--- title: "Meaning & Key Takeaway of: the next year, the company released a…" description: "\"“the next year, the company released a terse statement announcing that it had pleaded guilty to defrauding the Canadian government and would pay a $20 ..." image: "https://sms4smile.com/quotes/i/d07/jane-mayer-1031_business_the-next-year-the-company-released-a-ter_2001592.png" --- # the next year, the company released a terse statement… ![“the next year, the company released a terse statement announcing that it had pleaded guilty to defrauding the Canadian government and would pay a $20 million fine. In exchange, the plea agreement called for criminal charges to be dropped against four of the company’s top executives, including…” quote by Jane Mayer](https://sms4smile.com/quotes/i/d07/jane-mayer-1031_business_the-next-year-the-company-released-a-ter_2001592.png) [Download](https://sms4smile.com/quotes/i/d07/jane-mayer-1031_business_the-next-year-the-company-released-a-ter_2001592.png) [Open image](https://sms4smile.com/quotes/i/d07/jane-mayer-1031_business_the-next-year-the-company-released-a-ter_2001592.png) > ““the next year, the company released a terse statement announcing that it had pleaded guilty to defrauding the Canadian government and would pay a $20 million fine. In exchange, the plea agreement called for criminal charges to be dropped against four of the company’s top executives, including DeVos and Van Andel. In 1989, Amway paid an additional $38 million to settle a related civil suit.”” [Jane Mayer](https://sms4smile.com/quotes/author/jane-mayer/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Corporate misconduct can be hidden behind legal settlements, but accountability often remains limited for top executives. **In simple terms:** Legal deals can shield leaders. Key Takeaway Push for stricter enforcement. Themes corruption law corporate ethics accountability settlements Mood skeptical concerned Type investigative analytical When to use this quote - business ethics training - whistleblowing - policy reform - public scrutiny Key Concepts white‑collar crime regulation justice Questions to Reflect On - Should executives face personal penalties? - How can regulators improve oversight? A Different Perspective Settlements may not fully deter future fraud. ★ ★ ★ ★ ★ No ratings yet [Amway Paid](https://sms4smile.com/quotes/about/amway-paid-3478692/) [Business](https://sms4smile.com/quotes/about/business/) [Defrauding Canadian](https://sms4smile.com/quotes/about/defrauding-canadian-3478694/) [Guilty Defrauding](https://sms4smile.com/quotes/about/guilty-defrauding-3478695/) [Next year](https://sms4smile.com/quotes/about/next-year/) [Plea Agreement](https://sms4smile.com/quotes/about/plea-agreement-1657266/) [Pleaded Guilty](https://sms4smile.com/quotes/about/pleaded-guilty-1785185/) [Politics](https://sms4smile.com/quotes/about/politics/) ## Related quotes > [“Amway denounced the news reports and threatened to file a $500 million libel suit against the Free Press. But the next year, the company…](https://sms4smile.com/quotes/jane-mayer/amway-denounced-the-news-reports-and-threatened-to-file-a-500-million/) [Jane Mayer](https://sms4smile.com/quotes/author/jane-mayer/) > [You've got David Petraeus who, yes, did, you know, something for which he pleaded guilty.](https://sms4smile.com/quotes/andrea-mitchell/you-ve-got-david-petraeus-who-yes-did-you-know-something-for-which-he/) [Andrea Mitchell](https://sms4smile.com/quotes/author/andrea-mitchell/) > [“If she pleaded not guilty, David said she could suggest that the boy had been the agressor, or maybe it was all some teenage…](https://sms4smile.com/quotes/gregg-olsen/if-she-pleaded-not-guilty-david-said-she-could-suggest-that-the-boy/) [Gregg Olsen](https://sms4smile.com/quotes/author/gregg-olsen/) > [“AS IT TURNED out, Rylann wasn’t quite as good as she’d thought she was. 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It allows two key players in…](https://sms4smile.com/quotes/larry-klayman/the-plea-agreement-negotiated-by-janet-reno-s-justice-department-with/) [Larry Klayman](https://sms4smile.com/quotes/author/larry-klayman/) > [As the festival of lights end, I am wishing you continuous success and luck through the next year of your life.](https://sms4smile.com/quotes/anonymous/as-the-festival-of-lights-end-i-am-wishing-you-continuous-success-and/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) > [Write this: Since my boy is the coach, I'm going to try out for the Dolphins next year. Tight end.](https://sms4smile.com/quotes/shaquille-o-neal/write-this-since-my-boy-is-the-coach-i-m-going-to-try-out-for-the/) [Shaquille O'Neal](https://sms4smile.com/quotes/author/shaquille-o-neal/) > [In mid-May, the House of Representatives approved the full amount of money that the Veterans Administration said was needed for next year - plus…](https://sms4smile.com/quotes/doc-hastings/in-mid-may-the-house-of-representatives-approved-the-full-amount-of/) [Doc Hastings](https://sms4smile.com/quotes/author/doc-hastings/) > [You're never guaranteed about next year. People ask what you think of next season, you have to seize the opportunities when they're in front…](https://sms4smile.com/quotes/brett-favre/you-re-never-guaranteed-about-next-year-people-ask-what-you-think-of/) [Brett Favre](https://sms4smile.com/quotes/author/brett-favre/) > [“Simply put, we tend to repeat our errors. We want to be successful, so we increase our volume and intensity to make the big…](https://sms4smile.com/quotes/dan-johns/simply-put-we-tend-to-repeat-our-errors-we-want-to-be-successful-so/) [Dan Johns](https://sms4smile.com/quotes/author/dan-johns/) > [Fans, you guys are awesome. I could not have made it through this whirlwind of a year without your support and I really hope…](https://sms4smile.com/quotes/jessica-stroup/fans-you-guys-are-awesome-i-could-not-have-made-it-through-this/) [Jessica Stroup](https://sms4smile.com/quotes/author/jessica-stroup/) > [“Several times that day, the name or thought of Papa had come up. And each time, Francie had felt a flash of tenderness instead…](https://sms4smile.com/quotes/betty-smith/several-times-that-day-the-name-or-thought-of-papa-had-come-up-and/) [Betty Smith](https://sms4smile.com/quotes/author/betty-smith/) > [“Guess it didn't go so well, huh?" "What was your first clue?" 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The other thing that's…](https://sms4smile.com/quotes/jane-mayer/what-i-write-about-is-how-much-influence-it-s-had-in-things-like/) [Jane Mayer](https://sms4smile.com/quotes/author/jane-mayer/) > [“Two months into their tenure, Republicans on the House Energy and Commerce Committee also led a crusade against alternative, renewable energy programs. 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