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October 26, 2010

US Drops Out of Top 20 List of Least Corrupt Nations
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The watchdog group Transparency International says the United States is
no longer in its top twenty list of least corrupt nations. The US fell
from nineteenth to twenty-second in the organization’s corruption
perception index in part due to political funding disputes, the subprime
mortgage crisis and the disclosure of Bernard Madoff’s Ponzi scheme.
This marks the first time the United States has dropped out of the top
twenty. Denmark, New Zealand and Singapore were rated as the world’s
least corrupt nations. Somalia, Burma, Afghanistan and Iraq were listed
as the most corrupt.



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