Economic Crisis and Crime by Mathieu Deflem

By Mathieu Deflem

This quantity addresses quite a few concerns concerning financial problem within the broadest experience of the time period, regarding assorted nationwide and overseas contexts, historic epochs, and various difficulties on the topic of financial existence. The chapters during this quantity take on criminologically appropriate questions in reference to crime/deviance and/or the keep watch over thereof, at the foundation of an research of any element of financial lifestyles, typically, and monetary challenge, particularly. Thematically different in the province of criminology and the sociology of crime, deviance, and social keep an eye on, the chapters aren't constrained by way of theoretical technique and methodological orientation. In those and all different appropriate respects, this booklet is usefully assorted in reading chosen dimensions of monetary predicament in terms of vital questions of crime and crime keep an eye on. particular topics mentioned comprise: company crime, cash laundering, foreclosure, and loan fraud.
This quantity presents well timed analyses of the effect of the present financial concern, cutting edge views on difficulties of economic system and finance, and criminological insights on frequently ignored points of social existence

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While federal regulators’ concern with the safety and soundness of banking institutions provides a check against risky lending activities by these institutions, an increasing number of mortgage loans were made by independent mortgage banking institutions subject to less federal oversight than depository institutions and their mortgage banking subsidiaries (Interim Report to Congress, 2009, p. ix). The Financial Crisis Inquiry Commission (2010) reported that depository institutions and their subsidiaries accounted for about 60% of all mortgage originations from 2004 to 2006.

S. (2009). White-collar crime: An opportunity perspective. New York: Routledge. Bernanke, B. S. (2008). Risk management in financial institutions. Speech at the Federal Reserve Bank of Chicago’s Annual Conference on Bank Structure and Competition, Chicago, May 15. htm Bitner, R. (2008). Confessions of a subprime lender: An insider’s tale of greed, fraud, and ignorance. Hoboken, NJ: Wiley. , Neely, C. , & Wheelock, D. C. (2009). Systemic risk and the financial crisis: A primer. Federal Reserve Bank of St.

New York: Routledge. Bernanke, B. S. (2008). Risk management in financial institutions. Speech at the Federal Reserve Bank of Chicago’s Annual Conference on Bank Structure and Competition, Chicago, May 15. htm Bitner, R. (2008). Confessions of a subprime lender: An insider’s tale of greed, fraud, and ignorance. Hoboken, NJ: Wiley. , Neely, C. , & Wheelock, D. C. (2009). Systemic risk and the financial crisis: A primer. Federal Reserve Bank of St. Louis Review, 91(5), 403–417. , Pontell, H. , & Tillman, R.

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