Thread: Corruption in Argentina
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Results 31 to 45 of 94
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04-23-13 21:50 #64
Posts: 751Mongers-.
RL is being prosecuted in the US because their stock is traded on the NYSE and they are in violation of the Foreign Corrupt Practices Act, which makes it illegal for US-listed companies to bribe foreign officials.
Suerte,
Rock Harders.
Originally Posted by Canardly [View Original Post]
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04-23-13 18:29 #63
Posts: 911Originally Posted by Canardly [View Original Post]
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The Following User Says Thank You to Gandolf50 For This Post:
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04-23-13 18:06 #62
Posts: 70Wtf?
Oddest of all is why are they being charged in the US instead of in Argentina where presumably the "crime" took place.
It's standard operating procedure for US prosecutors to shake down taxpayers to avoid court, runs like the protection rackets of old.
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04-23-13 17:49 #61
Posts: 416Originally Posted by Canardly [View Original Post]
Although even odder that they can then pay a bribe, no, sorry, "a fine", to _avoid_ the prosecution.
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04-23-13 12:49 #60
Posts: 70Business as Usual the World Over
WTF? Ralph Lauren pay a few hundred thou to facilitate importation to Argentina and they're prosecuted in the US?
Should have made political contributions in the US as well.
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04-23-13 11:46 #59
Posts: 264I clearymsaid we expats earning in pesos can't wait for her to go
Originally Posted by Gandolf50 [View Original Post]
I hope that is clear enough.
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04-23-13 10:48 #58
Posts: 35Here's another example of business in Argentina:
http://en.mercopress.com/2013/04/23/...ing-surcharges
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04-22-13 21:57 #57
Posts: 416Originally Posted by PickCherry12 [View Original Post]
Ha, ha! There's some good old American justice for you!
:winky:
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04-22-13 21:40 #56
Posts: 3040Cheaper in the USA Anyway.
Originally Posted by PickCherry12 [View Original Post]
The building is closed as the Ralph Lauren Shop. Spectacular!
That street is or was full of high-end shops but most of them have left:
Armani.
Ralph Lauren.
Hermes?
Louis Viton?
Empty Shops or replaced by some very optimistic fools or money launderers.
TL.
Oh what a cat-house the Ralph Lauren Pad would make!
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04-22-13 18:50 #55
Posts: 69Ralph Lauren admits bribery at Argentina subsidiary
Ralph Lauren Corp. has agreed to pay $1.6 million after finding that its subsidiary in Argentina repeatedly bribed customs officials, federal authorities announced Monday.
http://money.cnn.com/2013/04/22/news...auren-bribery/
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12-18-12 13:44 #54
Posts: 39Originally Posted by Gandolf50 [View Original Post]
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11-10-12 19:38 #53
Posts: 3510Thank you, Sidney, for just posting the link. It's much better!
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11-09-12 17:41 #52
Posts: 1099But the streets look really deary.
I was walking on the street yesterday in CF. All the shops look so old. Selling old cameras, stupid handbags and shoes for 900 pesos, the mall in Alto palermo is a junk yard. Its shocking that the country is lagging behind so much compared to other countries of South America.
I am curious, how this compares to prices & quality of what is available in other countries of South America.
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11-09-12 15:45 #51
Posts: 911Originally Posted by Mpexy [View Original Post]
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11-09-12 14:57 #50
Posts: 428Originally Posted by Gandolf50 [View Original Post]
But your levis example is bit odd. If your budget is such that the prices you mentioned are a difficulty, why even include levis? You can buy much cheaper local brand jeans as a barometer of how far your peso budget stretches. Comparing local living costs against an imported item like levis is like saying it's costly to live in california because you compared the imported chianti wine prices rather than local napa / sonoma wines.