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This is an excerpt of a
remarkable article by Alice BrightSky, senior director of Fordham Law's compliance
programs
WhyPeople Commit White
Collar Crimes (And How to Stop Them).
… Perpetrators of many
white collar crimes were not career criminals who set out to defraud their
employers, clients, and shareholders, but rather businessmen and women … who
committed criminal acts in response to overwhelming personal pressures.
One felon states … “Most white collar crimes are the cover-ups that come after a bad decision."
One felon states … “Most white collar crimes are the cover-ups that come after a bad decision."
Duke University
cognitive science professor Dan Ariely digs deeper into the nature of bad
decision-making. Among his conclusions were the discoveries that a culture of
dishonesty often leads to individual dishonesty, and that the ability to
rationalize dishonesty helps promote dishonest acts.
As another expert in
behavioral economics and psychology, Daniel Kahneman, … states that ….
“the illusions of validity and skill are supported by a powerful professional
culture. We know that people can maintain an unshakeable faith in almost
any proposition, however absurd, when they are sustained by a community of
like-minded believers.”
Here is the link again to the article:
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