May
2012
Wednesday, October 27, 2010
Dave Graham, Reuters

U.S. sinks to historic low in global corruption index

It's a proud day for Americans. Transparency International said on Tuesday that it's findings show the United States has dropped out of the "top 20" in a global table of least corrupt nations, tarnished by financial scandals and the influence of money in politics.

BERLIN (Reuters) - The United States fell to 22nd from 19th last year, with its CPI score dropping to 7.1 from 7.5 in the 178-nation index, which is based on independent surveys on corruption.

This was the lowest score awarded to the United States in the index's 15-year history and also the first time it had fallen out of the top 20.

Nancy Boswell, president of Transparency International in the United States, said lending practices in the subprime crisis, the disclosure of Bernard Madoff's Ponzi scheme and rows over political funding had all rattled public faith about prevailing ethics in America.

"We're not talking about corruption in the sense of breaking the law," she said. "We're talking about a sense that the system is corrupted by these practices. There's an integrity deficit."

View Transparency International's Corruption Pereceptions Index for 2010

or, download their report

Posted by Editor on 10/27/10 at 08:47 AM •  (0) Comments

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