Criminal Prosecution Cleaning Up Corporate America essays

Criminal Prosecution Cleaning Up Corporate America essays 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 ...