#13, Aerospace and Defense
Real Scandal: For nearly two decades beginning in the 1950s, Lockheed made a series of illegal payouts to foreign government officials in exchange for aircraft contracts. The scandal, which involved West Germany, Italy, and Japan, was uncovered in 1976 by a Senate subcommittee. The pattern of fraud led Lockheed's chairman and president to resign, and contributed to the 1977 passage of the Foreign Corrupt Practices Act, which established bribing foreign officials as a federal crime.
Charlie Wilson’s War