Former Deputy Attorney General George Terwilliger III '78 spoke on a panel about the Justice Department's new guidance for complying with the Foreign Corrupt Practices Act. Terwilliger argued that companies that make a strong effort to educate employees about anti-corruption procedures and put mechanisms in place to try to stop bribery before it occurs are not given enough credit by the department when enforcing the statute.
"I'll take the position that companies are not sufficiently rewarded, or at least not sufficiently rewarded with sufficient certainty, as they should be for undertaking that kind of conduct."