How They Got Away With It

White Collar Criminals and the Financial Meltdown

Nonfiction, Reference & Language, Law, Ethics, Criminal law
Cover of the book How They Got Away With It by , Columbia University Press
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: ISBN: 9780231527668
Publisher: Columbia University Press Publication: October 30, 2012
Imprint: Columbia University Press Language: English
Author:
ISBN: 9780231527668
Publisher: Columbia University Press
Publication: October 30, 2012
Imprint: Columbia University Press
Language: English

A team of scholars with backgrounds in criminology, sociology, economics, business, government regulation, and law examine the historical, social, and cultural causes of the 2008 economic crisis. Essays probe the workings of the toxic subprime loan industry, the role of external auditors, the consequences of Wall Street deregulation, the manipulations of alpha hedge fund managers, and the "Ponzi-like" culture of contemporary capitalism. They unravel modern finance's complex schematics and highlight their susceptibility to corruption, fraud, and outright racketeering. They examine the involvement of enablers, including accountants, lawyers, credit rating agencies, and regulatory workers, who failed to protect the public interest and enforce existing checks and balances. While the United States was "ground zero" of the meltdown, the financial crimes of other countries intensified the disaster. Internationally-focused essays consider bad practices in China and the European property markets and draw attention to the far-reaching consequences of transnational money laundering and tax evasion schemes. By approaching the 2008 crisis from the perspective of white collar criminology, contributors build a more general understanding of the collapse and crystallize the multiple human and institutional factors preventing capture of even the worst offenders.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

A team of scholars with backgrounds in criminology, sociology, economics, business, government regulation, and law examine the historical, social, and cultural causes of the 2008 economic crisis. Essays probe the workings of the toxic subprime loan industry, the role of external auditors, the consequences of Wall Street deregulation, the manipulations of alpha hedge fund managers, and the "Ponzi-like" culture of contemporary capitalism. They unravel modern finance's complex schematics and highlight their susceptibility to corruption, fraud, and outright racketeering. They examine the involvement of enablers, including accountants, lawyers, credit rating agencies, and regulatory workers, who failed to protect the public interest and enforce existing checks and balances. While the United States was "ground zero" of the meltdown, the financial crimes of other countries intensified the disaster. Internationally-focused essays consider bad practices in China and the European property markets and draw attention to the far-reaching consequences of transnational money laundering and tax evasion schemes. By approaching the 2008 crisis from the perspective of white collar criminology, contributors build a more general understanding of the collapse and crystallize the multiple human and institutional factors preventing capture of even the worst offenders.

More books from Columbia University Press

Cover of the book The Buddhist Visnu by
Cover of the book Hiroshima After Iraq by
Cover of the book Substance Use Disorders in Lesbian, Gay, Bisexual, and Transgender Clients by
Cover of the book Humanity's Footprint by
Cover of the book Stalking the Black Swan by
Cover of the book Jane Austen and the Romantic Poets by
Cover of the book GMO China by
Cover of the book Intelligence and U.S. Foreign Policy by
Cover of the book Turks, Moors, and Englishmen in the Age of Discovery by
Cover of the book The Crusades, Christianity, and Islam by
Cover of the book Presidential Debates by
Cover of the book Mind and Life by
Cover of the book Dying: What Happens When We Die? by
Cover of the book Beyond the Cyborg by
Cover of the book The Cinema of Alexander Sokurov by
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy