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August 04, 2014



Quiet cooperation is difficult to reconcile with extradition or disgorgement.
Afaik, it took a very long time to clear up ownership of the Marcos assets in NYC, similarly the fruits of corruption. It is difficult to see how family members living abroad and owning assets abroad could be easily and quietly brought back.
At most, the Chinese could make other countries much more careful vetting wealthy would be immigrants from China. That would be a very long term strategy though.


Either we bite the bullet now, change course and adopt ethical tactics and practices, or we leave our firms, our people, and our livelihoods at the mercy of government caprice.

I like the way this is phrased as a terrible dilemma with no good answer.

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