Parmalat: The Hedge Fund with Dairy Products on the Side

Dimitris N. Chorafas

Chapter 10 in Business Efficiency and Ethics, 2015, pp 203-224 from Palgrave Macmillan

Abstract: Abstract Theoretically, Parmalat was a fast-rising dairy products company accepted as being one of the stars of the so-called Italian economic miracle. Practically, more than anything else, its business was speculation and financial gambling, that ended up as a major scandal while those responsible escaped prosecution as usual.

Keywords: Business Ethic; Hedge Fund; Credit Default Swap; Gross National Product; Bond Issue (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-48425-3_10

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DOI: 10.1057/9781137484253_10

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