Global white-collar crime

Authored by: Mary Dodge , Gilbert Geis

The Routledge Handbook of International Crime and Justice Studies

Print publication date:  August  2013
Online publication date:  August  2013

Print ISBN: 9780415781787
eBook ISBN: 9780203837146
Adobe ISBN: 9781136868504

10.4324/9780203837146.ch13

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Abstract

The Great Economic Meltdown, the severe financial crisis that first showed its dour face in late 2008, highlighted the strong interconnection between nations in what has become an intertwined global marketplace. The collapse in the United States of investment houses, banks, and insurance companies, among other commercial entities, was like a plague that in short order traveled around the world, infecting people and institutions on every continent. The small, seemingly isolated island of Iceland, for instance, proved to be a poster child of the malaise, teetering on the brink of bankruptcy before domestic measures and foreign resources salvaged it.

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