Corporate Cleanup

Paper Summary:

This paper presents a detailed examination of the use of criminal prosecution for the purpose of cleaning up corporate America. The writer uses several examples of criminal prosecution in large corporations to provide evidence of the trend. The writer also discusses the federal government?s stance on corporate crime.

From the Paper:

"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."

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