Abstract

White-Collar Crime Is Big Business

Green, Mark | June 8, 1985 issue

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The article focuses on white-collar crime in the U.S. Corporate illegality usually escapes major media attention, until its tawdry existence is rediscovered in a spate of shocked headlines, as though it were a new form of Legionnaires' disease. Such was the case in the past month, when an apparent corporate crime wave dominated the front pages. Paul Thayer, former chair of LTV, is sentenced to four years in jail for perjuring himself to a Federal commission over insider trading activities. General Electric admits it has defrauded the Pentagon by passing on bogus costs.

See Also:

WHITE collar crimes; COMMERCIAL crimes; FRAUD; LEGIONNAIRES' disease; CRIMINAL law; UNITED States
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