1.

Record Nr.

UNINA9910154845303321

Autore

Ramirez Mary Kreiner

Titolo

The Case for the Corporate Death Penalty : Restoring Law and Order on Wall Street / / Mary Kreiner Ramirez, Steven A. Ramirez

Pubbl/distr/stampa

New York, NY : , : New York University Press, , [2017]

©2017

ISBN

1-4798-7852-9

Descrizione fisica

1 onliine resource (201 pages)

Disciplina

332.10973

Soggetti

Financial institutions - Corrupt practices - United States

Financial institutions - Government policy - United States

Financial services industry - Government policy - United States

Subprime mortgage loans - United States

Derivative securities - United States

Commercial crimes

Global Financial Crisis, 2008-2009

United States

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Nota di bibliografia

Includes bibliographical references and index.

Nota di contenuto

Frontmatter -- Contents -- Acknowledgments -- Preface -- Introduction -- 1. A Short History of White- Collar Criminal Prosecutions -- 2. Angelo Mozilo and Countrywide’s “Toxic” Subprime Mortgages -- 3. Wall Street’s Fraudulent Sales of Toxic Mortgages -- 4. Lehman’s Phantom Cash -- 5. Joe Cassano and AIG’s Derivatives Casino -- 6. Goldman’s Abacus -- 7. The Dimensions of Lawlessness -- Conclusion -- Bibliography -- Index -- About the Authors

Sommario/riassunto

A critical examination of the wrongdoing underlying the 2008 financial crisisAn unprecedented breakdown in the rule of law occurred in the United States after the 2008 financial collapse. Bank of America, JPMorgan, Citigroup, Goldman Sachs, and other large banks settled securities fraud claims with the Securities and Exchange Commission for failing to disclose the risks of subprime mortgages they sold to the investing public. But a corporation cannot commit fraud except through



human beings working at and managing the firm. Rather than breaking up these powerful megabanks, essentially imposing a corporate death penalty, the government simply accepted fines that essentially punished innocent shareholders instead of senior leaders at the megabanks. It allowed the real wrongdoers to walk away from criminal responsibility. In The Case for the Corporate Death Penalty, Mary Kreiner Ramirez and Steven A. Ramirez examine the best available evidence about the wrongdoing underlying the financial crisis. They reveal that the government failed to use its most powerful law enforcement tools despite overwhelming proof of wide-ranging and large-scale fraud on Wall Street before, during, and after the crisis. The pattern of criminal indulgences exposes the onset of a new degree of crony capitalism in which the most economically and political powerful can commit financial crimes of vast scale with criminal and regulatory immunity. A new economic royalty has seized the commanding heights of our economy through their control of trillions in corporate and individual wealth and their ability to dispense patronage. The Case for the Corporate Death Penalty shows that this new lawlessness poses a profound threat that urgently demands political action and proposes attainable measures to restore the rule of law in the financial sector.



2.

Record Nr.

UNINA9910639983603321

Autore

Servetto Alicia

Titolo

IX Jornadas de Trabajo sobre Historia Reciente

Pubbl/distr/stampa

La Plata, : Universidad Nacional de La Plata. Facultad de Humanidades y Ciencias de la Educación, 2021

Collana

Trabajos, comunicaciones y conferencias ; 46

Soggetti

History

Latin America

Lingua di pubblicazione

Spagnolo

Formato

Materiale a stampa

Livello bibliografico

Monografia

Sommario/riassunto

Este Libro reúne los trabajos que fueron presentados y autorizados para su publicación en las IX Jornadas de Trabajo sobre Historia Reciente, realizadas en la Universidad Nacional de Córdoba en agosto de 2018. La Historia Reciente constituye de manera muy visible un consolidado y expansivo campo de trabajo que enfrenta nuevos embates y desafíos provenientes de diversos ámbitos y que esta nueva versión de las Jornadas se propuso problematizar y discutir. Las IX Jornadas aspiraron entonces a acrecentar y fortalecer desarrollos previos, reafirmando dos objetivos ya delineados en otras versiones: consolidarlas como espacio de debate académico que trascienda las fronteras nacionales, en particular fortaleciendo los vínculos con colegas de otros países latinoamericanos e incorporar temáticas de la más estricta actualidad que no han sido abordadas sistemáticamente desde el campo disciplinar.