The Best Way to Rob a Bank Is to Own One: How Corporate Executives and Politicians Looted the S&l Industry by Black, William K.
The Best Way to Rob a Bank Is to Own One: How Corporate Executives and Politicians Looted the S&l Industry by Black, William K.

The Best Way to Rob a Bank Is to Own One: How Corporate Executives and Politicians Looted the S&l Industry

In this expert insider's account of the savings and loan debacle of the 1980s, William Black lays...
$48.38 SGD
$48.38 SGD
SKU: 9780292754188
Product Type: Books
Please hurry! Only 537 left in stock
Author: William K. Black
Format: Paperback
Language: English
Subtotal: $48.38
The Best Way to Rob a Bank Is to Own One: How Corporate Executives and Politicians Looted the S&l Industry by Black, William K.

The Best Way to Rob a Bank Is to Own One: How Corporate Executives and Politicians Looted the S&l Industry

$48.38
The Best Way to Rob a Bank Is to Own One: How Corporate Executives and Politicians Looted the S&l Industry by Black, William K.

The Best Way to Rob a Bank Is to Own One: How Corporate Executives and Politicians Looted the S&l Industry

$48.38
Author: William K. Black
Format: Paperback
Language: English
Description

In this expert insider's account of the savings and loan debacle of the 1980s, William Black lays bare the strategies that corrupt CEOs and CFOs--in collusion with those who have regulatory oversight of their industries--use to defraud companies for their personal gain. Recounting the investigations he conducted as Director of Litigation for the Federal Home Loan Bank Board, Black fully reveals how Charles Keating and hundreds of other S&L owners took advantage of a weak regulatory environment to perpetrate accounting fraud on a massive scale. In the new afterword, he also authoritatively links the S&L crash to the business failures of 2008 and beyond, showing how CEOs then and now are using the same tactics to defeat regulatory restraints and commit the same types of destructive fraud.

Black uses the latest advances in criminology and economics to develop a theory of why "control fraud"--looting a company for personal profit--tends to occur in waves that make financial markets deeply inefficient. He also explains how to prevent such waves. Throughout the book, Black drives home the larger point that control fraud is a major, ongoing threat in business that requires active, independent regulators to contain it. His book is a wake-up call for everyone who believes that market forces alone will keep companies and their owners honest.



Author: William K. Black
Publisher: University of Texas Press
Published: 09/15/2013
Pages: 384
Binding Type: Paperback
Weight: 1.10lbs
Size: 8.90h x 6.00w x 1.10d
ISBN: 9780292754188

About the Author
Black is Associate Professor of Economics and Law at the University of Missouri-Kansas City. His leadership role in investigating the S&L crisis has been widely praised. He recently helped the World Bank develop anticorruption initiatives and served as an expert for Office of Federal Housing Enterprise Oversight in its enforcement action against Fannie Mae's former senior management.
Shipping & Return

Returns Policy

You may return most new, unopened items within 30 days of delivery for a full refund. We'll also pay the return shipping costs if the return is a result of our error (you received an incorrect or defective item, etc.).

You should expect to receive your refund within four weeks of giving your package to the return shipper, however, in many cases you will receive a refund more quickly. This time period includes the transit time for us to receive your return from the shipper (5 to 10 business days), the time it takes us to process your return once we receive it (3 to 5 business days), and the time it takes your bank to process our refund request (5 to 10 business days).

If you need to return an item, simply login to your account, view the order using the "Complete Orders" link under the My Account menu and click the Return Item(s) button. We'll notify you via e-mail of your refund once we've received and processed the returned item.

Shipping

We can ship to virtually any address in the world. Note that there are restrictions on some products, and some products cannot be shipped to international destinations.

When you place an order, we will estimate shipping and delivery dates for you based on the availability of your items and the shipping options you choose. Depending on the shipping provider you choose, shipping date estimates may appear on the shipping quotes page.

Please also note that the shipping rates for many items we sell are weight-based. The weight of any such item can be found on its detail page. To reflect the policies of the shipping companies we use, all weights will be rounded up to the next full pound.

Review

Related Products

Example product title
$48.38 SGD
$48.38 SGD
Example product title
$48.38 SGD
$48.38 SGD
Example product title
$48.38 SGD
$48.38 SGD
Example product title
$48.38 SGD
$48.38 SGD
Example product title
$48.38 SGD
$48.38 SGD
Example product title
$48.38 SGD
$48.38 SGD
Example product title
$48.38 SGD
$48.38 SGD
Example product title
$48.38 SGD
$48.38 SGD
Example product title
$48.38 SGD
$48.38 SGD
Example product title
$48.38 SGD
$48.38 SGD

Recently Viewed Products