Abstract The sub-prime mortgage crisis of the United States has grown into a global recession in a few years. As the financial markets themselves face the threat of total dysfunction‚ governments and policy makers across faced a similarly hard decision: spend huge amounts of public money in hope of repairing the damage done or let the markets "work it out" on their own. Keynesian economics started to bloom again‚ fiscal and monetary interventions could be witnessed across the globe. In this
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The Growing Problem of White Collar Crimes in India “The practitioners of evil‚ the hoarders‚ the profiteers‚ the black marketers and speculators are the worst enemies of our society. They have to be dealt with sternly‚ however well placed important and influential they may be; if we acquiesce in wrongdoing‚ people will lose faith in us”- Dr Radhakrishnan Methodology The research methodology used for the present research article is traditional Doctrinal
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severe penalties than white-collar criminals. The distinction between white-collar and street criminals is key because it is uncertain that whether punishment is established at the level of the specific offense or is established generally for all crime types. Before analyzing whether street and white-collar are similar or different‚ a brief overview of the perceptual literature regarding white-collar crimes are first introduced. Examining public perceptions of white collar crimes‚ examiners were
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WHITE COLLAR CRIME Introduction Edwin H. Sutherland defined white collar crime as “a crime committed by a person of respectability and high social status in the course of his occupation” (Benson and Simpson 2009). White-collar crimes and white-collar crime offenders differ from other criminal offenders and offenses for several reasons. The motive‚ the act of concealment‚ intent and the disguise separate white collar criminals from other criminals (Edelhertz‚ 1970). When a common crime such
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Country Focus: Moving U.S. White Collar Jobs Offshore Summary This feature goes to the heart of a debate that has been played out many times over the past half century—the transference of jobs from the United States to lower-wage countries. The difference now however‚ is that rather than blue-collar jobs being transferred‚ the new trend is for white-collar jobs to move‚ jobs associated with the knowledge-based economy. Suggested Discussion Questions 1. Will the United States suffer from the
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JUS-250 Crit. Issues in Criminal Justice White Collar Crime vs. Street Crime: Which Is Worse? A general definition of crime is the wrong doing against public law. Society is plagued by crime whether it’s an assault or embezzlement both are wrong yet the image that comes to mind when defining the concept of a crime is usually a personal assault on someone. Rarely do we think of a CEO of a Fortune 500 company stealing from the business. Society is more exposed to street crime. Not a day goes
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conditions. The types of work include white-collared work and blue-collared work. White-collar work and blue-collar work is reshaping the way we think about their specific skills. According to the article “Managing White-Collar Work: An Operations-Oriented Survey‚” by Hopp in 2009‚ he defines white-collar work as “salaried office workers” or “non-manual laborers”(Hopp‚ 2009‚ p. 2). They characterize white collar work as the “management” type and blue-collar work as “machining”(Hopp‚ 2009‚ p. 2).
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White collar crime and credit card fraud are complex crimes that are generally related to business‚ industry‚ and economic schemes. The U.S. Department of Justice defines white collar crime as a “nonviolent‚ illegal activities that rely on deceit‚ deception‚ concealment‚ manipulation‚ breach of trust‚ subterfuge‚ or illegal circumvention” (Criminal Investigation‚ 11th Edition). Statically these sophisticated crimes are usually committed by caucasian and european men. No matter the circumstances‚
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are some examples of white-collar crime in American history? Some of the earliest examples of white collar crime would be scandals such as the 1920’s Teapot Dome Scandal that involved members of then President Harding’s administration. The Scandal involved the leasing of naval oil reserves without going into the bidding process. Another example would be the S&L scandal of the 1980’s. The amount of money may never be known and the scandal was known as the biggest white collar crime in history. This
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White Collar VS Street September 7‚ 2008 at 5:24 pm · Filed under Uncategorized ·Tagged white collar crime As this week is my turn to do the blog presentation in class‚ I have decided to do my blog entry on my presentation topic! Obviously crime‚ but to be more specific‚ white collar crime. The term “white collar crime” was coined by Edwin Sutherland‚ and was his means of explaining crimes that were committed not because of factors like poverty and unemployment‚ but instead committed because
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