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Wal-Mart dogged by bribery allegations in Mexico (What about Auto Zone?)
Market Watch ^ | 23 April 2012

Posted on 04/24/2012 8:28:04 PM PDT by MeneMeneTekelUpharsin

Wal-Mart is alleged to have paid bribes to get stores open in Mexico. Read article at link.

(Excerpt) Read more at marketwatch.com ...


TOPICS: Business/Economy; News/Current Events
KEYWORDS: autozone; bribery; mexico; walmart
One does not approach any official in Mexico and offer bribes. Mexican officials are the ones who approach whomever appears to have money and the OFFICIALS ask for the bribes. Ignorant media here either doesn't know or is covering up that fact.

Also, what about Auto Zone? Auto Zone has enjoyed explosive growth in Mexico and opened stores where no one else could get them open. Wonder how?

1 posted on 04/24/2012 8:28:08 PM PDT by MeneMeneTekelUpharsin
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To: MeneMeneTekelUpharsin

They offered discounts on Sheby parts?


2 posted on 04/24/2012 8:32:00 PM PDT by null and void (Day 1190 of America's ObamaVacation from reality [Heroes aren't made Frank, they're cornered...])
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To: MeneMeneTekelUpharsin

LA MORDIDA


3 posted on 04/24/2012 8:32:11 PM PDT by ThomasThomas ("Well, here's another nice mess you've gotten me into!")
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To: MeneMeneTekelUpharsin

This is all nothing but leftist agitprop.


4 posted on 04/24/2012 8:32:56 PM PDT by editor-surveyor
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To: MeneMeneTekelUpharsin

If you go and review the four Wal-Marts being put into Washington DC...Wal-Mart had to “bribe” various community action groups....to get the permission of the city council to build the stores. Jobs had to be promised “only” to DC residents, which is mostly illegal if you think about it. Various contributions to “charity” community groups also had to be made. One would think that Congress would just start in their own backyard of DC...and dig into bribes there.


5 posted on 04/24/2012 8:33:11 PM PDT by pepsionice
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To: MeneMeneTekelUpharsin

“Ignorant media here either doesn’t know or is covering up that fact.”

Cover up would be my guess.

On the other hand it doesn’t really matter - they’ll spin or fabricate any story to further their agenda (or the agenda of those they wear kneepads for).


6 posted on 04/24/2012 8:35:11 PM PDT by MichaelCorleone (Stop feeding the beast; spend money only with those who support traditional American values.)
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To: MeneMeneTekelUpharsin

Bribes are part of the cost of doing business in Mexico. Corruption is just an everyday fact of life down there.


7 posted on 04/24/2012 8:40:06 PM PDT by goldfinch
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To: MeneMeneTekelUpharsin

Yes,

This is such a nothing story. I mean really, $ 24 million? That’s petty cash to WalMart.

Why American agencies are even going to worry about this is amazing. It didn’t distort Walmart financials to mislead investors and since this happened in Mexico, it’s none of their business. Sould the Mexican government get upset, they won’t, they can take action against WalMart there.


8 posted on 04/24/2012 8:40:21 PM PDT by WildWeasel
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To: MeneMeneTekelUpharsin

Here in the US, bribery is known as campaign donations and super pacs.


9 posted on 04/24/2012 8:41:23 PM PDT by freedomfiter2 (Brutal acts of commission and yawning acts of omission both strengthen the hand of the devil.)
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To: MeneMeneTekelUpharsin

From my contacts with people doing business in Mexico it seems every official has his hand out for “the bite”.


10 posted on 04/24/2012 8:45:31 PM PDT by count-your-change (You don't have to be brilliant, not being stupid is enough.)
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To: MeneMeneTekelUpharsin

They have always bribed in Mexico. That’s how they do business. If the President of Mexico approves they will be in.


11 posted on 04/24/2012 8:46:21 PM PDT by freekitty (Give me back my conservative vote; then find me a real conservative to vote for)
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To: freedomfiter2

And phony corporations like the solar ones.


12 posted on 04/24/2012 8:47:25 PM PDT by freekitty (Give me back my conservative vote; then find me a real conservative to vote for)
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To: goldfinch
Bribes are part of the cost of doing business in Mexico.

Bribes are part of the cost of doing business absolutely everywhere.

Same right here in the US, just there is a more clever system of laundering the bribe before delivery to the taker.

13 posted on 04/24/2012 8:53:12 PM PDT by Navy Patriot (Join the Democrats, it's not Fascism when WE do it and the law is what WE say it is.)
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To: MeneMeneTekelUpharsin

Moral of the story: Business allegedly engages in bribery in Mexico- shocking; ATF funnels weapons to Mexican gang members to kill American border agents- non-story...


14 posted on 04/24/2012 8:58:08 PM PDT by Qbert ("The best defense against usurpatory government is an assertive citizenry" - William F. Buckley, Jr.)
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To: MeneMeneTekelUpharsin

Why am I NOT outraged by this? Isn’t “baksheesh” the way most of the world works?


15 posted on 04/24/2012 9:02:25 PM PDT by montag813
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To: MeneMeneTekelUpharsin

Right. Not just in Mexico, but in most of the world, this is just the way that business is done. There’s no need to “allege” that they made bribes, it goes without saying.


16 posted on 04/24/2012 9:25:26 PM PDT by Boogieman
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To: MeneMeneTekelUpharsin
Wal-Mart is alleged to have paid bribes to get stores open in Mexico.

I'm pretty sure you have to do that to do business in NYC too.

Find someone in Mexico City doing business who doesn't bribe people, and you'll have a news story worth reporting.

17 posted on 04/24/2012 9:28:27 PM PDT by Cementjungle
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To: MeneMeneTekelUpharsin
Sí! Mordida.

Little bites is how they to business in Mexicorruption.

A coincidence that this controversy is happening AND today at a Wal-Mart in Sacramento there were literally about 100 anti-Wal-Mart demonstrators?

IOW Wal-Mart is under attack for "making people poorer" if I remember what a few shouted at me. Sounds like part of the Obama campaign. Probably SEIU.

18 posted on 04/24/2012 9:34:37 PM PDT by WilliamofCarmichael (If modern America's Man on Horseback is out there, Get on the damn horse already!)
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To: Navy Patriot
Same right here in the US, just there is a more clever system of laundering the bribe before delivery to the taker.

I was a naive Southern boy when I got my first "real" job and was flown to Chicago to help man a booth at McCormick Place (back when the Consumer Electronic Show had a summer show there)

Well I may have been naive but the owners were old hands.

I was amazed that we were the first booth that got to tear down and get the trucks loaded to get out of town while others waited hours (and a few, days) until I found out we had bribed the correct Union workers.

Just another reason to hate Unions.

19 posted on 04/24/2012 9:38:11 PM PDT by eddie willers
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To: MeneMeneTekelUpharsin
I'd like to know about "consulting fees" paid by Apple and GM in China.

It's obvious that this is another Wal-Mart bashing to stir up the Dem base.

20 posted on 04/24/2012 10:02:32 PM PDT by VanShuyten ("a shadow...draped nobly in the folds of a gorgeous eloquence.")
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To: eddie willers

“I was a naive Southern boy when I got my first “real” job and was flown to Chicago to help man a booth at McCormick Place (back when the Consumer Electronic Show had a summer show there)

Well I may have been naive but the owners were old hands.

I was amazed that we were the first booth that got to tear down and get the trucks loaded to get out of town while others waited hours (and a few, days) until I found out we had bribed the correct Union workers.

Just another reason to hate Unions.”


I don’t know what year you were there but I was one of the original 12 people in that union - The International Stage Hands Union, a Teamsters union group.

That was in 1966, I think.

Yes, you would have had to pay money to get your preference. If you had just waited...two hours, two days, whatever it would have been cost-free. But anyone who wants to save time, a trucker, an exhibitor, anyone, had to come across with money or merchandise or both.

I’m sure it’s still that way, especially with the Head Union Steward now occupying the White House.


21 posted on 04/24/2012 10:03:18 PM PDT by Rembrandt (.. AND the donkey you rode in on.)
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To: MeneMeneTekelUpharsin

Why resort to bribes when Walmart can just BUY the place?


22 posted on 04/24/2012 10:12:45 PM PDT by jimsin
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To: Rembrandt
But anyone who wants to save time, a trucker, an exhibitor, anyone, had to come across with money or merchandise or both.

This was in the 70's. We also had two hookers on retainer (they were gorgeous Ridge Tool Calender models) for the big hitters from K-Mart etc.)

Being from the South, I had never dealt with Unions before and I got "caught" putting up a first aid kit on the wall of the booth. (requirement for installation....a screw and a screwdriver). I had to quit until some worthless slob finally got around to it.

23 posted on 04/24/2012 10:38:44 PM PDT by eddie willers
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To: goldfinch

Yep, some Fender guitars are Made in Mexico, and operating a factory can’t be easy.


24 posted on 04/25/2012 3:08:06 AM PDT by Son House (The Economic Boom Heard Around The World => TEA Party 2012)
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To: goldfinch
Bribes are part of the cost of doing business in Mexico. Corruption is just an everyday fact of life down there.

You are very knowledgeable about life in Mexico.

25 posted on 04/25/2012 4:19:40 AM PDT by MeneMeneTekelUpharsin (Freedom is the freedom to discipline yourself so others don't have to do it for you.)
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To: MeneMeneTekelUpharsin

In Mexico everyone is corrupt and bribes are a standard business expense. It’s not a secret...it’s publicly known.

Here in the U.S. most everyone in government (on any level) is corrupt (or will be) and “deals” are made behind closed doors and the politicians get wealthy even though they have meager salaries paid to them.

However, no one asks how they got rich. It just happens.


26 posted on 04/25/2012 4:21:00 AM PDT by DH (Once the tainted finger of government touches anything the rot begins)
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To: eddie willers

Yup, my boss did the same thing at the CES at Mosconi Center in SFO. He found the union boss, gave him a $100 bill torn in half. He got the first half for putting our booth up first and the second half for breaking down our booth first.


27 posted on 04/25/2012 5:02:06 AM PDT by Rocinante
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To: goldfinch
Bribes are part of the cost of doing business in Mexico. Corruption is just an everyday fact of life down there.

I think that you are right, many companies do back room deals to get the go ahead. Wal-mart could be, being targeted because it is NOT a union shop.

28 posted on 04/25/2012 5:13:06 AM PDT by 2001convSVT (Going Galt as fast as I can.)
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To: eddie willers

Chicago never got any of the big Comdex computer shows back in the heyday because of the unions. Atlanta and Las Vegas got them. You can’t have union electricians be the only ones to wire up your computers for display.


29 posted on 04/25/2012 5:19:26 AM PDT by FreedomPoster (Islam delenda est)
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To: eddie willers

Chicago never got any of the big Comdex computer shows back in the heyday because of the unions. Atlanta and Las Vegas got them. You can’t have union electricians be the only ones to wire up your computers for display.


30 posted on 04/25/2012 5:19:35 AM PDT by FreedomPoster (Islam delenda est)
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Comment #31 Removed by Moderator

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