In September 2005, a senior Wal-Mart
lawyer received an alarming e-mail from a former executive at the
company’s largest foreign subsidiary, Wal-Mart de Mexico. In the e-mail
and follow-up conversations, the former executive described how Wal-Mart
de Mexico had orchestrated a campaign of bribery to win market
dominance. In its rush to build stores, he said, the company had paid
bribes to obtain permits in virtually every corner of the country.
The former executive gave names, dates and bribe amounts. He knew so
much, he explained, because for years he had been the lawyer in charge
of obtaining construction permits for Wal-Mart de Mexico.
There is more to this story. I find it particularly disturbing. It is just another example of a major U.S. corporation doing "whatever it takes" to make a buck.
Read the rest of the twisted tale at The New York Times...
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