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Kickbacks

Categories: Trading, Ethics/Morals

It's a dark wharf at midnight. Suddenly, a car squeals up by the water's edge. A man in a suit gets out and hands over a briefcase full of cash. The man? He's an executive with a big company.

The next day, he benefits from a deal that's harmful to another company. The guy representing the other company? He looks an awful lot like the guy who left at midnight with a case full of moolah.

Bad guy #2 basically accepted money under the table to make a deal go a certain way. It's completely illegal in corporate America... but it still happens. 

Find other enlightening terms in Shmoop Finance Genius Bar(f)