If you are old enough to remember the days of yore when cigarettes were advertised on television, you may remember the phrase “I’d rather fight than switch!” This old adage came to mind when The Man From FCPA read a couple of recent articles that companies in Europe wanted to not only fight the U.S. government on claims of illegal conduct but also attempt to negotiate in public with the U.S. Justice Department over fines and penalties. The first was the Swedish telecom firm, Telia. The second is the venerable German banking giant, Deutsche Bank.
