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bushisanidiot Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-17-10 10:53 AM
Original message
SEC, Department of Justice expand probe into HP
Go get 'em, President Obama!!

http://finance.yahoo.com/news/SEC-Department-of-Justice-apf-2476951044.html?x=0

"On Friday December 17, 2010, 10:08 am

NEW YORK (AP) -- The U.S. Justice Department and the Securities and Exchange Commission are expanding their probe into possible kickbacks on the part of computer maker Hewlett Packard Co., a regulatory filing says.

The agencies have already been investigating the Palo Alto, Calif. company for possibly bribing authorities in Russia and Germany. Now, the agencies are also investigating similar improprieties in Austria, Serbia, the Netherlands and the Commonwealth of Independent States. The bribes are said to date back 10 years.

No charges have been filed. However, if HP is ever found guilty of violating the Foreign Corrupt Practices Act, it faces a penalty of $500,000 per bribe. Criminal penalties could exceed $2 million.

HP says it is cooperating with these investigations."
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hobbit709 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-17-10 10:55 AM
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1. 10 years, wasn't Fiorina still at HP then?
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Angry Dragon Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-17-10 11:05 AM
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2. bush sr and baker just paid a bribe
to get their buddy off from bribery charges
Something here is making my head hurt

I guess if ex presidents do illegal acts it is perfectly okay
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