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Profit Without Honor: White Collar Crime and the Looting of America (5th Edition) 5th Edition

4.7 out of 5 stars 24 customer reviews
ISBN-13: 978-0135154687
ISBN-10: 0135154685
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Editorial Reviews

Review

"Seldom do books of great scholarship take on the pacing of a thriller or the moral force of a statesman's oratory. Profit Without Honor does both. In ever-lively anecdotes and startling statistics, the authors expose the dark side of our justice system, a place where well-dressed thieves pull off million dollar heists with frightening regularity and almost always get away with it. The authors lay bare for us the environment that gave rise to the Enron and Worldcom scandals. It is a disturbing, fury-igniting story . . . and one every citizen shareholder should read. Profit Without Honor is an outstanding book." — Clifton Leaf, Executive Editor; Fortune Magazine

"A great book! Profit Without Honor combines immaculate scholarship, penetrating insight, and a witty and engaging style of writing. Readers will find material that will trigger righteous indignation, and insights that will make them nod in agreement and wonder why they hadn't thought of that. The authors provide a vast array of information on white-collar offenses that challenges current concentration on street lawbreaking as the most serious crime problem in the United States." — Gilbert Geis, Professor Emeritus, Former President, American Society of Criminology

"Wow! Profit Without Honor is one of the finest books that I have ever read on the subject of white-collar crime. Each chapter was outstanding; the writing style; the organization of the material, past and present; the research; and the footnotes. Profit Without Honor is outstanding." — Hugh J.B. Cassidy, Former Detective Commander and the Aide to the Chief of Detectives, NYC Police Department

"A vivid documentation of the white-collar crime problem in the U.S. told with panache and insight." — John Braithwaite, Professor, The Australian National University

--This text refers to an out of print or unavailable edition of this title.

From the Back Cover

“Seldom do books of great scholarship take on the pacing of a thriller or the moral force of a statesman’s oratory. Profit Without Honor does both.  In ever-lively anecdotes and startling statistics, the authors expose the dark side of our justice system, a place where well-dressed thieves pull off million dollar heists with frightening regularity and almost always get away with it. [The authors] lay bare for us the environment that gave rise to the Enron and Worldcom scandals. It is a disturbing, fury-igniting story…and one every citizen shareholder should read.  Profit Without Honor is an outstanding book.”

    -Clifton Leaf, Executive Editor, Fortune Magazine

 

“A great book!  Profit Without Honor combines immaculate scholarship, penetrating insight, and a  witty and engaging style of writing.  Readers will find material that will trigger righteous indignation, and insights that will make them nod in agreement and wonder why they hadn’t thought of that.  The authors provide a vast array of information on white-collar offenses that challenges current concentration on street lawbreaking as the most serious crime problem in the United States.”

    -Gilbert Geis, Professor Emeritus, Former President, American Society of Criminology

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Product Details

  • Paperback: 656 pages
  • Publisher: Prentice Hall; 5 edition (October 25, 2009)
  • Language: English
  • ISBN-10: 0135154685
  • ISBN-13: 978-0135154687
  • Product Dimensions: 6.9 x 1.4 x 9 inches
  • Shipping Weight: 1.8 pounds
  • Average Customer Review: 4.7 out of 5 stars  See all reviews (24 customer reviews)
  • Amazon Best Sellers Rank: #310,130 in Books (See Top 100 in Books)

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Customer Reviews

Top Customer Reviews

Format: Paperback
I utilize Profit Without Honor as one of the required textbooks in an college course I teach at Herkimer County Community College entitled CJ 122: Intoduction to Economic Crime Investigation.
I find the book is quite comprehensive, extensively researched and very well written. There is just enough theoretical foundations along with a true plethora of historical and recent examples to educate and inform. My students have received the book very well, commenting that while it is far reaching it is also a fairly easy "read" that isn't to confusing or overwhelming. It's my opinion that Profit Without Honor is an excellent introductory text to aquaint the casual reader or the student with the far reaching, comprehensive nature of economic crime, white collar crime and fraud present today.
I look forward to a third edition when recent incidents such as Enron, Arthur Anderson, WorldCom etc. would hopefully be addressed.
As a side note, the fraud realted quotes from motion pictures that serve as chapter headings are hilarious! (i.e. Teacher: What is the capital of Nebraska? First Student: Lincoln. Teacher: Right. Who freeded the slaves? Second Student: Lincoln Teacher: Right. Charles Keating cooked the books at what S&L? Third Student: Lincoln?)
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Format: Paperback
I have the 2nd edition from 2002. This is an infuriating and depressing account of white collar crime in America, something that doesn't get enough coverage in the mainstream media. The sheer magnitude of it makes one suspect that this is simply Business as Usual for most people in the corporate world (and from my job experiences, it is).

The book covers Crimes Against Consumers; Unsafe Products; Environmental Crime; Institutional Crime (Mass Media and Religion); Securities Fraud; Fiduciary Fraud (Banking, Insurance, Pension Funds); Crimes by the Government; Corruption of Public Officials; Medical Crime; Computer Crime.
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By A Customer on July 2, 1998
Format: Paperback
PROFIT WITHOUT HONOR combines immaculate scholarship, penetrating insight, and a witty and engaging style of writing. Readers will find material that will trigger righteous indignation, and insights that will make them nod in agreement and wonder why they hadn't thought of that. The authors provide a vast array of information on white-collar offenses that challenges current concentration on street law-breaking as the most serious crime problem in the United States.
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By A Customer on July 2, 1998
Format: Hardcover
PROFIT WITHOUT HONOR combines immaculate scholarship, penetrating insight, and a witty and engaging style of writing. Readers will find material that will trigger righteous indignation, and insights that will make them nod in agreement and wonder why they hadn't thought of that. The authors provide a vast array of information on white-collar offenses that challenges current concentration on street law-breaking as the most serious crime problem in the United States.
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By Bookworm2 on December 18, 2014
Format: Paperback Verified Purchase
"Profit Without Honor" is well written, informative, humorous and enlightening. As regards, corporate fraud, you will learn a great deal on how and possibly why white-collar crime is committed. There are case studies that include Michael Milken, Martha Stewart and Ivan Frederick Boesky. You will learn about insurance, government, consumer fraud, etc. This book made me laugh, gasp and shake my head. It is a really good book for anyone (student, youth, older people, housewives, husbands, executives, secretaries, etc.) Reading this book could also help you spot and deter fraudsters.
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Format: Paperback Verified Purchase
This book has a lot of information! It's filled with soooo many examples to make sure it sticks... or makes you sick. Just a bit too many examples. Tiny little paragraphs of 3-15 examples of the topic in a row and then huge 5 page examples. I could do with less, but I think if they did cut down on the examples this book would be 200 pages shorter but still able to get the point across. As a student, I hate that there is no glossary/definitions easy to find, this makes it very hard to study. Also beware, this book has a few corny lines. Still, I guess overall its ok.
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By A Customer on July 2, 1998
Format: Paperback
That is probably the wrong word to begin a critique of a book... PROFIT WITHOUT HONOR is one of the finest books that I have ever read on the subject of white-collar crime. Each chapter was outstanding: the writing style; the organization of material, past and present; the research; the footnotes. PROFIT WITHOUT HONOR is outstanding.
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Format: Paperback Verified Purchase
Great read. I received this book while studying Criminal Justice about 6 years ago. It was an eye opener on corporate greed and white collar crime. I still go back to the book from time to time. It gives a view of corruption you don't get from other media sources by providing an in depth background of different cases that have transpired.
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