the.com/bribery
the world's oldest negotiation tactic, just with worse paperwork and better lawyers
means The act of offering, giving, or receiving something of value to corruptly influence the actions of someone in a position of trust or power.
from From Middle English and Old French *bribe*, which originally meant a piece of bread given to a beggar — a scrap of charity. Over time the sense soured: the handout became a hand-out for favors, the morsel became a payoff. By the time the word settled into English law, *bribery* had traded its almsgiving innocence for something quietly criminal, the gift that always expects a return.
- ancient roots
- Code of Hammurabi banned it nearly 4,000 years ago
- cost
- corruption drains over a trillion dollars yearly
- slang origin
- comes from French for a piece of bread
- legal cousin
- lobbying is bribery that filed the right forms
fifa corruption scandal — 2015 indictments of 14 fifa officials for bribes totaling over $150 million in world cup hosting votes
carlos salinas de gortari — mexican president (1988-1994) whose brother was convicted of money laundering from drug trafficking bribes
siemens ag scandal — 2008: german industrial giant paid $1.6 billion in fines for systematic bribery across 190 countries
wells fargo fake accounts — 2016 revelations that employees created 3.5 million unauthorized accounts through fraudulent incentive schemes