Book description
A dramatic look at fraud's role in our financial markets-and how you
can protect yourself
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.
A frank insider look at the most dramatic economic and business
headlines in recent memory, 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.
Peter D. Goldmann is founder and President of
White-Collar Crime 101 LLC, the parent company of FraudAware and
publisher of the monthly newsletter, White-Collar Crime
Fighter. Peter has been the Publisher and Editor of
White-Collar Crime Fighter for over twelve years and is
recognized as a leading expert in the areas of fraud detection,
prevention, investigation, and training. He has written numerous
articles on practical approaches to fraud prevention and detection
for, among others, Internal Auditor, Investor's Business Daily, the
Fraud Examiner and Bottom Line/Personal. He speaks¿at
events sponsored by the Association of Certified Fraud Examiners, the
International Association of Financial Crimes Investigators, and
numerous industry trade associations. He is also a member of the
Editorial Advisory Board of the Association of Certified Fraud
Examiners.