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The Financial Crisis and White Collar Crime – The Perfect Storm? by Nicholas Ryder

June 5, 2014

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Money Tornado Large

 

Since the start of the 2007 financial crisis, an enormous amount of literature has been written attempting to identify the factors that contributed to it.  This has resulted in the publication of numerous excellent texts and articles by experts in economics, finance, banking regulation, law and other subject areas.  Many of these works have highlighted the crucial role of ineffective means of banking regulation, the deregulation of consumer credit laws, high risk banking, greed, the sub-prime mortgage crisis, securitisation, deregulation of banking laws, convenient credit, irresponsible or predatory lending and weak macroeconomic policies.  However, the research presented in my new book seeks to offer a different interpretation and concludes that that there is one previously under-researched contributory factor: white collar crime. 

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