Overview
Fraud In the Markets reveals the critical role fraudplayed in the global financial crisis-even as many of theperpetrators continue to go unpunished. Shedding light on thereckless conduct of the former senior executives at major WallStreet firms such as Lehman Brothers, Bear Stearns, Merrill Lynchand others just before their collapse, this timely book shows howthe culture of "anything goes" on Wall Street fueled the innovationof exotic but deadly asset-backed securities.
A frank insider look at the most dramatic economic and businessheadlines in recent memory, you will find revealing discussionof
- The egregiously fraudulent lending practices that engulfed theentire US mortgage industry
- The brazenly deceptive marketing of asset-backedsecurities
- A road map to prevent similar disasters from recurring
Fraud in the Markets offers forward-looking advice, withpractical guidelines for protecting yourself and your company fromvarious forms of fraud that were found to have played a role in thecurrent economic and financial crisis.
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