Jeffrey Harfenist


Articles:

  • Wednesday, August 5, 2009
    Mexico has recently topped the news as a result of widespread violence and corruption within the government. It is speculated that the violence is the natural response to increasing efforts by the Mexican government to confront home grown corruption. The reports relate largely to corruption associated with the drug trade, but the issue goes deeper than...
  • Saturday, November 1, 2008
    The causes of this economic crisis are myriad: the Community Reinvestment Act; subprime loans; extremely low interest rates; adjustable rate loans; over-building; loan defaults; predatory lending; auction-rated securities; bank deregulation; the failure of the auctions; securities fraud; complex derivatives; Wall Street; Main Street; the Federal Reserve;...
  • Monday, September 1, 2008
    Nothing keeps in-house counsel up at night like uncontrollable risk. Nothing keeps a CEO up at night more than a significant investment sold to the board based on carefully considered risks and returns over which he or she has little control. International trade is a reality. Companies that are not in this game will eventually fall by the wayside. The...
  • Sunday, June 1, 2008
    Last fall, we wrote a two-part article in this publication predicting, in part, that more U.S. companies would be implicated and sued by foreign countries and foreign-owned companies in an effort to reduce corruption. These actions are heavily encouraged by international conventions and countries' desires to level the playing field for their domestic...
  • Thursday, May 1, 2008
    Through the centuries of international business, bribing government officials to influence or secure a positive result has been a common and accepted way of conducting business. Until recently, bribes were even tax deductible in France and Germany. Today we enounter a very different story.
  • Thursday, November 1, 2007
    Read Part I of this Article Summary of Part I (Appearing in The October 2007 issue of The Metropolitan Corporate Counsel): The FCPA, a thirty-year-old U.S. statute has received unprecedented attention in recent years. Largely this is due to the tremendous increase in international pressure on foreign countries to begin to reverse the tremendous history...
  • Monday, October 1, 2007
    Read Part II of this Article In 1977 the U.S. passed the Foreign Corrupt Practices Act (FCPA). The FCPA prohibits a wide array of businesses and individuals from bribing foreign officials to obtain a financial benefit in that country. It took over twenty years for the rest of the world to begin to get on board.
  • Wednesday, August 1, 2007
    Editor: Please tell our readers about your practice at UHY. Jaffe: UHY International, one of the world's leading business advisory, consulting and accounting networks, operates in189 offices in 57 countries with 4,500 professionals. In the U.S., UHY Advisors has about 1,500 professionals in 22 cities in various practice areas - business consulting,...