Word: white-collar
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Michael Keaton plays Daryl Poynter, the very model of a white-collar slime mold: he's a thief, an accessory to murder and a meanie to his mom. He can't even admit he has a drug problem -- cocaine and alcohol -- until a tough-love therapist (Morgan Freeman), an A.A. veteran (M. Emmet Walsh) and a nervy fellow addict (Kathy Baker) help him see the dark before the light. Some of the early scenes ring as inauthentic as the Philadelphia accents; each supporting junkie pushes too hard, as if he were part of an Actors Lab experiment that failed...
...current dragnet for white-collar criminals culminates a roaring, greedy decade that created not only legitimate prosperity but also boundless motivation for stealing. Fraud was never so tempting or remorseless, thanks to the proliferation of electronic money and fast, faceless financial transactions. In the past the primary safeguard against such theft had been trust, but in the go-go '80s that ethical obstacle blew away like an old cobweb. Now, finally, the epidemic of cheating may be cresting, since greed is going out of style in some quarters, and the spectacle of once upright citizens slouching off to jail...
...Jersey firm could claim short-term tax losses on the sale. The laws against racketeering, which involves repeated crimes carried out by a person or a business, have traditionally been used against the Mafia. Bringing racketeering charges against stock swindlers is an aggressive new tactic in the war on white-collar crime...
Even in these days of rampant white-collar crime, few businesses have been more riddled by fraud than banking. One of the latest lenders to surface as a possible wrongdoer is James Wasson, known to friends in Cushing, Okla. (pop. 7,720), as "the General." The title was more than a reflection of his close- cropped hair and commanding ways. Wasson, chairman of Cushing's First National Bank & Trust and a director of Citizens Bank in nearby Drumright (pop. 3,162), was a brigadier general in the Oklahoma National Guard...
...even farther afield and try to recruit workers outside their region. But often the chief obstacle to attracting new employees is the high cost of housing, so some potential employers have tried to compensate. An auto-parts division of Textron based in Dover, N.H., gives some of its new white-collar employees short-term "bridge" loans for housing at below-market interest rates. Last year the state's average home price was $136,000, nearly 60% higher than the U.S. median...