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22 ILSA J. Int'l & Comp. L. 367 (2015-2016 )
An Interim Essay on FIFA's World Cup of Corruption: The Desperate Need for International Corporate Governance Standards at FIFA

handle is hein.journals/ilsaic22 and id is 435 raw text is: AN INTERIM ESSAY ON FIFA'S WORLD CUP OF CORRUPTION: THE DESPERATE NEED FOR INTERNATIONAL CORPORATE GOVERNANCE STANDARDS AT FIFA Professor Bruce W. Bean* I. THE INDICTM ENTS...........................................................................367 A. The May 27, 2015, Indictment........................ 367 B. The Superseding Indictment .......................... 369 II. W HAT ISA FIFA ? ............................................................................370 A. FIFA and Corruption.............................. 371 B. Can FIFA Officials Be Subject to United States Criminal Law?.. 371 C. Is FIFA a Cesspit? .............................. 374 Ill. SELECTION OF THE 2018/2022 WORLD CUP VENUES...... ........ 375 A. A Stunning Decision ............................... 376 B. FIFA 's Reaction to Corruption Generally................ 377 C. The Garcia Report................................ 378 D. Charade or Farce? ................................ 379 E. A Perfect Corporate Governance Vacuum................ 383 F. H ow Did We Get Here? ...............................................................384 IV. IMMEDIATE PROSPECTS FOR FIFA-SEvEN DWARVES AND No SNOW WHITE...................................................385 V. CONCLUSION: WHAT IS TO BE DONE?............ ............387 VI. EPILOGUE .................................................392 1. THE INDICTMENTS A. The May 27, 2015, Indictment On May 27, 2015, the United States Department of Justice unsealed a 161-page indictment (the Indictment) in the United States District Court for the Eastern District of New York.' A Brooklyn Grand Jury returned the Indictment against fourteen defendants, current or former officials of F~dration Internationale de Football Association, (FIFA) and five businessmen associated with businesses involved with FIFA. The public filing was coordinated with raids by United States and Swiss officials on FIFA facilities in Miami and at FIFA headquarters in Zurich. Swiss * Professor at Michigan State University College of Law. 1. United States of America v. Jeffrey Webb et al. (2015), (No. 15-CR-0252-RJD).

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