Abstract

ABSTRACT There is little argument that the crisis in the savings and loan (S&L) industry of the 1980s was one of the most significant economic calamities of the twentieth century. While much data exists on the factors leading to the crisis, its impact on the American economic and financial systems, and its import for criminological theories of corporate and organizational illegality, there has yet to have been an attempt to investigate regional variations in sentence length for S&L offenders. This study found evidence of regional variations among sentencing for white-collar offenders with the Southwest being significantly more punitive than all the other regions while controlling for fine and the defendant's position within the institution. Implications for further research oh how regional variations apply to offenders convicted of white-collar crimes other than those studied here are considered.

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