{"product_id":"fraud-in-the-markets-9780470507896","title":"Fraud in the Markets","description":"\u003cb\u003eBook Synopsis\u003c\/b\u003e\u003cbr\u003e\u003cb\u003eA dramatic look at fraud''s role in our financial markets-and how you can protect yourself\u003c\/b\u003e  \u003cp\u003e\u003ci\u003eFraud In the Markets\u003c\/i\u003e reveals the critical role fraud played in the global financial crisis-even as many of the perpetrators continue to go unpunished. Shedding light on the reckless conduct of the former senior executives at major Wall Street firms such as Lehman Brothers, Bear Stearns, Merrill Lynch and others just before their collapse, this timely book shows how the culture of anything goes on Wall Street fueled the innovation of exotic but deadly asset-backed securities.\u003c\/p\u003e \u003cp\u003eA frank insider look at the most dramatic economic and business headlines in recent memory, you will find revealing discussion of\u003cbr\u003e \u003c\/p\u003e \u003cul\u003e \u003cli\u003eThe egregiously fraudulent lending practices that engulfed the entire US mortgage industry\u003c\/li\u003e \u003cli\u003eThe brazenly deceptive marketing of asset-backed securities\u003c\/li\u003e \u003cli\u003eA road map to prevent similar disasters from recurring\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003e\u003ci\u003eFraud in the \u003cbr\u003e\u003cbr\u003e\u003cb\u003eTrade Review\u003c\/b\u003e\u003cbr\u003e\"A dramatic look at fraud's role in our financial markets-and how you can protect yourself. \u003ci\u003eFraud in the Markets\u003c\/i\u003e reveals the critical role fraud played in the global financial crisis-even as many of the perpetrators continue to go unpunished. Shedding light on the reckless conduct of the former senior executives at major Wall Street firms such as Lehman Brothers, Bear Stearns, Merrill Lynch and others just before their collapse, this timely book shows how the culture of \"anything goes\" on Wall Street fueled the innovation of exotic but deadly asset-backed securities.\" (\u003ci\u003eAccountingWEB.com\u003c\/i\u003e, March 19, 2010)\u003cbr\u003e\u003cbr\u003e\u003cb\u003eTable of Contents\u003c\/b\u003e\u003cbr\u003ePreface.  \u003c\/i\u003e\u003c\/p\u003e\u003cp\u003eAcknowledgments.\u003c\/p\u003e \u003cp\u003eIntroduction: A Brief History of Fraud in Financial Markets.\u003c\/p\u003e \u003cp\u003eBanking Fraud in the Early Days.\u003c\/p\u003e \u003cp\u003eMarket-Building by Morgan.\u003c\/p\u003e \u003cp\u003eFlim Flam Finance.\u003c\/p\u003e \u003cp\u003eSavings and Loan Fraud Follies.\u003c\/p\u003e \u003cp\u003eBeginning of the End.\u003c\/p\u003e \u003cp\u003eAsset-Backed Securities.\u003c\/p\u003e \u003cp\u003eOff to the Races.\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 1 The Fraud Culture.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eI Wanna Be Rich.\u003c\/p\u003e \u003cp\u003eThe Spread of Ethical Erosion.\u003c\/p\u003e \u003cp\u003eWhat It All Means.\u003c\/p\u003e \u003cp\u003eHow We Got Here.\u003c\/p\u003e \u003cp\u003eThe Evolving Shapes of Fraud: Pressure, Opportunity, and Rationalization on Wall Street.\u003c\/p\u003e \u003cp\u003eAn Triangle or a Diamond?\u003c\/p\u003e \u003cp\u003eA Fraud Pentagon? \u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 2 The Politics of Banking Fraud.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003ePolitics and Regulation.\u003c\/p\u003e \u003cp\u003eAntebellum Banking.\u003c\/p\u003e \u003cp\u003eEarly Due Diligence.\u003c\/p\u003e \u003cp\u003eCentral Banking: The Drive Is Revived.\u003c\/p\u003e \u003cp\u003eEnter the ABA.\u003c\/p\u003e \u003cp\u003eThe Warburg Factor.\u003c\/p\u003e \u003cp\u003eFinancial Regulation Today.\u003c\/p\u003e \u003cp\u003eWhat If?\u003c\/p\u003e \u003cp\u003eIs Regulation Here to Stay?\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 3 Modern Day Financial Services Fraud (1980-2010).\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe Fraud Culture and Today's Frauds.\u003c\/p\u003e \u003cp\u003eThe “Milken\/Boesky” Era.\u003c\/p\u003e \u003cp\u003eFancy Financing Foments More Fraud.\u003c\/p\u003e \u003cp\u003eThe Ignominious Birth of “Pay for Performance”.\u003c\/p\u003e \u003cp\u003eRisky...Riskier...\u003c\/p\u003e \u003cp\u003eA Deluge of Derivatives.\u003c\/p\u003e \u003cp\u003eThe Good Side of CDSs.\u003c\/p\u003e \u003cp\u003eShortening Memories.\u003c\/p\u003e \u003cp\u003eEnron et al.\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 4 Reform, Re-Regulation, and the Persistence of Fraud.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eBetter Anti-Fraud Controls.\u003c\/p\u003e \u003cp\u003eBeyond Financial Reporting Fraud.\u003c\/p\u003e \u003cp\u003eRegulation and Legislation.\u003c\/p\u003e \u003cp\u003eMore Aggressive Action Needed.\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 5 The Real Estate Bubble and Bust: The Fraud Factor.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eHow Did It Get So Bad?\u003c\/p\u003e \u003cp\u003eSubprime Mortgages: Licenses to Steal.\u003c\/p\u003e \u003cp\u003eWho Is Subprime?\u003c\/p\u003e \u003cp\u003eGoing for Broke(r).\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 6 The Makings of a Meltdown.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eOther Fraud-for-Profit Schemes.\u003c\/p\u003e \u003cp\u003eGreed Grows and Fraud Follows.\u003c\/p\u003e \u003cp\u003eFraud for Property Schemes.\u003c\/p\u003e \u003cp\u003eThe Role (or Not) of Predatory Lending.\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 7 Beginning of the End: Death by Derivatives.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003ePlaying with Fire.\u003c\/p\u003e \u003cp\u003eChaos Out of Order.\u003c\/p\u003e \u003cp\u003eAnatomy of a Subprime Deal.\u003c\/p\u003e \u003cp\u003eThe Fine Art of Corporate Deception.\u003c\/p\u003e \u003cp\u003eBankers Go with the Flow—Into the Tank.\u003c\/p\u003e \u003cp\u003eHard Money.\u003c\/p\u003e \u003cp\u003eAnd Then There's AIG.\u003c\/p\u003e \u003cp\u003eHow “Toxic” Securities Ended Up in So Many Investor Portfolios.\u003c\/p\u003e \u003cp\u003eRating Agency Deception Redux.\u003c\/p\u003e \u003cp\u003eAnd So, The End Begins.\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 8 Can the Circle be Broken?\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eSo What Now?\u003c\/p\u003e \u003cp\u003eCritical Reform Issues.\u003c\/p\u003e \u003cp\u003ePolicing, Policy, and Propriety.\u003c\/p\u003e \u003cp\u003eAbout the Author.\u003c\/p\u003e \u003cp\u003eIndex.\u003c\/p\u003e","brand":"John Wiley \u0026 Sons Inc","offers":[{"title":"Default Title","offer_id":49525376254295,"sku":"9780470507896","price":27.89,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0817\/1739\/5799\/files\/9780470507896.jpg?v=1731860281","url":"https:\/\/bookcurl.com\/products\/fraud-in-the-markets-9780470507896","provider":"Book Curl","version":"1.0","type":"link"}