Monday, March 22, 2010

rio tinto and bribery

I have to admit I haven't read all that's available but precisely what does it mean to "bribe" an executive at a foreign company?  The idea that the executives were paid AND received secret information is wacky - paying to receive and being paid to divulge make sense.  But somehow being paid to receive useful information?  And, separate from embezzlement or corporate opportunity, what exactly is a bribe of a private individual or company?  Strange.

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