While looking at the headline of this article, I was wondering why we allow such thing to happen. It appears pretty clear that bribery and lobbying activity is the same thing. Isn’t it?
WASHINGTON (CNNMoney) — Financial industry spending to influence Washington topped $150 million for the second year in a row, with emphasis shifting to regulators of the Dodd-Frank reform law, according to watchdog groups. Read Article on CNNMoney
Posted in Business, Economy, Financial Markets, People, Politics
Tagged Banks, Bribery, Financial Industry, Investment Firms, Lobbyists, Politics, Wall Street
Everyone who saw this press conference and Blatter’s “out-of-the-world” presentation can only come to one conclusion: The man lost it and it is time for change. FIFA is not any country-side soccer club, this organization is in the spotlight every day and has responsibilities that need to be treated on a professional level.
Yesterday’s press conference was ridiculous and those that saw things unfolding during the event couldn’t believe their eyes. Blatter might believe he is pulling the strings within FIFA, in the public’s opinion, latest since yesterday, he is considered a fool that lost his sense for reality. This poor show can’t go on.
On whether there is bribery involved in the choices for the next World Cups or not, has to be seen. In my opinion, I can see Russia as a successful World Cup event, when it comes to Qatar, however, I have serious concerns about a real good World Cup event. A World Cup is also a commercial event and requires more than just a few stadiums. In my opinion, again, Qatar should take a look at such an event as a co-host with someone else. The World Cup 2022 should not be played there and the fact that Qatar was chosen has a bitter taste. Considering everything involved, something seems to be wrong.