Monday, April 23, 2012

How A Walmart Bribery Fine Could Spiral Up Over $13 Billion


Following our earlier report that it had bribed Mexican officials to speed up store openings, Walmart could face substantial fines from the Department of Justice and Securities and Exchange Commission, according to a Wall St Journal report.
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The big question is: how much will that fine be?

Now remember, the company hasn't been charged with anything yet, so this is is all just theoretical, but...

First estimates from Business Insider put the figure over $5 billion, with the possibility it could hit $13.1 billion…..


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