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The Mafia moved into bid rigging, he says, because it observed over time that monopolizing public contracts offers a far more lucrative business model than legbreaking. Organized crime learned their lessons from John D. Rockefeller, Spitzer explains. Its much more efficient to control a market and boost the price 10 percent than it is to run a loan sharking business on the street, where you actually have to use a baseball bat and collect every week. What Spitzer saw was gangsters moving in the direction of big business. When I ask him if he is surprised by the current bid rigging case, which looks more like big business moving in the direction of gangsters, he laughs. The urge to become a monopolist, he says, is as old as capitalism. 2. THE TAPES The defendants in the case Dominick Carollo, Steven Goldberg and Peter Grimm worked together at GE, which was competing for bond business against banks like Chase, Wells Fargo and Bank of America. Carollo was the boss of Goldberg and Grimm, who handled the grunt work, submitting bids. Between August 1999 and November 2006, the three executives participated in countless rigged bids by telephone, conspiring with middleman brokers like Chambers, Dunhill and Rubin.

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Compare rates with a higher deductible and with various policy options to weigh the options. If you live in Austin, there are certain statistics that pertain to you when applying for car insurance. For example, the average commute to work by residents in Austin is 22. 4 minutes. The number of auto thefts in Austin in 2007 was 2,961. Austin had 58 deadly automobile crashes in 2007.

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7314. 6. Send individual thank you notes. Immediately send a thank you not to each member of the interview panel, but don't make the notes identical. Make it more personal by pointing out something that person said or asked. For example, "When you asked me about my marketing experience, I forgot to mention that in addition to my three years as a marketing representative at ABC company, I also participated on several marketing focus groups while working at XYZ company. " Remember, a panel interview is an opportunity to shine in front of not just one person, but a whole team!Bonnie Lowe is author of the popular Job Interview Success System and free information packed ezine, "Career Life Times. " Find those and other powerful career building resources and tips at her website: . Article Source: http://EzineArticles. com/ OTHER INTERESTING POSTS Smoking Quit with Whispers and Acupuncture Unique Joint Venture Twist: Make Huge Profits Even If You Have No Money, No Products, and No List What?Home Business?Virtual Chocolate Why Do So Many People Date Online?Mazzilli Unfairly the Fall Guy for Angelos The Value of Search Engine Marketing Hospitality Hotel Management : Restaurant Templates And Forms Get Listed On Search Engines : Auto Blog Builder All Weather Horse Racing : Horse Racing Systems, Handicapping Tips and Free Horse Racing Picks BW2 Nasdaq Technical Analysis : The Stock Teacher Method Add Url To Search Engines : Link Equalizer Ever see an amazing band perform and wonder why you've never heard of them before?Ever see an astounding independent film and wonder why people all over the world don't know about it?Why is a branding expert like me, who mostly deals with entrepreneurs and small business owners, addressing musicians, artists, and filmmakers?It's simple. Artists are the ultimate entrepreneurs.

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He said a lot of the damage thats being done could be stemmed if the SEC would use its regulatory power to freeze assets and bar fraudulent activity from occurring. Assistant U. S. Attorney Rhett DeHart agreed that a more regulatory approach would be helpful in stopping financial criminals, but he said its impossible to know if large prison sentences deter the trend of financial fraud because you cant measure the incidence of someone not committing a crime. Who knows whether they deter others or not? he said. You cant measure a crime thats not committed. I think deterrence may be the least important factor. COMMENT 4: O. K. guys this is a very nice academic exercise, but beneficial I doubt it. So as a start let me provide a list of things that might help to deter white collar crime:FINAL QUESTION: Do you think that white collar crime can be deterred and if so, how?YOUR COMMENTS ARE WELCOME!3 Comments| embezzlement, New Website, prison, SEC, white collar crime | Tagged: Allen Stanford, Bernie Madoff, CPA, Daniel V.