Whether the government's war on corporate crime has made the boardrooms of America more virtuous is much debated.
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AMERICA'S war on corporate crime has been going well lately, with the convictions of Conrad Black, Joe Nacchio and now Greg Reyes.
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Laws on corporate crime often make the accountability of individuals insufficiently clear.
Corporate crime at the C-level is an act of opportunity and hubris.
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Mr Ebbers is the biggest catch so far from the spate of corporate crime that was exposed as the tech boom turned to bust.
One way to help potential victims of corporate crime is to give employees more power to diversify their 401(k) plan and not get stuck with a rotten nest egg.
Corporate crime remains rampant and a costly problem for businesses worldwide, despite heavy spending, tough new laws and technological countermeasures aimed at stamping it out, according to a survey being released this morning by PricewaterhouseCoopers.
Halliburton Co. has hired Bush family lawyer James Doty to investigate allegedly corrupt payments made in Nigeria at a time when Vice President Dick Cheney was CEO of the company, the Corporate Crime Reporter has learned.
Thus, as the Court announced the dawn of corporate criminal liability in Americawith an embrace of tort law, it simultaneously signaled to generations of prosecutors that arguments of necessity and public policy would, in the realm of corporate crime at least, carry great sway.
Potential attacks could come from foreign intelligence services, rogue nations, organized crime, corporate spies, terrorists, disgruntled employees or casual thrill-seekers.
This study, by far the most thorough of its kind, makes sobering reading for anyone who worries about the link between financial crime and corporate secrecy.
When corporate security realized they had a possible crime on their hands, the man had left the terminal for his re-booked flight, police said.
But the damage done -- bad morale, poor teamwork, ineffective execution of strategy -- can be difficult to quantify on corporate bottomlines, unless the psychopath veers into actual crime.
Companies often pay up and shut up, computer experts say, rather than report the crime and garner publicity that may hurt their corporate reputation.
Away from the tourist trail, the District still contains some blighted neighborhoods where crime and disorder discourage business and leave residents starved for corporate attention.
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"Even in a corporate fraud context, you could certainly have a rogue employee who committed some crime but the higher-ups are not criminally culpable, " he said.
Botswana also boasts lower corporate taxes, an absence of exchange controls, simpler labour laws and little of the violent crime that prompts South Africans to fit their cars with alarms, satellite tracking devices and even flame-throwers.
The typical corporate crook has no prior convictions, will never again be put in a job where he can repeat the crime, and is usually a promising candidate for rehabilitation.
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