Abstract
The most disquieting effects of white collar crime lie in the betrayal of trust by practitioners in such hallowed institutions as medicine, law, religion, and other exalted professions. These highly rewarded and regarded guilds require deep and extensive training and preparation. The professions are marked by the loftiest moral aspirations and are characterized by their devotion to altruism. The rest of us surrender our treasures, our persons, and our hopes to the ministration of these talented and privileged experts.
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Notes
The revelations, scandal, trial, and conviction of the CEO and associates played out over many months and was widely reported in the nation’s press, news magazines, and other periodicals. (See, e.g., “Ex- United Way Leader Gets 7 years for Embezzlement.” The New York Times, June 23,1995.)
The internal strife, scandals, settlements, removal of officers, and elections of the NAACP resulted in wide press coverage over many months in 1994–96. At the end the organization was badly shaken and trying to find its footing. (See, e.g., “N.A.A.C.P. Audit Shows Lavish Spending, Members Say,” The New York Times, July 13, 1995, and “Fund Raiser Sues N.A.A.C.P. for $4 Million.” The New York Times, June 22,1995.)
It has been estimated that medical fraud may consume as much as 10% or more of the nation’s health bill. Problems at our educational institutions have dotted both national and local press coverage. (See, e.g., “Bribes for Doctors.” The New York Times, October 15,1995, and “Rivals Call Out Troops in Different Drug War,” The New York Times, November 11,1995.)
“Najarian’s Image Poses Tricky Legal Challenge.” Minneapolis Star- Tribune, January 14,1996.
Cited from various accounts in the Minneapolis Star-Tribune in 1995.
Reported in the Minneapolis Star-Tribune and other local papers in 1995.
The institution and its members were the subjects of investigations and commentary relating to academic dishonesty as well as internal problems of a threatening and criminal nature.
“In a Coma 10 Years, Woman, 29, Is Pregnant after Rape.” The New York Times, January 25,1996.
“Genentech and Caremark Executives Acquitted.” The New York Times, October 4,1995.
Genentech Ousts Chief Over a Loan Guarantee Bid. The New York Times, July 11,1995.
“Caremark to Pay 161 Million in Fraud Settlement.” Minneapolis Star- Tribune, June 17,1995.
Halcion is a prime example, as was thalidomide, of the dangers involved in caving in to consumer demand before prudent trials and analyses are undertaken and documented. England banned Halcion, while the President of the United States was taking it and directing the fortunes of the world’s most powerful nation.
“Phar-Mor Founder Gets Long Sentence.” The New York Times. December 2,1995.
The Empire Blue Cross scandal was the subject of extended hearings by the New York State legislature and was frequently mentioned in New York Times reports.
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© 1996 Tony Bouza
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Bouza, T. (1996). Whom Can You Trust?. In: The Decline and Fall of the American Empire. Springer, Boston, MA. https://doi.org/10.1007/978-1-4899-6034-4_4
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DOI: https://doi.org/10.1007/978-1-4899-6034-4_4
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