Russia is seriously running out of cash

[Darkis]

Pretty sure this concludes how the Russian people feel about the United Russia party.

Are you kidding? This election was so shamelessly rigged, anyone believing in those numbers should really get his head examined.

[Shibito]

Are you kidding? This election was so shamelessly rigged, anyone believing in those numbers should really get his head examined.

Nah 97.9% isnt rigged all the great states did that, eastern germany north korea russia etc.

[Cybran]

Nah 97.9% isnt rigged all the great states did that, eastern germany north korea russia etc.

Clinton did it just a few months ago.

[Shibito]

Clinton did it just a few months ago.

Clinton won the election allready? Well ill be, guess its no point having the upcoming presidental election then.

[Forogil]

So? If relations are normalized, noone will care - just like noone cared about Saudi Arabian deals with terrorists.

...it's not like companies like German Siemens shy away from kickbacks and bribes if it gets them deals.

I don't see how that is related to the previous statements, it seems more like an attempt to say that there are corruption in all countries - so Russian is no different; which is a usual Russian propaganda tactic; don't fall for that.

The difference is that Siemens has been fined for their bribes - because bribes are illegal, even if done in foreign countries. Some people actually think that losing a couple hundred million dollars in fines makes it a good idea not to bribe (even if not all are caught etc).

[Shalcker]

I don't see how that is related to the previous statements, it seems more like an attempt to say that there are corruption in all countries - so Russian is no different; which is a usual Russian propaganda tactic; don't fall for that.

No, it means "holding your nose for great deals", if not actively embracing opportunities to bribe foreign procurer to pick their company. Profits are everything, and it's not corporate job to root out corruption in other countries, their job is getting profits.

The difference is that Siemens has been fined for their bribes - because bribes are illegal, even if done in foreign countries. Some people actually think that losing a couple hundred million dollars in fines makes it a good idea not to bribe (even if not all are caught etc).

Getting hit with hundreds of millions fines while getting multi-billion deals is great. Did they get fined for more then they had in profits?

And if it gets "found out" a few years later, one taking the hit might be different from the one sanctioning bribe, thus not providing incentive to stop.

[Forogil]

No, it means "holding your nose for great deals", if not actively embracing opportunities to bribe foreign procurer to pick their company. Profits are everything, and it's not corporate job to root out corruption in other countries, their job is getting profits.

No, their job is to maximize profits while followings the laws - e.g. the ones that make bribery in other countries illegal.
Companies have ethics training of employees to avoid getting into trouble.

Getting hit with hundreds of millions fines while getting multi-billion deals is great. Did they get fined for more then they had in profits?

Not yet, but after billion in fines several times they might get the message - or the fines and criminal investigations of officers will increase.

[Shalcker]

No, their job is to maximize profits while followings the laws - e.g. the ones that make bribery in other countries illegal.

Theoretically that should be true. In practice it often isn't.

Remember that Volkswagen emissions scandal as another example? Do you think German regulators were "properly incentivised" to look away (while having plausible deniability)? Or perhaps they just were incompetent? Companies can and do exploit that too.
And if it wasn't for whistleblower they would continue to get away with it by claiming it's just technical glitches and nothing else.
Proving bribes in foreign jurisdiction is also complex process with many hurdles along the way. Most cases take years from event to actual fine, and fines are often in slap-of-the-wrist range.

Companies have ethics training of employees to avoid getting into trouble.

Maybe in US. Corporate culture can be quite different around the world and in different companies. Plus, "ethics" and "profits" have to be weighted against each other, and sometimes profits still win.

Not yet, but after billion in fines several times they might get the message - or the fines and criminal investigations of officers will increase.

Until that happens they'll keep bribing when they think they can get away with it (at least get away long enough to get bonus and then switch jobs).