How They Got Away With It: White Collar Criminals and the Financial Meltdown

How They Got Away With It: White Collar Criminals and the Financial Meltdown

Susan Will


A staff of students with backgrounds in criminology, sociology, economics, company, executive rules, and legislations research the historic, social, and cultural factors of the 2008 financial concern. Essays probe the workings of the poisonous subprime personal loan undefined, the position of exterior auditors, the implications of Wall road deregulation, the manipulations of alpha hedge fund managers, and the "Ponzi-like" tradition of up to date capitalism. They resolve smooth finance's complicated schematics and spotlight their susceptibility to corruption, fraud, and outright racketeering. They study the involvement of enablers, together with accountants, attorneys, credit standing companies, and regulatory staff, who did not defend the general public curiosity and implement current assessments and balances. whereas the U.S. used to be "ground 0" of the meltdown, the monetary crimes of different international locations intensified the catastrophe. Internationally-focused essays examine undesirable practices in China and the ecu estate markets and draw recognition to the far-reaching outcomes of transnational cash laundering and tax evasion schemes. through imminent the 2008 problem from the point of view of white collar criminology, individuals construct a extra basic knowing of the cave in and crystallize the a number of human and institutional components combating trap of even the worst offenders.

Show sample text content

Download sample