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Much ado about bribing

24 April 2012 By Raul Gallegos

Wal-Mart’s Mexican unit saw more than $7 bln of market value vanish on allegations that its former boss authorized $24 mln of bribes. This looks like an over-reaction. Not only do Mexican authorities have bigger fish to fry, Walmex has no need to grease palms to keep growing.

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