Word: greed
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Dates: during 1980-1989
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...remains unclear why the Hutton employees carried out the fraud. One possible reason is that Hutton managers are paid bonuses tied to the company's profits. But management experts doubt that greed is the full explanation. They point out that middle-level executives in many companies are constantly under stress to meet tough earnings targets. Says John Fleming, a professor at the University of Southern California Graduate School of Business Administration: "For middle managers, there is so much pressure to get a certain degree of performance that they sometimes feel they almost have to do something illegal to meet...
Harsh penalties may be the most effective deterrent to executive-suite misdeeds. Says U.S. Attorney Giuliani: "Corporate crime is a crime of greed and fear. The best way to combat it is to raise the fear." Experts hope that the sentence given Thayer and the long prison term that Butcher is expected to receive will send a message to would-be business criminals about the consequences of getting caught...
...choking on her own vomit, a theory the doctor said the prosecutors told him to keep to himself in 1982. Finally, Puccio prevented Mrs. Von Bulow's personal banker, G. Morris Gurley, from testifying about the millions Von Bulow stood to inherit, thereby undermining the state's claim that greed motivated Von Bulow...
...casualness with which he delivers such lines as "The only reason I drink is so that people won't think I'm a dope fiend." Dillon has mastered the nurturing mother figure and Torn, perhaps the most flexible film actor around, fully mines this caricature of unprincipled greed. The rest of the cast seems to be a merry bunch of natural role-players and con men; the rare awkward line is pardonable...
...MUCH AS it is a story of greed and political perversion, Citizen Hughes is also the story of an American-style Mr. Kurtz, of whom Joseph Conrad said, "Everything belonged to him--but that was a trifle. The thing was to know what he belonged to, how many powers of darkness claimed him for their...