Question 1

Which of the following would not be considered an example of state-corporate crime?

Accepted Answer

A)  Deception and fraud committed by a corporation against a government agency 
B)  An endeavor such as Iran-Contra arms involving government personnel and private arms dealers 
C)  Environmental crimes committed in conjunction with U.S. nuclear weapons producers, with the knowledge of government personnel 
D)  Defense contract frauds resulting from a cooperative enterprise between military or political officials and private defense industry contractors 
A)  Deception and fraud committed by a corporation against a government agency 
B)  An endeavor such as Iran-Contra arms involving government personnel and private arms dealers 
C)  Environmental crimes committed in conjunction with U.S. nuclear weapons producers, with the knowledge of government personnel 
D)  Defense contract frauds resulting from a cooperative enterprise between military or political officials and private defense industry contractors

Question 2

What are the defining attributes of state-corporate crime, and what are some good examples of such crime? With regard to one specific example, what were the key elements that produced this state-corporate crime? Why would you anticipate an increase, or decline, in state-corporate crime in the future?

Accepted Answer

State-corporate crime refers to illegal

Question 3

Only German corporations assisted the German Nazi government in their genocidal efforts.

Accepted Answer

A) True 
 B)False

Question 4

It is impossible for whole counties and cities to be victimized by fraudulent 	investment schemes.

Accepted Answer

A) True 
 B)False

Question 5

The practice of violating laws and regulations which, even in the deregulated 1980s, were prohibited for S & Ls, is referred to as:

Accepted Answer

A)  unlawful risk-taking 
B)  defaulting 
C)  looting 
D)  covering up 
A)  unlawful risk-taking 
B)  defaulting 
C)  looting 
D)  covering up

Question 6

Which of the following global crimes was partially financed by the World Bank?

Accepted Answer

A)  CIA involvement in Latin America 
B)  The Great Whale Dam Project in Quebec 
C)  The overthrowing of Chile's democratically elected president Salvador Allende 
D)  The Dam at Pak Moon in Thailand 
A)  CIA involvement in Latin America 
B)  The Great Whale Dam Project in Quebec 
C)  The overthrowing of Chile's democratically elected president Salvador Allende 
D)  The Dam at Pak Moon in Thailand

Question 7

Historically, banks have enjoyed an almost uniformly positive image.

Accepted Answer

A) True 
 B)False

Question 8

The dam at Pak Moon in Thailand is cited in the text as a case of global crime in
which the World Bank was involved.

Accepted Answer

A) True 
 B)False

Question 9

Which of the following can be said with regard to insider trading?

Accepted Answer

A)  It is an odd, impure form of white collar crime 
B)  It is in all respects a modern offense 
C)  It has been prohibited by common law since ancient times 
D)  It should not be prohibited at all, according to some conservative economists 
A)  It is an odd, impure form of white collar crime 
B)  It is in all respects a modern offense 
C)  It has been prohibited by common law since ancient times 
D)  It should not be prohibited at all, according to some conservative economists

Question 10

The World Bank, set up to aid developing nations, has criticized other
international financial institutions for their complicity in crimes of globalization.

Accepted Answer

A) True 
 B)False

Question 11

Total S & L thrift failure losses due to criminal fraud and waste have been estimated at _____, and with interest payments over several decades, the cost of resolving the crisis may eventually exceed:

Accepted Answer

A)  $25 million; $100 million 
B)  $250 billion; $1 trillion 
C)  $250 million; $1 billion 
D)  $2.5 billion; $10 billion 
A)  $25 million; $100 million 
B)  $250 billion; $1 trillion 
C)  $250 million; $1 billion 
D)  $2.5 billion; $10 billion

Question 12

Due to the availability of high-priced legal talent, neither Charles Keating nor any
of the other high-level S & L fraudsters received prison terms.

Accepted Answer

A) True 
 B)False

Question 13

Banks earn large but ethically questionable profits from all but which of the following activities?

Accepted Answer

A)  Requiring excessive balances in escrow accounts 
B)  Diverting unclaimed customer checks and credits into the banks' own accounts 
C)  Requiring customers to pay for blank checks 
D)  Encouraging customers to overdraw their checking accounts 
A)  Requiring excessive balances in escrow accounts 
B)  Diverting unclaimed customer checks and credits into the banks' own accounts 
C)  Requiring customers to pay for blank checks 
D)  Encouraging customers to overdraw their checking accounts

Question 14

State-corporate crime is made possible by the profound interdependence of states
and corporations in the modern world.

Accepted Answer

A) True 
 B)False

Question 15

Which of the following charges was Martha Stewart found guilty of in 2004?

Accepted Answer

A)  Obstruction of justice 
B)  Insider trading 
C)  Tax evasion 
D)  Predatory pricing 
A)  Obstruction of justice 
B)  Insider trading 
C)  Tax evasion 
D)  Predatory pricing

Question 16

Ivan Boesky exemplified a class of investors engaged in buying up stock in companies which were take-over targets, sometimes on the basis of insider information, known as a:

Accepted Answer

A)  longhaul investor 
B)  capital gains speculator 
C)  merger manipulator 
D)  risk arbitrageur 
A)  longhaul investor 
B)  capital gains speculator 
C)  merger manipulator 
D)  risk arbitrageur

Question 17

Which of the following was a principal factor in the government's ability to successfully prosecute a series of insider trading cases?

Accepted Answer

A)  The government's use of computers 
B)  The willingness of insider traders, once caught, to provide information about others in return for some consideration 
C)  The information provided by low-level clerical personnel 
D)  The large amount of money involved in the insider trades 
A)  The government's use of computers 
B)  The willingness of insider traders, once caught, to provide information about others in return for some consideration 
C)  The information provided by low-level clerical personnel 
D)  The large amount of money involved in the insider trades

Question 18

The victims of the BCCI fraud were disproportionately located in Third World
countries.

Accepted Answer

A) True 
 B)False

Question 19

The I.G.Farben executives convicted of crimes against humanity after World
War II received relatively light sentences.

Accepted Answer

A) True 
 B)False

Question 20

The federal bailout of the S & Ls in the early 1990s ensured that no corrupt
special deals could be made.

Accepted Answer

A) True 
 B)False

Which of the following would not be considered an example of state-corporate crime?

Only German corporations assisted the German Nazi government in their genocidal efforts.

It is impossible for whole counties and cities to be victimized by fraudulent investment schemes.

The practice of violating laws and regulations which, even in the deregulated 1980s, were prohibited for S & Ls, is referred to as:

Which of the following global crimes was partially financed by the World Bank?

Historically, banks have enjoyed an almost uniformly positive image.

The dam at Pak Moon in Thailand is cited in the text as a case of global crime in which the World Bank was involved.

Which of the following can be said with regard to insider trading?

The World Bank, set up to aid developing nations, has criticized other international financial institutions for their complicity in crimes of globalization.

Total S & L thrift failure losses due to criminal fraud and waste have been estimated at _____, and with interest payments over several decades, the cost of resolving the crisis may eventually exceed:

Due to the availability of high-priced legal talent, neither Charles Keating nor any of the other high-level S & L fraudsters received prison terms.

Banks earn large but ethically questionable profits from all but which of the following activities?

State-corporate crime is made possible by the profound interdependence of states and corporations in the modern world.

Which of the following charges was Martha Stewart found guilty of in 2004?

Ivan Boesky exemplified a class of investors engaged in buying up stock in companies which were take-over targets, sometimes on the basis of insider information, known as a:

Which of the following was a principal factor in the government's ability to successfully prosecute a series of insider trading cases?

The victims of the BCCI fraud were disproportionately located in Third World countries.

The I.G.Farben executives convicted of crimes against humanity after World War II received relatively light sentences.

The federal bailout of the S & Ls in the early 1990s ensured that no corrupt special deals could be made.

The Discovery of White Collar Crime

Studying White Collar Crime and Assessing Its Cost

Corporate Crime

Occupational Crime and Avocational Crime

Governmental Crime: State Crime and Political White Collar Crime

Enterprise Crime, Contrepreneurial Crime, and Technocrime

Explaining White Collar Crime: Theories and Accounts

Law and the Social Control of White Collar Crime

Policing and Regulating White Collar Crime

Prosecuting, Defending, and Adjudicating White Collar Crime

Responding to the Challenge of White Collar Crime

Filters

Exam 6: State-Corporate Crime, Crimes of Globalization, and Finance Crime

Which of the following would not be considered an example of state-corporate crime?

Only German corporations assisted the German Nazi government in their genocidal efforts.

It is impossible for whole counties and cities to be victimized by fraudulent investment schemes.

The practice of violating laws and regulations which, even in the deregulated 1980s, were prohibited for S & Ls, is referred to as:

Which of the following global crimes was partially financed by the World Bank?

Historically, banks have enjoyed an almost uniformly positive image.

The dam at Pak Moon in Thailand is cited in the text as a case of global crime in which the World Bank was involved.

Which of the following can be said with regard to insider trading?

The World Bank, set up to aid developing nations, has criticized other international financial institutions for their complicity in crimes of globalization.

Total S & L thrift failure losses due to criminal fraud and waste have been estimated at _____, and with interest payments over several decades, the cost of resolving the crisis may eventually exceed:

Due to the availability of high-priced legal talent, neither Charles Keating nor any of the other high-level S & L fraudsters received prison terms.

Banks earn large but ethically questionable profits from all but which of the following activities?

State-corporate crime is made possible by the profound interdependence of states and corporations in the modern world.

Which of the following charges was Martha Stewart found guilty of in 2004?

Ivan Boesky exemplified a class of investors engaged in buying up stock in companies which were take-over targets, sometimes on the basis of insider information, known as a:

Which of the following was a principal factor in the government's ability to successfully prosecute a series of insider trading cases?

The victims of the BCCI fraud were disproportionately located in Third World countries.

The I.G.Farben executives convicted of crimes against humanity after World War II received relatively light sentences.

The federal bailout of the S & Ls in the early 1990s ensured that no corrupt special deals could be made.

The Discovery of White Collar Crime

Studying White Collar Crime and Assessing Its Cost

Corporate Crime

Occupational Crime and Avocational Crime

Governmental Crime: State Crime and Political White Collar Crime

Enterprise Crime, Contrepreneurial Crime, and Technocrime

Explaining White Collar Crime: Theories and Accounts

Law and the Social Control of White Collar Crime

Policing and Regulating White Collar Crime

Prosecuting, Defending, and Adjudicating White Collar Crime

Responding to the Challenge of White Collar Crime

Filters