firehand

Prometheus 6   

Do not make the mistake of thinking that because my conclusion is the same as another person's that my reasoning is the same

October 06, 2003

 

The crimes that cost society the most

Boom trials
The current high-profile courtroom dramas beg the question: Will prosecutions of white-collar crimes change the system?

Carolyn Said, Chronicle Staff Writer

… for many observers, the key question is whether the legal actions signal a change in attitudes and laws governing white-collar crime or whether the defendants are simply sacrificial lambs, being dispatched to assuage public indignation so business can carry on as usual. In many ways, it's too soon to tell. Yes, the cases represent a new wave of increased vigilance, but legal experts are divided about whether they represent a sustainable change or are just window dressing.

"I don't think a lot has changed, to tell the truth," said Gary Reback, an attorney with Carr & Ferrell in Palo Alto who currently represents PeopleSoft in its attempt to fend off Oracle's hostile takeover attempt. "There are certainly interests; large, important, powerful interests who are just as happy to let this blow over after a few people are indicted without really fundamental changes that might make a difference in terms of corporate governance."

Posted by P6 at October 6, 2003 11:35 AM | Trackback URL: http://www.prometheus6.org/mt/mt-tb.cgi/1865
Comments

I was wondering who the hell you think you are telling me that your are going to use my personal info as a personal embarrassment


Posted by at October 24, 2003 01:53 PM 

I'm going to leave this here on the off-chance you come back and tell me what you're talking about.


Posted by at October 24, 2003 01:58 PM 
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