51–60 of 251 posts
Every company doles out bribes. In many countries bribery is the way to go. Things don’t happen without it. They just find creative ways to make it legal that’s all.
Anyone here actually believes it is only Airbus???
Is there evidence of others?
Something about 5,000 jobs, ₤6 billion, and - of course - upset Saudi princes.
https://en.wikipedia.org/wiki/Al-Yamamah_arms_deal#Serious_F...
> 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
Bribery or MCAS? Your choice.
Earlier quoted context omitted.
It's not entirely for lack of trying on behalf of prosecutors. The courts have narrowed the definition of bribery. https://www.lexology.com/library/detail.aspx?g=c6c23d55-f451...
So if I'm a Senator/Congressman and Comcast came to me promising $500k for my re-election campaign if only I could help them slow down Google Fiber rollout in some town, is it illegal for me to agree? I mean, this is a bribe, isn't it?
Where the unlimited contributions come in (think Citizens United) are Super PACs, but those aren't technically affiliated with candidates, and they can't contribute to the candidates. The freedom of speech angle on this is that corporations or individuals can spend this money on political ads, but it has to be independent of the candidates.
> is it illegal for me to agree?
Yes, or it was illegal for them; this exceeds campaign contribution limits.
Every company doles out bribes. In many countries bribery is the way to go. Things don’t happen without it. They just find creative ways to make it legal that’s all.
“Every company” is obviously hyperbole. My local deli doesn’t bribe anybody. What do you really mean - every $1bn+ revenue aerospace firm?
You sure?
I mean, I agree with you that "every company" is certainly hyperbole, but bribery happens on different scales. Its not all national level and involving 6+ figure sums.
I know someone who worked at a local restaurant where the owner bribed someone at the local health inspection office to be tipped off before "random inspections" giving them a couple of days notice to get things sorted out prior to the inspection.
I suspect companies committing bribery are the minority, but it can and does happen at the local small-business level.
> 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
Yeah, I guess the punishment for a bunch of bribes is just having to pay one more bribe?
Anyone here actually believes it is only Airbus???