Friday, January 11, 2013

Longread #232 -- Walmart in Mexico -- 1/11/13

This is one of a two-part story about corrupt business practices by Walmart in Mexico. It's unnerving not only because of the corruption itself but also because of the way that it has been handled internally by Walmart. Even though the company had promoted more robust ethical standards, key company leadership nevertheless failed to follow these standards when push came to shove.

I definitely recommend the companion piece to this article that goes into more detail about how Walmart peddled influence in Mexico.

"Vast Mexico Bribery Case Hushed Up by Wal-Mart After Top-Level Struggle" by David Barstow
Published in the New York Times, April 21, 2012
http://www.nytimes.com/2012/04/22/business/at-wal-mart-in-mexico-a-bribe-inquiry-silenced.html?pagewanted=all&_r=0

Eric

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