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To your point, I think a lot of this has to do with the way the law is written. "Blue-collar" crime involves laws that are much brighter lines. They involve thi
by crazy1van 11y ago
To your point, I think a lot of this has to do with the way the law is written. "Blue-collar" crime involves laws that are much brighter lines. They involve things that have been outlawed for thousands of years. You generally can't take possessions from others. You generally can't kill people. I think that simplicity is a sign of good laws.
When we get to white collar crime, it gets too messy. Learn about companies before you buy their stock. But, don't learn certain things about them, because that's insider trading. This is confusing to juries because the concept itself is just confusing. We see behavior that we don't like -- "there outta be a law!" -- but it's hard to pin down the precise behavior that makes it bad. E.g.:
"Hey those bankers made a bunch of risky loans but didn't lose money during the recession when they went bust. There outta be a law!"
"Ok, so outlaw risky loans even if it means poor people will have a harder time buying a house?"
"Well, no. Help poor people get loans but don't let bankers make too much money selling risky loans"
"How do we even define risky?"
And so on.
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