CHAPTER 13- PRIVILEGED DEVIANCE

CHAPTER 13- PRIVILEGED DEVIANCE - CEO of Tyco White Collar...

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CEO of Tyco White Collar Criminal
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Spent $60 billion to buy 200 major corporations from fire alarms to diapers His company took in $36 billion in sales Paid himself $300 million Eye To Eye: Dennis Kozlowski - Truveo Video Search
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Privileged Deviance Highly profitable Occurs among privileged people, rich and powerful Divided into: 1. White-collar 2. governmental
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White Collar Deviance Occupationally related and carried out during the course of the offender’s occupation is “white collar” as opposed to “blue collar” YouTube - Blue Collar Comedy Tour Rides Again " I Believ The economic deviant is a respectable, high status person ranging from business managers and executives
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White Collar Crime What distinguishes the commission of white collar crime from the commission of blue collar is more than the act itself White collars commit crime with skill and sophistication Resources and power Respected for avoiding detection, prosecution or conviction
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White Collar Crime If Blues try to commit the same act( they usually don’t) they cannot do it in the same way. Blues more likely to get caught Corporate Deviance is when the CEO commits a crime on behalf of their corporation to earn more money White collar deviance includes not only criminal but non-criminal-civil offense
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Corporate Deviance Takes place in corporations Carried out by executives for their companies Divided into four major types 1. Deviance Against Employees: Corp. negligent about an employees health and safety OSHA-Occupational Safety and Health Admin Est. to enforce safe workplace law
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3 Reasons for Corp. Deviance Profit maximization-inclined to ignore health hazards because it will eat up profits Corp. structure-executives focus on how great a profit they will derive in the short term vs. in 20 years (don’t consider the long-term effect) Gov't reluctance to take action against offending corporations-negotiate and persuade vs. threats and Usually get the corp. to correct discrepancies
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Corporate Deviance Govt. cutting back on OSHA personnel Legislation prohibits employees suing fro negligence Employees need to prove the injury was intentional
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Deviance against Customers Dangerous Food-Selling of adulterated or contaminated food, unsafe meat(e.coli), Hormel selling “reconditioned meat”, additives to preserve meat have cancer causing agents. Unsafe products-profit motive to sell unsafe cars, drug, tobacco, etc. FDA is the watchdog for food and drug. (I.E. Dow-Corning Breast implants)
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Deviance Against Customers Fraud -Fake practices in insurance, real estate, banking and securities IE: Savings and Loans in the 1980’s-cost taxpayers $1.4 trillion Illegal non-banking activity-concentrating investment in one high risk area w/o a marketability study (construction)
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Fraud Collective embezzlement- using ownership of an S&l to steal depositor’s money(“Best
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CHAPTER 13- PRIVILEGED DEVIANCE - CEO of Tyco White Collar...

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