Annotated Bibliography: Corporate Crimes

688 Words2 Pages
bulb-icon

Recommended: Analyse two explanations of corporate crime

Annotated Bibliography: Corporate Crimes Are not victimless crimes.
Cooper, Ryan. “The Great Recession never ended.” The Week - All you need to know about everything that matters, THE WEEK, 27 July 2017, theweek.com/articles/714423/great-recession-never-ended.
The main thrust of this article is that underlying causes of the Great Recession, were not solved. The corruption that led to the excesses still remain, the Republican congress has stifled the recovery process with horrible austerity measures that hurt economic growth. Unemployment has dropped to normal levels, but it took the full eight years of the Obama administration to do so and worse, yet the halfhearted reform measures mean that companies are still engaging in the same practices …show more content…

This will be used to present the opposing view of my paper and will allow me to counter the point by point views reflected in the piece, in this way I can demonstrate how the Great Recession was not a random hiccup within a healthy system but the culmination of corporate wrongdoing. On reflection I think the piece gives a lot of ammo for my counter argument and will help refine my focus the fuel for these crimes which is greed.
Legal, Inc. US. “Definition of Corporate Crime.” Corporate Crime Law and Legal Definition | US Legal, Inc., definitions.uslegal.com/c/corporate-crime/.
The article very directly spells out what is a corporate crime as defined by U.S. law. The point of the piece is to establish a basis for the reader to understand what is the nature of the problem, what are its implications as well as what is involved in the process. On reflection this will come into focus after my attention grabber, so that I can start creating supporting bullets that reinforce my thesis statement. Upon further reflection I believe this will go a long way in generating the narrative that takes the reader through the complicated, corporate schemes that are involved in the paper.
Matera, Dirt Diggers Digest, Phil. “17 of the Worst Corporate Crimes of 2015.” AlterNet,

Show More
Related

  • Impact of the Great Recession in Texas and the Rio Grande Valley

    2714 Words  | 6 Pages

    This paper aims to discuss the Short-Term and Long-Term Impacts of the Great Recession and

    Read More

  • Non-Prosecution and Deferred Prosecution Agreements

    785 Words  | 2 Pages

    Just like people, corporations have the capability of committing criminal acts. The Enron scandal in 2001; the Bernard Madoff ponzi-scheme of 2008-2009; both of these examples show that despite internal and external controls, regulations, and oversight, corporations still are a multi-faceted entity that have the propensity to partake in crime. That being true, that criminal entity must be punished and held responsible for their actions. One tool in the prosecutorial tool belt is the use of deferred prosecution and non-prosecution agreements. According to Lanny Breuer, the United States Department of Justice’s Criminal Division, “over the last decade, deferred prosecution agreements have become a mainstay of white collar criminal law enforcement” (Warin, 2012).

    Read More

  • Causes of the 2008 US Recession

    1519 Words  | 4 Pages

    Isidore, C. (2008, December 1). It's official: Recession since Dec. '07. CNNMoney. Retrieved March 4, 2014, from

    Read More

  • The Current Great Recession - Who Is To Blame

    1988 Words  | 4 Pages

    In the midst of the current economic downturn, dubbed the “Great Recession”, it is natural to look for one, singular entity or person to blame. Managers of large banks, professional investors and federal regulators have all been named as potential creators of the recession, with varying degrees of guilt. No matter who is to blame, the fallout from the mistakes that were made that led to the current crisis is clear. According to the Bureau of Labor Statistics, the current unemployment rate is 9.7%, with 9.3 million Americans out of work (Bureau of Labor Statistics). Compared to a normal economic rate of two or three percent, it is clear that the decisions of one group of people have had a profound affect on the lives of millions of Americans. The real blame for this crisis rests on the heads of the managers that attempted to play the financial system through securitization, and forced the American government to “bail out” their companies with taxpayer money. These managers, specifically the managers of AIG and Citigroup, should be subject to extreme pay caps for the length of time that the American taxpayer holds majority holdings in their companies, as a punitive punishment for causing the Great Recession.

    Read More

  • Great Depression vs. The Great Recession

    1439 Words  | 3 Pages

    Waggoner, John. "Is Today's Economic Crisis Another Great Depression?" USA Today. N.p., 4 Nov. 2008. Web. 7 Mar. 2014.

    Read More

  • The 2008 Economic Recession

    1050 Words  | 3 Pages

    Looking back to the Carter and Reagan Administration’s, you can begin to see where the Recession originated from. Prior to the Reagan administration, the United States economy experienced a decade of rising unemployment and inflation. Political pressure favored stimulus resulting in an expansion of the money supply. Reagan wanted to increase defense spending while lowering taxes, Reagan's approach was a departure from his immediate predecessors. Reagan enacted lower marginal tax rates in combination with simplified income tax codes and continued deregulation. During Reagan's presidency the annual deficits averaged 4.2% of GDP after inheriting an annual deficit of 2.7% of GDP in 1980 under President Carter. The real

    Read More

  • Readers Of Mr. Penumbra's 24-Hour Bookstore By Robin Sloan

    194 Words  | 1 Pages

    Readers of Mr. Penumbra’s 24-Hour Bookstore by Robin Sloan should be aware of the impact that the Great Recession had on the story, and its characters. In the first few chapters of the book, it is learned that the main character, Clay, was laid off during the midst of the recession. Employed at the company New Bagel until the recession, he says to the audience, “I was unemployed, as a result of the great food-chain contraction that swept through America in the early twenty-first century, leaving bankrupt burger chains and shattered sushi empires in its wake. (Sloan, 4)” During the recession, many companies weren’t able to pay their employees, and were led into bankruptcy. Companies such as Value City, Bennigan’s, General Motors, and even Borders

    Read More

  • The American Dream In Americ The Decline Of The American Dream

    1707 Words  | 4 Pages

    The year is 1946, WWII is over and America was the only nation who’s manufacturing industry was left unscathed. Because of this, along with the worker protections of FDR’s New Deal led to a golden age for the American middle class. At this time nearly anyone can find a decent job, no matter your education, class or experience and live a decent life. This golden age will continue, till 1980 when the 1st Great Recession kicked in (McCleland 550). The combination of other nations rebuilt manufacturing industries, a pattern of poor economic policy, the dismantling of unions, corrupt corporations, new technology, the need for higher education and discrimination will all play a role that lead to

    Read More

  • White collar and corporate crime

    555 Words  | 2 Pages

    Corporate crime is extremely difficult to detect for many reasons. One major reason is that many people do not realise a crime is being committed as corporate crime is often seen as a victimless crime. At face value this may seem to be the case but if you look deeper you will see that this is not true. Every year the FBI estimates that 19,000 Americans are murdered every year compared with the 56,000 Americans who die every year from occupational disease such as black lung and asbestosis (Russell Mokhiber 2000). Deaths Caused by corporate crime are also very indirect so it can be very difficult to trace the problem to the corporation.

    Read More

  • Positive Statement: Is A College Education Worth It?

    849 Words  | 2 Pages

    December 2007 was the beginning of the Recession, and was by far the most dramatic employment contraction since the Great Depression. The Recession had massive job loss, fallen income for workers,

    Read More

  • Resurgence Of Conservatism

    927 Words  | 2 Pages

    -Nation in worst recession since The Great Depression -unemployment grew, banks failed -some believed tax cuts caused this, but it was Carters “tight money” policies

    Read More

  • Remembering the Frauds at Enron and WorldCom

    2739 Words  | 6 Pages

    "This is why the market keeps going down every day - investors don't know who to trust," said Brett Trueman, an accounting professor from the University of California-Berkeley's Haas School of Business. As these things come out, it just continues to build up"(CBS MarketWatch, Hancock). The memories of the Frauds at Enron and WorldCom still haunt many investors. There have been many accounting scandals in the United States history. The Enron and the WorldCom accounting fraud affected thousands of people and it caused many changes in the rules and regulation of the corporate world. There are many similarities and differences between the two scandals and many rules and regulations have been created in order to prevent frauds like these. Enron Scandal occurred before WorldCom and despite the devastating affect of the Enron Scandal, new rules and regulations were not created in time to prevent the WorldCom Scandal. Accounting scandals like these has changed the corporate world in many ways and people are more cautious about investing because their faith had been shaken by the devastating effects of these scandals. People lost everything they had and all their life-savings. When looking at the accounting scandals in depth, it is unbelievable how much to the extent the accounting standards were broken.

    Read More

  • Literature Review on Fraud/White Collar Crime, Organizations, and Individuals

    1800 Words  | 4 Pages

    Champion, D 2011, ‘White-collar crimes and organizational offending: An integral approach’, International Journal of Business, Humanities, and Technology, vol. 1 no. 3, pp. 34-35.

    Read More

  • The State of Ireland's Economy

    1735 Words  | 4 Pages

    ... were basically led by the promise of a great profit, this false pretense helped people in high authority to be blinded by the chances of certain personal goals so they only cared about continuing their personal and collective growth without analyzing the decisions correctly and understanding the recklessly of there actions, they failed to anticipate that their selfish actions would eventually and inevitably has a severe effect on the Irish economy as a whole and for many individuals who are now jobless as a result. The recession has affected almost everyone and methods must be engaged to punish those who acted irresponsible and learn from our mistakes to protect the future economics solidity of the state.

    Read More

  • Causes and Consequences to the Irish Recession

    1208 Words  | 3 Pages

    Since the turn of the millennium Ireland witnessed unprecedented growth, in stark contrast to the economic hardship of the 1900’s. Ireland became one of the most prosperous countries in Europe during the 2000’s. Times were good for Ireland as unemployment was low, growth and GDP was growing year on year and inflation was constant. In 2008, all this was to change and Ireland witnessed the worst recession in its history. The banking crisis, the construction sector and poor regulation were the major contributors in the Irish recession. A fiscal crisis erupted, NAMA (National Assets Management Agency) was established to secure bad loans in banks, and a EU/IMF bailout was agreed which burdened Irish taxpayers. I will explore the causes and consequences of the crisis in this essay.

    Read More

More about Annotated Bibliography: Corporate Crimes

Open Document