Corporate Scandals: The Many Faces of Greed

This book is a guide to Corporate Scandals, Wall Street behavior, financial bubbles, and government regulation. Written by a business executive, a banker, and an ethicist who teach university courses, this book transcends the party debates and provides a clear of the history of financial scandals and regulation that led up to the massive corporate malfeasance of the twenty-first century. A major culprit: the repeal of Glass-Steagal legislation for the Citibank-Travelers merger of 1999 which involved a Republican Congress and Democratic President. It includes an analysis of the Sarbanes-Oxley legislation as an attempt to patch the problem, and the importance of reclaiming economic virtues as a component of our social conscience and guide to corporate law and financial regulation. It is written in a clear, easy-to-read style that will enable the reader to understand the motives for corporate and government corruption and possible reforms.