With Wal-Mart Bribery Case, More Attention on a Law

The prominent case is likely to lead to more disclosures, said Paul Pelletier, a former Justice Department prosecutor who worked on Foreign Corrupt Practices Act investigations.

“The impact could be huge,” Mr. Pelletier said. “Wal-Mart’s having lost billions in market capitalization over these last few days is going to make companies in close cases more likely to err on the side of promptly self-reporting” when they uncover evidence of possible overseas bribery….

via With Wal-Mart Bribery Case, More Attention on a Law – NYTimes.com