Banking on Fraud - Drexel, Junk Bonds, and Buyouts

List of contents

I: Doing Fraud and Its Consequences; 1: An Error and Its Chain Reaction; 2: Fraud Networks of Drexel; 3: Consequences of Fraud-Facilitated Leveraged Buyouts; II: Toward Understanding Fraud; 4: Structural Contradictions and the Failure of Corporate Control; 5: The Nature of Securities Transactions and Market Control; III: Toward Understanding Fraud as Structurally Embedded; 6: Economic Context; 7: Political-Legal Context; IV: Toward Theory; 8: Toward Theories of Economic Organizations and Organizational Crime; Central Actors

Summary

In analyzing the fraud-facilitated leveraged buyouts engineered by Michael Milken and the firm of Drexel Burnham Lambert, the author suggests that such buyouts have multiple and extensive consequences for the organization of business and the economy

Product details

• Authors: ZEY, Mary Zey, Zey Mary
• Publisher: Taylor & Francis Ltd.
• Languages: English
• Product format: Hardback
• Released: 31.12.2018
• EAN: 9781138519213
• ISBN: 978-1-138-51921-3
• No. of pages: 306
• Subjects: Social sciences, law, business > Business; Economics, BUSINESS & ECONOMICS / Economics / General