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Facing evidence of widespread corruption in Mexico, Wal-Mart (WMT) shut down its internal...

Facing evidence of widespread corruption in Mexico, Wal-Mart (WMT) shut down its internal investigation and failed to notify officials, NYT accuses. WMT replies by saying many of the allegations are more than six years old - and that it's "working aggressively to determine what happened."
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Comments (9)
  • spald_fr
    , contributor
    Comments (2734) | Send Message
     
    Talk about widespread corruption in Mexico, New York Times. It seems that two of the Mexican drug lords who received thousands of high-power weapons from the BATF in the Fast and Furious operation were actually on the FBI payroll!

     

    Answer me this: the Feds identify every drug lord from Columbia through Mexico. Howcome when the drugs cross the US border, suddenly we don't know who the drug lords are? That's a question I'd like the NY Times to inquire about, not Wal-Mart.
    21 Apr 2012, 09:04 PM Reply Like
  • laogao
    , contributor
    Comments (88) | Send Message
     
    Should we buy or sell WalMart based on this?
    22 Apr 2012, 12:04 AM Reply Like
  • bobcurran
    , contributor
    Comments (9) | Send Message
     
    Hellooooooo, It's Mexico!!!!!
    22 Apr 2012, 12:20 AM Reply Like
  • laogao
    , contributor
    Comments (88) | Send Message
     
    FCPA - Dems have their next distraction already teed up for them by Corporate America
    22 Apr 2012, 10:48 AM Reply Like
  • The Geoffster
    , contributor
    Comments (4013) | Send Message
     
    WalMart should have applied to the Commerce Department for legal bribes through the Foreign Corrupt Practices Act.
    22 Apr 2012, 09:18 AM Reply Like
  • PalmDesertRat
    , contributor
    Comments (2941) | Send Message
     
    We lived in Guadalajara for 13 years. We never had a business ourselves,but we know many folks who did and do, and have many Mexican friends and relatives.

     

    Nobody,but nobody,can do business of any kind anywhere in the country without paying bribes to every government office they deal with and there are many.

     

    That the NYTimes can be so shocked by this is surprising,or the
    Times is being disingenuous.

     

    Mexicans love Walmart-I would suggest that the company be forced to quit the country. Maybe if Mexico learns to pay the price for their corruption,people will start to do something about it.
    22 Apr 2012, 12:19 PM Reply Like
  • ENS
    , contributor
    Comment (1) | Send Message
     
    I find your comment both inaccurate and a little bit patronizing. Corruption is widespread in Mexico, but it is not true that to have any business of any kind you must give bribes. What you say only tells us that you acquaintances are the kind of people that prefer to bribe a government official than to pay the actual price of a permit. Also mexicans donĀ“t love Wal Mart, for some folks it is their only option, and that is because Wal Mart uses unethical and sometimes illegal tactics to eliminate competitors. The good news is that we have better options that are lowering Wal Mart's market share, i.e., Comercial Mexicana and Soriana. I agree Wal Mart should be forced to quit the country. That would be the best thing for Mexico. Maybe when they decided to come back they would quit their unethical tactics.
    23 Apr 2012, 07:50 AM Reply Like
  • AIMA
    , contributor
    Comment (1) | Send Message
     
    I agree with ENS comment, even when corruption is a common topic in Mexico it will never be approved from the society in general and more when it came from top power positions. Even in Guadalajara I bet that corruption it is not something to be proud of. Many small stores closed because they couldn't fight with a big company as Walmart and I don't love them, I rather prefer to buy in a small market and contribute with domestic industries.
    1 May 2012, 07:04 PM Reply Like
  • Neal Razi
    , contributor
    Comments (1220) | Send Message
     
    I am shocked, shocked I tell you, to hear of bribes being the way things get done in many countries. NOT
    23 Apr 2012, 04:37 PM Reply Like
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