Fraud in the Markets: Why it Happens and How to Fight it

  Fraud in the Markets: Why it Happens and How to Fight it

By Peter D. Goldmann, CFE  



Fraud In the Markets 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.

You will find revealing discussion of:

The egregiously fraudulent lending practices that engulfed the entire US mortgage industry
The brazenly deceptive marketing of asset-backed securities
A road map to prevent similar disasters from recurring

Fraud in the Markets offers forward-looking advice, with practical guidelines for protecting yourself and your company from various forms of fraud that were found to have played a role in the current economic and financial crisis.



Product Details: 

Copyright 2010
Hardcover, 272 pages
John Wiley & Sons

Table of Contents:


Chapter 1: The Fraud Culture

Chapter 2: The Politics of Banking Fraud

Chapter 3: Modern Day Financial Services Fraud (1980-2010)

Chapter 4: Reform, Re-Regulation, and the Persistence of Fraud

Chapter 5: The Real Estate Bubble and Bust: The Fraud Factor

Chapter 6: The Makings of a Meltdown

Chapter 7: Beginning of the End: Death by Derivatives

Chapter 8: Can the Circle be Broken?