Tuesday, July 17, 2012
Investigation into Sheldon Adelson
Rachel Maddow reports on a US Dept. of Justice investigation into Adelson's alleged violation of the Foreign Corrupt Practices Act (FCPA). Adelson's company, in order to get an IPO on its Macau casinos, allegedly bribed a public official to help them do so. Even the company's own lawyers saw it as bribery and a likely violation of the FCPA, but those who expressed this opinion were fired, including a CEO. The company proceeded with the alleged bribe and got the IPO. Adelson himself in personally implicated. He is "donating" at least $100 million to Romney's campaign and has claimed his contributions could be "limitless." We see how he does business so we know the kinds of things he'll expect from his paid lackey, his investment likely buying him at most a slap on the wrist. See Rachel's report for the exacting details.