Bloomberg Exposes Koch Brothers

dataThe radical commies at Bloomberg have published a sweeping expose of the Tea Party-funding behemoth Koch Industries, claiming that standard practice at the company includes bribing government officials around the world, secretly selling technology to Iran, and general contempt for the legal and ethical constraints by which people normally operate:

In May 2008, a unit of Koch Industries Inc., one of the world’s largest privately held companies, sent Ludmila Egorova-Farines, its newly hired compliance officer and ethics manager, to investigate the management of a subsidiary in Arles in southern France. In less than a week, she discovered that the company had paid bribes to win contracts.

“I uncovered the practices within a few days,” Egorova- Farines says. “They were not hidden at all.”

She immediately notified her supervisors in the U.S. A week later, Wichita, Kansas-based Koch Industries dispatched an investigative team to look into her findings, Bloomberg Markets magazine reports in its November issue.

By September of that year, the researchers had found evidence of improper payments to secure contracts in six countries dating back to 2002, authorized by the business director of the company’s Koch-Glitsch affiliate in France.

“Those activities constitute violations of criminal law,” Koch Industries wrote in a Dec. 8, 2008, letter giving details of its findings. The letter was made public in a civil court ruling in France in September 2010; the document has never before been reported by the media.

Egorova-Farines wasn’t rewarded for bringing the illicit payments to the company’s attention. Her superiors removed her from the inquiry in August 2008 and fired her in June 2009, calling her incompetent, even after Koch’s investigators substantiated her findings. She sued Koch-Glitsch in France for wrongful termination.

Read the rest at Bloomberg

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  • ChristianHypocrite

    Since corporations are people, we’ll be seeing them in jail, right America?

  • ChristianHypocrite

    Since corporations are people, we’ll be seeing them in jail, right America?

    • Mamagriff50

      You will never see the Koch brothers in jail…sad to say. Money talks, they probably have hundreds of lawyers if not thousands, I can’t even afford 1. A nd there age…..By the time any case against them went to court they’ll be dead, atleast we can hope for that. lol

      • Butter Knife

        It almost sounds as though you don’t believe there is any point in their being tried by 12…

        • Redacted

          Tried by 12, shot by 5, carried by 6. All has its own point and significance.

      • Anarchy Pony

        In jail? I’d rather see them hanging from one of the trees they would have had made into toilet paper.

  • Mamagriff50

    You will never see the Koch brothers in jail…sad to say. Money talks, they probably have hundreds of lawyers if not thousands, I can’t even afford 1. A nd there age…..By the time any case against them went to court they’ll be dead, atleast we can hope for that. lol

  • Mr Willow

    “I uncovered the practices within a few days,” Egorova- Farines says. “They were not hidden at all.”

    Isn’t that just the most depressing aspect of this? All their crimes are right out in the open, and everyöne with the capability to do anything about it turn a blind eye. 

  • Mr Willow

    “I uncovered the practices within a few days,” Egorova- Farines says. “They were not hidden at all.”

    Isn’t that just the most depressing aspect of this? All their crimes are right out in the open, and everyöne with the capability to do anything about it turn a blind eye. 

  • Butter Knife

    It almost sounds as though you don’t believe there is any point in their being tried by 12…

  • emperorreagan

    I could take this two ways:
    1. The worst offenders will be outed and offered as sacrificial lambs by the plutocratic class 
    or 
    2. The plutocrats have recognized that the idiocy supported by these guys is enough to truly incite the sort of class war they fear.

  • emperorreagan

    I could take this two ways:
    1. The worst offenders will be outed and offered as sacrificial lambs by the plutocratic class 
    or 
    2. The plutocrats have recognized that the idiocy supported by these guys is enough to truly incite the sort of class war they fear.

  • Wanooski

    In jail? I’d rather see them hanging from one of the trees they would have had made into toilet paper.

  • http://buzzcoastin.posterous.com BuzzCoastin

    Nothing will come of this, except some books will get sold and a few people will comment about the injustice of it all; then, after a few daze of indifference, the Coke’s will be back on easy street.

  • BuzzCoastin

    Nothing will come of this, except some books will get sold and a few people will comment about the injustice of it all; then, after a few daze of indifference, the Coke’s will be back on easy street.

  • Anonymous

    Tried by 12, shot by 5, carried by 6. All has its own point and significance.

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