accompanying guidance have changed since then.