As a shareholder you should be very happy with American companies. All most all the companies based out of USA and doing business in India have been very good for the shareholders..
Then you hear about their great internal rules and regulations that they get prosecuted for bribing (even abroad). Fine. So you know that Boeing paid bribes, Walmart paid bribes….etc. etc. Citibank of course takes the cake. It must have paid fines in all the 150 countries where it operates, and in all currencies of the world !!
Then you hear about Worldcom or Arthur Anderson or….or…and and ….the list is really endless. Of there is ADHD. And doctors who prescribe medicines for non existing illnesses…the list goes on and on…Then they talk about ethics, standards, American values,..very good
Then you hear about MORE pharma companies. They are the pits. 8/10 pharma companies have been prosecuted / punished / fined sometimes in their life time….and they have paid mammoth fines without torpedoing their balance sheet…read this
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