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Wal-Mart Scandal 2012

  • Wal-Mart Bribery Probe: Why the Stakes Are So High
    By:
    Monday, 23 Apr 2012 | 11:15 AM ET

    The $24 million in illicit payments Wal-Mart has been accused of making in Mexico amount to roughly two hours’ revenue. But the allegations could become a huge issue for the world's largest retailer.

  • Wal-Mart in Mexico: Bribe or Operating Procedure?
    By:
    Monday, 23 Apr 2012 | 12:45 PM ET
    Walmart Home Office

    "I have no idea how Wal-Mart operates but I do know how Mexico operates," former foreign minister Jorge Castaneda told CNBC's Squawk on the Street Monday.

  • Vast Mexico Bribery Case Hushed Up by Wal-Mart After Top-Level Struggle Saturday, 21 Apr 2012 | 5:06 PM ET
    Walmart Stores

    Confronted with evidence of widespread corruption in Mexico, top Wal-Mart executives focused more on damage control than rooting out wrongdoing,  reports The New York Times.

  • Cramer: Making a Splash Catching a Big Fish 
    By:
    Monday, 23 Apr 2012 | 8:45 AM ET

    The Squawk on the Street team report on the issues facing the Street ahead of Monday's open, and Jim Cramer weighs in on Wal-Mart's alleged bribery investigation in Mexico.

  • Case Could Cost Some Executives Their Jobs Tuesday, 19 Jun 2012 | 1:56 AM ET

    Removing some of those involved in the alleged bribery or cover-up could make it easier to reach an out-of-court settlement with the Justice Department, say experts.

  • Probe Lifts Lid on Culture of Bribery in Mexico Tuesday, 19 Jun 2012 | 1:56 AM ET

    Whether you are the world's No. 1 retailer or a humble street vendor, paying public officials a bribe may be the quickest way to get your business growing in Mexico.

  • Company Statement in Response to Charges Saturday, 21 Apr 2012 | 5:00 PM ET

    Below is the statement released by Walmart Saturday in response to the report in the New York Times on the alleged action Walmart took in a bribery case in Mexico.

  • Wal-Mart's Culture & Border Bribery  Monday, 23 Apr 2012 | 8:02 AM ET

    CNBC's Michelle Caruso-Cabrera and Scott Cohn provide the latest details on Wal-Mart's efforts to make a bribery case go away and the crackdown on foreign corruption. Also, a look inside Wal-Mart's culture, with CNBC's David Faber.

  • Wal-Mart's Hush-Hush Scandal  Monday, 23 Apr 2012 | 7:45 AM ET

    Jacob Frenkel, former SEC enforcement attorney, discusses the consequences Wal-Mart could face following allegations it tried to cover up a bribery investigation in Mexico.

  • What the Case Means for Management  Monday, 23 Apr 2012 | 6:02 AM ET

    Did Wal-Mart's Mexican division orchestrate a campaign of bribery to grab market dominance? Jeffrey Sonnenfeld, Yale School of Management weighs in on the investigation.

Special Report

Slideshows

  • Inside the Controversial Powerhouse Wednesday, 9 Sep 2009 | 2:14 PM ET
    CEO Mike Duke says Walmart current expansion is just the beginning. Duke: “As a matter of fact – many of the urban markets across the United States I hear from say..”Why don’t you have a Walmart that I can shop at? Why can’t I have one in my town?”David Faber:  "What’s the answer?"Duke:  "We’re coming."

    CNBC investigates whether new leadership, aggressive green policies and a full-scale store overhaul signify real change for Walmart.

  • 10 Corruption Hot Spots
    By:
    Wednesday, 22 Feb 2012 | 12:20 PM ET
    Corruption is a major issue in both developing and developed nations, with the potential to stunt economic growth and scare away investment. But which major countries are the most corrupt? Transparency International, a global organization that advocates against corruption, comes out with a (CPI) every year. The index ranks 183 countries “according to their perceived levels of public sector corruption.” At the bottom of the most recent list are North Korea and Somalia — both received a score of 1

    Corruption is a major issue with the potential to stunt economic growth and scare away investment. Which major countries are perceived as the most corrupt?

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