Word: brokenâ
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Laws, however, can be broken???as the law against political contributions in the U.S. has been. So in the end, the responsibility for stopping bribery rests with the chief executives of companies that do business abroad. Says Najeeb E. Halaby, who as head until 1972 of Pan American World Airways resisted both bagmen for Richard Nixon and bribetakers overseas: "The top guy has to set the ethical standards." He is right. Companies may draft codes of ethical behavior forbidding bribery, as many are doing now, but those codes are unlikely to be observed unless the chief lets it be known...
...become again Owen Cosby Philipps, 1st Baron Kylsant of Carmarthen. His sentence of one year, for sponsoring a misleading stock prospectus, had begun last November, was shortened for good behavior. The towering baron?he is 6 ft. 7 in. long but last week looked bowed and broken??? was met by Lady Kylsant who escorted him by motor first to their May fair home, thence to their Welsh estate at Coomb Llangain, Carmarthen, where loyal villagers had erected a laurel arch. Some 40 villagers hooked ropes to His Lord-ship's limousine, towed it at a run through the arch...
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