Criminal Prosecution Cleaning Up Corporate America

             The Enron scandal made news around the world and shocked many who used to
             believe that corporate heads could be trusted. While the Enron scandal was
             sensational it was not the first instance of corporate crime nor was it the
             last. For many years corporate crime has been considered a lesser offense
             than other crimes. It has been tagged white collar crime for several
             generations and the prisons which hold the rarely prosecuted offenders are
             more like country clubs than prisons. In more recent years, given the
             magnitude and far reaching affects of scandals like Enron the American
             public has demanded accountability, not only on the part of those who
             commit the crime but from those who make the decision whether or not to
             prosecute those involved. Given the current economic climate in the nation
             concern has grown regarding corporate crime. If Americans are going to see
             a reduction in crime at the corporate level, it will have to support
             criminal prosecution as the most common weapon against it.
             For the past several years the government has gotten more involved in
             President Bush has gone public with the belief that corporate criminals
             need to be sent to jail. In several speeches to America Bush has reminded
             laymen that every time a large scandal is uncovered it has a negative
             impact on the economy and in these struggling times Americans do not need
             avoidable negative elements within the system. According to Bush movers and
             shakers in the corporate world who knowingly falsify financial records of
             their company belong in prison(Gordon, 2002).
             Putting his money where his mouth is Bush has appointed a house committee
             to examine some of the more recent scandals, and one of those examinations
             resulted in subpoenas compelling testimony by top WorldCom officials in the
             "Bush made the remarks in a photo session with Russian President Vla
             ...

More Essays:

APA     MLA     Chicago
Criminal Prosecution Cleaning Up Corporate America. (1969, December 31). In MegaEssays.com. Retrieved 20:55, November 14, 2024, from https://www.megaessays.com/viewpaper/200160.html