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Wal-Mart shaken by bribery probe, shares plunge
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Apr 23, 2012
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<p><a href="http://news.yahoo.com/wal-mart-probe-could-cost-executives-jobs-034033265--sector.html"><img src="http://l.yimg.com/bt/api/res/1.2/ju5US8OGOyjIXTdrXXeoDg--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2012-04-23T214121Z_4_CBRE83L1JVA00_RTROPTP_2_WALMART-MEXICO.JPG" width="130" height="86" alt="People walk past a Wal-Mart store in Mexico City" align="left" title="People walk past a Wal-Mart store in Mexico City" border="0" /></a>CHICAGO/MEXICO CITY (Reuters) - Wal-Mart Stores Inc lost $10 billion of its market value on Monday on concerns that a bribery investigation in Mexico could be very costly and hinder its plans to grow. In a sign that the problem was widening for the world's largest retailer, two U.S. lawmakers said they were launching their own investigation into allegations in a New York Times article that Wal-Mart de Mexico had engaged in a multi-year campaign of bribery to build its business. ...</p><br clear="all"/>
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