What made me furious and offended me was the lack of remorse these companies felt for creating such an economic catastrophe, that not only troubled people in the United States but also people worldwide. Jobs were destroyed, homes were lost, and the greed by these companies provoked all of that. People in Florida were living in “tent cities” because some of them had lost their homes, some of them had lost their jobs, and unemployment was insufficient for food and rent. The lack of concern that these companies felt for what they did made me sick to my stomach. During 2008 my family and I lost our home due to my dad’s work slowing down, and my mom being laid off. We lost our home, and till this day are still struggling to get back on our
…show more content…
Dr. Alpert’s patients consist of many executives of the most powerful wall street firms. He says that they all possess similar personalities, the two most important ones being that they’re impulsive and risk takers. “What they have is never enough, they always want more money. Banking has become a contest for them, mine is bigger than yours.” This ties in with the theory of personal pathology and personality factors. Personality may sometimes have a function in white collar crime, some research has pointed out that those who commit white collar criminal offenses may be “reckless and egocentric.” “Stanton Wheeler’s research on white collar crime motivation shows how such psychological factors may fit with situational variables.” These criminals are risk seekers who feel gratification from being able to increase their wealth without having to feel any serious repercussions. They feel that their earnings are limitless, and that they can always have more than what they are have. White collar criminal personalities are defined by excess, what they currently have is never enough for them, they always want more. In the film, many of these high executives from the banks, insurance companies, and rating agencies understood that they had authority and influence, and would be protected by the government. They continued to execute their agenda to increase their profits and obtain more control. This relates to the control balance theory, which Charles Tittle argues that some individuals by virtue of their roles, personal attributes, and statuses can exercise considerable control over other people. People with a control surplus such as corporate executives, tend to commit crime through the white collar variety. If they have a control surplus, they break the law because they want more control than what they already have. These individuals realize the risk they incur by law breaking is low, precisely
Dr. Alpert’s patients consist of many executives of the most powerful wall street firms. He says that they all possess similar personalities, the two most important ones being that they’re impulsive and risk takers. “What they have is never enough, they always want more money. Banking has become a contest for them, mine is bigger than yours.” This ties in with the theory of personal pathology and personality factors. Personality may sometimes have a function in white collar crime, some research has pointed out that those who commit white collar criminal offenses may be “reckless and egocentric.” “Stanton Wheeler’s research on white collar crime motivation shows how such psychological factors may fit with situational variables.” These criminals are risk seekers who feel gratification from being able to increase their wealth without having to feel any serious repercussions. They feel that their earnings are limitless, and that they can always have more than what they are have. White collar criminal personalities are defined by excess, what they currently have is never enough for them, they always want more. In the film, many of these high executives from the banks, insurance companies, and rating agencies understood that they had authority and influence, and would be protected by the government. They continued to execute their agenda to increase their profits and obtain more control. This relates to the control balance theory, which Charles Tittle argues that some individuals by virtue of their roles, personal attributes, and statuses can exercise considerable control over other people. People with a control surplus such as corporate executives, tend to commit crime through the white collar variety. If they have a control surplus, they break the law because they want more control than what they already have. These individuals realize the risk they incur by law breaking is low, precisely