Concept of too-big-to-fail


Assignment:

Answer any two questions:

1. Edwin Sutherland coined the term white collar crime in 1940. Explain how his original concept and definition changed over time from white collar to corporate and occupational crime. Utilize David Friedrich's later typology of white collar crime (5 types) in your answer.

2. As a white collar crime syndrome, how do organizational offenders represent "business-as-usual" in the culture of corporate capitalism? Use specific examples from the text.

3. In your opinion, how does the banking concept of "too-big-to-fail" contribute to unethical-if not strictly illegal-behavior by financial institutions? Specifically, if "corporations are people," how might they be held criminally accountable?

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Business Law and Ethics: Concept of too-big-to-fail
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