December 2, 2010
Questioning the FCPA
Mike Koehler recently testified before the Senate Subcommittee on Crime and Drugs at a hearing entitled "Examining Enforcement of the FCPA"--he has some interesting related links here. The FCPA Blog also has a nice summary here:
Senator Specter, for example, wants to know why the DOJ is fining corporations hundreds of millions of dollars but not indicting any of their leaders or employees. Michael Volkov wants to know why clients have to call him to ask if they can pay the taxi fare for a nurse from an overseas government-run hospital who's in the U.S. attending a conference. Andrew Weissmann, meanwhile, wonders why corporations that do everything right to stop corruption can still be punished because a single, low-level employee went off the rails.