Is Wal-Mart Discreetly Cleaning House?

Former Wal-Mart Stores, Inc. (NYSE:WMT) CEO H. Lee Scott Jr. will retire from the company’s board later this month, continuing what appears to be a pattern of high level executives involved in the retailer’s international division slowly taking their leave in the wake of a major corruption scandal, reports Elizabeth A. Harris for The New York Times.

Wal-Mart allegedly bribed Mexican officials for years

In 2012 The New York Times reported that Wal-Mart Stores, Inc. (NYSE:WMT) had repeatedly bribed Mexican officials to make it easier to expand operations there, in violation of the Foreign Corrupt Practices Act, and that executives at corporate headquarters had been...