BUS670 Week 2 Discussions - Week 2 Discussion 1 Which do...

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Week 2 – Discussion 1Which do you believe presents the greatest threat to civil society: a corporation that commits crimes (e.g., murder,environmental crimes, or bribery, etc.), or persons who commit crimes that harm businesses (e.g., embezzlement,fraud, or larceny, etc.)? Defend your response, using at least one example from current events.
On December 1, 2008, the National Bureau of Economic Research released a statement that the U.S. economy hadentered a recession as of December 2007 (Holt, 2009).Many considered the main cause of this recession to be thebursting of the housing bubble and the credit crisis caused by sub-prime mortgage industry (Holt, 2009).One of themain players in the sub-prime mortgage industry was Countrywide Financial, which was run by founder Angelo R. Mozilo.

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Term
Summer
Professor
HOOLEY
Tags
Tort Law, Subprime mortgage crisis, Product liability, Angelo Mozilo

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