Qualcomm started the current fiscal year with a bang, reporting $4.68-billion revenue with $1.4-billion in profits, but one thing mentioned in the Qualcomm report was troubling. It turns out that the United States Attorney’s Office and the Department of Justice has initiated an investigation regarding compliance with the Foreign Corrupt Practices Act.
Will the regulators find enough to launch an official indictment? It’s too early to tell. But that’s precisely the sort of thing Laura Duffy ought to be most concerned with, despite the elevated decorum (or the lacking decorum) of recent political outings. For example, the fundraiser held at Irwin Jacob’s La Jolla house. “Fighting Bob” Filner is the right choice for mayor of San Diego. And Bob has a right to trace his political lineage to Martin Luther King, Jr. He’s the real deal!
—Richard Thompson
Alumnus ‘83
