Siemens in corruption settlement

German industrial giant Siemens has agreed to pay over $1.3 billion to settle charges. Siemens is charged with bribery and falsifying its books. As part of the settlement, Siemens will still be able to bid for government contracts in the US. Once again, I feel that this is more of a slap on the wrist for this huge company than a true punishment. They got off easy.