Decline: U.S. slips out of list of 20 least corrupt countries

The United States fell to 22nd from 19th last year, with its CPI score dropping to 7.1 from 7.5 in the 178-nation index, which is based on independent surveys on corruption…

Nancy Boswell, president of TI in the United States, said lending practices in the subprime crisis, the disclosure of Bernard Madoff’s Ponzi scheme and rows over political funding had all rattled public faith about prevailing ethics in America.

“We’re not talking about corruption in the sense of breaking the law,” she said. “We’re talking about a sense that the system is corrupted by these practices. There’s an integrity deficit.”