Savings and Loan Fraud as Organized Crime

Toward a Conceptual Typology of Corporate Illegality

Bibliographic Data

ID9680109
AuthorsKitty Calavita (University of California, Irvine, corresponding author), Henry N Pontell (0000-0003-2487-4581, University of California, Irvine)
Year1993
Volume31
Issue4
Pages519-548
Publication date1993-11-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueCriminology (JOURNAL)
Journal identifiersISSN: 0011-1384 • E-ISSN: 1745-9125
PublisherWiley (PUBLISHER • GB)
DOI10.1111/j.1745-9125.1993.tb01140.x
OpenAlexW2093890141
LanguageEN
Citations received20
References cited35

This paper proposes a classification scheme for distinguishing “organized crime” and “corporate crime” based not on the occupational position or social status of their perpetrators, but on the motives and methods of the offenses themselves. Using government documents, interviews with FBI investigators and thrift regulators, as well as a variety of secondary sources, it documents patterns of crime in the savings and loan industry and demonstrates that these conspiracies more closely approximate organized crime than corporate crime. Included in the discussion is a brief exploration of the other forms of corporate illegality to which this broader typology can be applied. The paper concludes with a discussion of the theoretical and policy implications of applying the organized crime model to certain forms of white‐collar crime and argues that with the proliferation of financial fraud, it is imperative to replace traditional ad hominem assumptions about corporate illegality with more analytically useful distinctions based on the modus operandi

Business · Corporate crime · Criminology · Government (linguistics · Loan · Position (finance · Sociology · Typology · Variety (cybernetics · White-collar crime · Computer Science · Crime Patterns and Interventions · Crime, Illicit Activities, and Governance · Finance · Wildlife Conservation and Criminology Analyses

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