... Four of the largest bribery scandals in Latin America and the Caribbean over the last two decades have involved US corporations.
By David L. Wilson, World War 4 Report
August 12, 2012
On April 22 the New York Times ran a major article by reporter David Barstow revealing that Wal-Mart's Mexican subsidiary paid more than $24 million in bribes to fuel the remarkable growth of its stores—and that top Wal-Mart executives in the United States tried to cover up the criminal activity.
The US media were quick to provide "context" for the scandal. Corruption is endemic in Latin America, we were told; Transparency International rated Mexico number 100 out of 183 countries in its 2011 index on perceived levels of corruption. "The scandal tells you that doing business in the world's fastest-growing markets can be fraught with peril," Time magazine wrote. "[G]raft is not necessarily perceived as a serious crime in some places. It's more a way of doing business." The Times downplayed its own excellent investigative reporting by explaining that in Mexico "bribery and other forms of corruption are taken in stride." [...]
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