What The World Needs Now Are Better Bribes (Bloomberg Business)

From article: 

The investigation of corruption in FIFA, the governing body of world soccer, has unearthed evidence of rampant vote-buying around the choice of host countries for the World Cup. Court documents suggest Jack Warner, former head of the Confederation of North, Central American and Caribbean Association Football, took $10 million in bribe payments from South Africa to deliver votes for the country’s successful 2010 bid.

That’s a lot of money, certainly enough to support a comfortable lifestyle. Perhaps some of it helped Warner’s alleged co-conspirator Chuck Blazer pay for a $6,000-a-month apartment for his cats in New York’s Trump Tower. But relative to the billions of dollars spent on the World Cup itself, $10 million is a leftover cat treat. In that sense, the World Cup bribery scandal echoes what we know about government corruption in general: The size of the bribes is a small fraction of the value of related contracts and the potential economic impact of corrupted deals.

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