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Old 04-23-2012, 08:00 PM
 
12,436 posts, read 11,955,274 times
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Walmart shareholders are taking it on the chin because of the bribery of mexican officials in Mexico by Walmart Executives. Senior walmart executives could be indicted in the future.

Now i know it is common place to bribe govt. officials in Mexico; however, it is still against the law here. They are to blame. Walmart Sucks.

Wal-Mart shaken by bribery probe, shares plunge - Yahoo! Finance (http://finance.yahoo.com/news/wal-mart-probe-could-cost-034033891.html - broken link)
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Old 04-23-2012, 08:04 PM
 
Location: DFW
40,952 posts, read 49,221,262 times
Reputation: 55008
If they go after Walmart they should go after everyone who does business in Mexico. Then Russia, then the rest of the world.

Bribes there are called "Fees" by our fearless leaders. Our Govt pays bribes to half the terrorist nations in the world.

What's the difference ?

I think I'll go to Walmart and buy more AMMO.
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Old 04-23-2012, 08:06 PM
 
12,436 posts, read 11,955,274 times
Reputation: 3159
Quote:
Originally Posted by Rakin View Post
If they go after Walmart they should go after everyone who does business in Mexico. Then Russia, then the rest of the world.

Bribes there are called "Fees" by our fearless leaders. Our Govt pays bribes to half the terrorist nations in the world.

What's the difference ?

I think I'll go to Walmart and buy more AMMO.
So you are against enforcing Federal Law?
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Old 04-23-2012, 08:07 PM
 
69,368 posts, read 64,143,658 times
Reputation: 9383
Great option buying opportunity...
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Old 04-23-2012, 08:08 PM
 
Location: DFW
40,952 posts, read 49,221,262 times
Reputation: 55008
Quote:
Originally Posted by hotair2 View Post
So you are against enforcing Federal Law?
It's a standard of doing business in 80% of the world.

You against our Govt paying bribes to terrorist nations and Pirates on the Seas ?
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Old 04-23-2012, 08:09 PM
 
Location: Honolulu, HI
5,638 posts, read 6,520,043 times
Reputation: 7220
Something tells me nothing more will come out of this than some small fine. The Walton Family and Walmart executives are untouchable.
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Old 04-23-2012, 08:14 PM
 
48,502 posts, read 96,894,387 times
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No I say let the mexicaians enforce the law in their country. Might want t realise we do not control other countries. One has to basically realies that its gobene on decades and i some coutnries that is what it takes to get thinsg done. Had a freind who worked for awhile i Russia and its goes to the lowest paid work to get anyhtig doen. Otehrwise he said it takes weeks to egt anyhting say deliver that should take half a day.PBS had a documanentray where investors talked about having a chinese partner that knew now to grease the minor officals that it took to do anyhting.We have paid off N. Korea by direct aid by our governamnt for deacdes to get compliance ;just cut food aid because it wasn't achieve what it was meant to.Its really all the same think and cultures view it differently.
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Old 04-23-2012, 08:16 PM
 
Location: State of Transition
102,219 posts, read 107,999,816 times
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Wal-Mart loses 10 billion in mkt value in 1 day? Good, maybe it'll roll over and die now.
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Old 04-23-2012, 08:23 PM
 
Location: Midwest
38,496 posts, read 25,835,417 times
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Quote:
Originally Posted by pghquest View Post
Great option buying opportunity...
Go for it.
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Old 04-23-2012, 08:23 PM
 
9,848 posts, read 8,286,793 times
Reputation: 3296
Quote:
Originally Posted by hotair2 View Post
Walmart shareholders are taking it on the chin because of the bribery of mexican officials in Mexico by Walmart Executives. Senior walmart executives could be indicted in the future.

Now i know it is common place to bribe govt. officials in Mexico; however, it is still against the law here. They are to blame. Walmart Sucks.

Wal-Mart shaken by bribery probe, shares plunge - Yahoo! Finance (http://finance.yahoo.com/news/wal-mart-probe-could-cost-034033891.html - broken link)
Question, if it is legal to grease the wheel in Mexico and this happened in Mexico, then why would we in America hold these execs to a standard not in that part of the world.
It isn't as if they went into some part of Islam and cut off the heads of Christians, right?
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