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Compare and contrast white collar crimes and street crimes, while understanding the definition of corporate betrayal.
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| Submitted: Wed Mar 03 2004
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The significance of corporate betrayal has only begun to surface. For years white collar crimes have gone unnoticed and undefined. Many still feel the local murder effects their lives more than the "guy in a suit on CNN." I would like to compare and contrast white collar crimes and street crimes, while understanding the definition of corporate betrayal. Corporate misdoings and scandals have become a staple in the news today. The pictures of the former Tyco CEO dancing at his $2.1 million party for his wife have been sprawled across the evening news. While many Tyco employees have lost their entire life savings the CEO has not lost his two-step. While he is on trial for his role in the Tyco scandals, it is unlikely he will face much jail time, if any. This is a disturbing trend across corporate America; management and boards have betrayed the employees in many,...
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