Mexico

With a corporate culture built on bribery, Walmart was running with plenty to hide

A recent New York Times article exposed how Walmart paid at least $24 million in bribes to facilitate its expansion in Mexico. Wade Rathke of Acorn International wonders whether the same system has been active in Walmart's work to expand and find a foothold in India where their efforts and others to modify the restrictions on foreign direct investment in multi-brand retail have been huge political issues in recent months, bringing government to a standstill at some points.

A recent New York Times article exposed how Walmart paid at least $24 million in bribes to facilitate its expansion in Mexico. Wade Rathke of Acorn International wonders whether the same system has been active in Walmart's work to expand and find a foothold in India where their efforts and others to modify the restrictions on foreign direct investment in multi-brand retail have been huge political issues in recent months, bringing government to a standstill at some points.