4 ms·
From what I've heard, many cases of these kinds of bribery schemes are fairly widely known within the companies themselves. The general attitude is that "everyo
by staunch 4y ago
From what I've heard, many cases of these kinds of bribery schemes are fairly widely known within the companies themselves. The general attitude is that "everyone is doing it" and any harm is so indirect as to not seem particularly unethical. For example, some government is already set to spend $100 million with X software company, so what's the harm in kicking back $10 million to the person signing the check?
Of course it's wrong but it's very easily rationalized by psychologically normal people.
If the goal is to actually stop this kind of bribery, we should give whistleblowers a 20% reward of the penalties. In other words, we should legally bribe people into reporting illegal bribery because bribery works.
- minhazm 4y agoThe SEC already has a whistleblower reward between 10-30% of the amount collected. The FCPA is covered under their whistleblower program. https://www.phillipsandcohen.com/sec-and-cftc-whistleblower-info/ https://www.phillipsandcohen.com/sec-and-cftc-whistleblower-...
- staunch 4y agoAh cool, it should be more widely publicized. Maybe I missed it, but I don't recall seeing news about bribery whistleblowers being paid out. Maybe it should be a mandatory part of training programs for global companies. I can't believe there aren't people at Oracle that would have happily collected on it. Or maybe that's what happened here.