U.S. hits French company with record bribery fine - Dec. 22, 2014

A French company has been hit with the largest ever U.S. criminal fine for foreign bribery, the U.S. Justice Department announced Monday.

Industrial conglomerate Alstom (ALSMY) agreed to plead guilty and pay a $772 million for "tens of millions of dollars in bribes" to win business in countries around the world, including Indonesia, Saudi Arabia, Egypt and the Bahamas.

U.S. hits French company with record bribery fine - Dec. 22, 2014