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4. (Chapters 6 and 7) Clyde worked in the Information Management department at a large investment bank. The bank managed funds for large institutions and
4. (Chapters 6 and 7) Clyde worked in the Information Management department at a large investment bank. The bank managed funds for large institutions and also helped companies raise capital, merge and in other financial endeavors. Clyde was bored, so over a few months he developed software that would extract .1% from every account at the bank and place it in his checking account. Over the course of 2 years, he stole $132,000 from the bank. He used the money to open a bar. The bar was a convenient way for Clyde to hide the funds that he stole, as he would ring up fictitious sales and put the cash into the register. Occasionally, Clyde would also come across important information about client companies, such as production techniques and customer lists. Occasionally, he would sell this information to competitors of the company. He earned $65,000 over the course of 2 years from such sales and mailed the proceeds to an account he set up in Montana. While Clyde was on vacation, the auditors discovered Clydes misdeeds. Upon his return, Clydes boss confronted him with the evidence. Clyde grabbed a paperweight from his desk, threw it at his boss, killing him. Clyde then jumped out of his window and ran. He saw an unlocked car, jumped in, hot-wired it and drove off. He drove to a gas station, grabbed his tire jack, walked into the store, and held the jack up to the clerks head, demanding a carton of Marlboros and that the clerk turn on the gas meter. Clyde then filled up and drove off. Clyde was apprehended a few miles down the road. a. Evaluate and discuss under what circumstances could the banks top managers be liable for Clydes taking the money from the bank? b. Identify 5 crimes (that we studied in the text in chapter 6 or 7) that Clyde committed. For each crime: i. List the elements of the crime ii. Describe the sentences associated with the crime iii. Outline the conduct that fits the crime. For example, write Murder- Clyde threw the paperweight at his boss, killing him. (you cant use that one). iv. Use the same set of facts for only 1 crime and select the highest crime.for example, throwing the paperweight could also be battery or attempted murder, but you can only use one crime for a set of facts you would want the highest crime, which would be murder (again, dont use the paperweight). Assignment Parameters: 1. Must be submitted in APA form (title page, body of paper, reference page). 2. Must be typewritten in Times New Roman or Arial 12-point font, double spaced, and with 1-inch margins; 3. Each question must be answered in a minimum of 300 words; 4. Each question must include at least three scholarly sources; 5. Must cite sources according to proper APA formatting guidelines
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