Businesses Push Back On Foreign Bribery Law

Extracted 20OCT2011 from http://www.npr.org/2011/10/19/141473145/businesses-push-back-on-foreign-bribe...

One of the federal government's few success stories when it comes to policing corporate crime in recent years comes from a post-Watergate law called the Foreign Corrupt Practices Act, or FCPA.

Prosecutors have used the law to get more than $1 billion in bribery fines out of huge companies like Siemens and DaimlerChrysler.

But now the U.S. Chamber of Commerce is pushing back: It has hired former Justice Department leaders to make the case that the law is out of date.

Listen to story at http://www.npr.org/player/v2/mediaPlayer.html?action=1&t=1&islist=fal...