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Why the Wal-Mart bribery scandal comes as a surprise

A carriage sits outside of a Walmart store on March 29, 2011 in Valley Stream, New York.

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Image of The Wal-Mart Effect: How the World's Most Powerful Company Really Works--and HowIt's Transforming the American Economy
Author: Charles Fishman
Publisher: Penguin Books (2006)
Binding: Paperback, 352 pages

The New York Times reports that Wal-Mart's Mexican subsidiary paid millions of dollars in bribes in order to put its stores all over Mexico.

For more on the state of Wal-Mart in Mexico in the wake of this Times piece, we have Charles Fishman, author of 'The Wal-Mart Effect: How the World's Most Powerful Company Really Works -- and How It's Transforming the American Economy' and current resident of Mexico City.

He's here to talk with us for today's Mid-day Extra.

About the author

David Brancaccio is the host of Marketplace Morning Report. Follow David on Twitter @DavidBrancaccio and @MarketplaceTech