Bernie Madoff, and the creation and subversion of regulatory authority

William Forbes

International Journal of Behavioural Accounting and Finance, 2013, vol. 4, issue 1, 74-91

Abstract: This paper revisits the Maddof ponzi scheme scandal to illustrate two themes. The first the extent to which government action creates the malpractice it will later investigate and censure. Secondly, the extent to which the affinity between Maddof and his victims, who were often fellow Jews, indicates the role of trust and its breach in the growing incidence of such crimes.

Keywords: financial regulation; capture theory; breach of trust; Bernie Madoff; regulatory authority; government action; fraud; malpractice. (search for similar items in EconPapers)
Date: 2013
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.inderscience.com/link.php?id=57362 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ids:ijbeaf:v:4:y:2013:i:1:p:74-91

Access Statistics for this article

More articles in International Journal of Behavioural Accounting and Finance from Inderscience Enterprises Ltd
Bibliographic data for series maintained by Sarah Parker ().