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

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  2. How They Got Away With It | Columbia University Press
  3. Here’s Why White-Collar Criminals Often Go Free

Search Trade Me. Listing : Auckland City, Auckland, NZ. View Count: 0. New item Free shipping Ping Add this item to Cart for a combined free shipping deal. A handling time of business days applies for all orders. Delivery will then take working days. They also take stock of the long-term devastation done to governments, businesses, and individuals, and the ongoing, systemic issues that have so far allowed the perpetrators to get away with their crimes.

Insightful 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 practice in China and the European property markets, and they draw attention to the far-reaching consequences of transnational money laundering and tax evasion schemes.

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How They Got Away With It | Columbia University Press

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Here’s Why White-Collar Criminals Often Go Free

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The federal bureaucracy — chiefly the U. Securities and Exchange Commission and the U. Department of Justice — are perpetually outgunned: Laws are ambiguous, proving crimes is hard, defense attorneys are skillful, the criminal mind is endlessly inventive. He profiles several of these crusaders — Robert Morgenthau, the former U.

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The dissolution of Enron Corp.