Tuesday, March 8, 2016

Climbing Mount Olympu$

After a kick in the a$$:

"Olympus Corp., the nation’s largest distributor of endoscopes and related equipment, will pay $646 million to resolve separate criminal and civil investigations into kickbacks and foreign bribery, company and federal officials announced Tuesday. Olympus said its US unit will pay $623.2 million plus interest to end the kickback case in New Jersey. The company also agreed to a corporate-integrity agreement and the appointment of a monitor. The firm’s Latin American medical business will pay $22.8 million to resolve a separate criminal case in which it allegedly violated the Foreign Corrupt Practices Act. Federal officials said they will drop criminal charges facing both units as part of the deferred prosecution agreement."

Well, that really makes me feel a lot better about saying ah or spreading cheek.