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Not mentioned, however, was the role of fraud, cronyism, theft, bribery and the many other embodiments of greed from which countries suffer.
Most discussion of the role of fraud in the crisis has focused on two forms of deception: predatory lending and misrepresentation of risks.
Yet the possible role of fraud seems to have received far less scrutiny than after past financial debacles, such as the savings-and-loan crisis and the Enron bankruptcy.
You might call it the role of fraud in nature.
Similar(56)
No matter how much Google tries to diminish the role of click fraud in advertisers' campaigns, it's here to stay, and a third-party system is necessary to build trust and help grow the industry.
Part of fraud is effective manipulation.
Falling just short of forcing a second round of balloting also positioned him to continue in his familiar role accusing the authorities of fraud and corruption.
Appointing more than one person to each role also reduces the risk of fraud, abuse, embezzlement and similar actions.
The suit accuses the Bank of New York Mellon of fraud in its role as trustee overseeing the investment pools, a claim the bank has denied.
In one he vacated the bankruptcy court's judgment, saying it was a matter for the state probate court; in the other, he affirmed that it was the probate court's proper role to decide on the merits of fraud and malfeasance accusations.
The Securities and Exchange Commission has accused Dain Rauscher Inc. and two former employees of fraud for their roles in underwriting bonds connected to the 1994 bankruptcy of Orange County, Calif.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com