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 Hollywood Lighting from the Silent Era to Film Noir by
Cover of the book Plate Tectonics and Great Earthquakes by
Cover of the book The Global and the Intimate by
Cover of the book Ms. 45 by
Cover of the book Bodily Citations by
Cover of the book They Live by
Cover of the book Lust, Commerce, and Corruption by
Cover of the book Image and Pilgrimage in Christian Culture by
Cover of the book Negative Emotions and Transitional Justice by
Cover of the book Food by
Cover of the book Strategic Intuition by
Cover of the book Yoga, Karma, and Rebirth by
Cover of the book The Right to Know by
Cover of the book Forging the Golden Urn by
Cover of the book Mobilizing Islam 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