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Fraud in the Markets: Why It Happens and How to Fight It
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The subprime mania that swept the home mortgage and securities markets circa 2002–2003 was the last straw for the U.S. financial system as we knew it from the early years of the twentieth century. Starting with the establishment of central banking in 1913, the American economy has toughed out several recessions, including the devastating years of the Great Depression.
And then came the Great Crash of 2008.
It is no coincidence that the financial services industry was the breeding ground for t...