Toxic Transactions

There was a time when making pay-offs and buying contracts seemed like a good idea to the people who ran large corporations, but in 1977 the U.S. government pass the Foreign Corrupt Practices Act making it a crime for U.S. companies and foreign companies with a connection to the U.S. to pay foreign officials to obtain or retain business.

Toxic Transactions is a documentary-styled training video produced for TRACE International to expose and highlight the widespread problems of bribery and extortion faced by multi-national corporations, especially in their global operations. The video was used to educate corporate leaders about the destructive and corrosive practice of giving bribes to get business deals done; the damage such illegal payments does and has done to individual firms, and how corporate personnel can avoid getting lured, or extorted, into participating in such illegal activities.

TRACE International is a non-profit research and educational organization sponsored by some of this country's largest corporations including NBC's parent company, General Electric. TRACE's mission is dedicated to insuring ethical practices in the conduct of commercial transactions.

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