Profit Without Honor : White-Collar Crime and the Looting of America

In the short time that has passed since the previous edition of this book, there have been significant new developments in the study of white-collar crime. Martha Stewart, one of the most iconic women in the history of American business, has been to prison. Former CEO's of WorldCom, Tyco, and Adelphia have been given prison terms so long that they are probably life sentences. And, most recently, the two former crowned heads of Enron have been convicted of multiple counts of conspiracy, fraud, and insider trading. Wal-Mart, the biggest company in the world, has become the second most sued entity in the world-trailing only the U.S. government-with violations ranging from crimes against its own employees, to monopolistic practices, to illegal union busting, to environmental contamination, and much more. These topics, along with newer cases of embezzlement, securities fraud, political corruption, computer scams, and many other offenses are examined in this updated fourth edition. Once again, this book reveals that the battle between profit and honor is as old as human commerce and as elemental as human greed. Book jacket.