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Airbus ran ‘massive’ bribery scheme to win orders

ft.com

201–210 of 251 posts

Re: Airbus ran ‘massive’ bribery scheme to win orders

#201
post #6

> Airbus for years conducted a “massive scheme to offer and pay bribes”, involving very senior executives, according to disclosures in courts in Washington DC, Paris and London, as Europe’s aerospace champion agreed to pay €3.6bn in penalties to regulators in France, the UK and the US. So nobody went to jail, though

> So nobody went to jail, though

What is with this demented obsession on HN with sending people to jail?

The response to any misbehaviour is 'send someone to jail!'

Nobody even seems particularly concerned who goes to jail - it's usually just 'someone needs to do to jail for this.'

Re: Airbus ran ‘massive’ bribery scheme to win orders

#202
post #6

> Airbus for years conducted a “massive scheme to offer and pay bribes”, involving very senior executives, according to disclosures in courts in Washington DC, Paris and London, as Europe’s aerospace champion agreed to pay €3.6bn in penalties to regulators in France, the UK and the US. So nobody went to jail, though

> So nobody went to jail, though What is with this demented obsession on HN with sending people to jail? The response to any misbehaviour is 'send someone to jail!' Nobody even seems particularly concerned who goes to jail - it's usually just 'someone needs to do to jail for this.'

What do you suggest?

Re: Airbus ran ‘massive’ bribery scheme to win orders

#203

Earlier quoted context omitted.

> So nobody went to jail, though What is with this demented obsession on HN with sending people to jail? The response to any misbehaviour is 'send someone to jail!' Nobody even seems particularly concerned who goes to jail - it's usually just 'someone needs to do to jail for this.'

What do you suggest?

Something useful like service to the community?

They aren't physically dangerous people. They don't need to be isolated for anyone's safety.

Re: Airbus ran ‘massive’ bribery scheme to win orders

#204
post #80

Earlier quoted context omitted.

Nobody goes to jail for "lobbying" in the US while it is clearly about the same thing as bribery. Just a legal form of it.

While lobbyists have sometimes bribed officials through gifts and perks, which is illegal, lobbying is not bribery. Say you're interesting in promoting renewable energy. You and like minded people put together resources to promote renewable energy to politicians, explaining its benefits. This activity is lobbying for renewable energy.

How often is a lobbying group made of or led by the politician's constituents? My representative requires and verifies the home addresses of town hall attendees, but I doubt he applies the same rule to lobbyists.

Re: Airbus ran ‘massive’ bribery scheme to win orders

#205

Earlier quoted context omitted.

What do you suggest?

Something useful like service to the community? They aren't physically dangerous people. They don't need to be isolated for anyone's safety.

I'm all for giving overpaid CEOs a couple of days or weeks of community service. The problem with only giving fines, is that those fines are usually a lot smaller than the actual money and profits involved, and it's not really punishment for the people who commited the crime, just cost of business for the company they work for. Unless executive start getting held accountable for the crimes their company commits on their watch, they'll just continue doing this.

Re: Airbus ran ‘massive’ bribery scheme to win orders

#206
post #78

Earlier quoted context omitted.

Nobody should be giving any money to politicians, or their campaigns, for any reason what-so-ever. I realize it's fundamental to American politics now, but that doesn't make it fundamentally wrong.

> Nobody should be giving any money to politicians, or their campaigns, for any reason what-so-ever. I don't disagree on the fundamentals, but I think there's a lot of side effects of something like this. How should election campaigns be funded? I've heard suggestions of having the state pay for campaigns, everyone gets a fixed budget (or some variation of this). But this leads to issues then around who should be eli…

You're making the classic mistake of not trying to improve anything because it's difficult and there are tons of edge cases.

Clearly the system as it stands now is terrible and needs to be fixed. Start fixing it now, and worry about the edge cases later. A 10% improvement is better than no improvement.

Re: Airbus ran ‘massive’ bribery scheme to win orders

#207
post #131

As a flyer: Do their planes fall out of the sky due to pervasive dysfunctional corporate culture? Nope. So yeah not great & but relatively speaking I can't say I particularly care

Still, tolerating bribes could lead to a dysunctional corporate culture where technical obstacles are solved with money instead of engineering. Airbus isn't as bad as Boeing, but it'd be nice if they didn't go down a similar road.

Re: Airbus ran ‘massive’ bribery scheme to win orders

#208

Earlier quoted context omitted.

While I'll get a ton of down votes for saying this: any place where government has too much presence and authority over economy is riddled with bribery. It just cannot be other way. What is that saying? Power corrupts. As for solution - not sure. It seems this is defense case so more transparency might not be an option

I think it's obvious that the opposite is true. Any place riddled with bribery is one where government has far too little authority and individuals ostensibly working for it are running rampant. Authority is not exactly the same thing as power though.

Bribery happens when people have power with little accountability. Any kind of power, government or not, should go hand in hand with accountability. It's the only way to prevent corruption.

Re: Airbus ran ‘massive’ bribery scheme to win orders

#210
post #80

Earlier quoted context omitted.

Nobody goes to jail for "lobbying" in the US while it is clearly about the same thing as bribery. Just a legal form of it.

While lobbyists have sometimes bribed officials through gifts and perks, which is illegal, lobbying is not bribery. Say you're interesting in promoting renewable energy. You and like minded people put together resources to promote renewable energy to politicians, explaining its benefits. This activity is lobbying for renewable energy.

You seem to think that lobbying involves persuasive speaking; using the power of one's words to convince legislators of the rightness of one's position.

That is not the case.

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