search query: @indexterm economic crime / total: 54
reference: 24 / 54
| Author: | Taylor, W. |
| Title: | Crime? Greed? Big ideas? What were the 80s about? |
| Journal: | Harvard Business Review
1992 : JAN-FEB, VOL. 70:1, p.32-45 |
| Index terms: | MERGERS FINANCIAL INSTITUTIONS INNOVATION ECONOMIC CRIME USA |
| Language: | eng |
| Abstract: | The takeover battles of the 1980s have given way to battle over their meaning and legacy. On one side there are critics who argue that the events are best understood as episodes in the greatest conspiracy Wall Street has ever known. On the other side there are advocates of the New Finance for whom the decade represents a triumph of financial innovation. The present author reviews books and scholarly studies on both sides of this debate and concludes that it is being joined on the wrong grounds. Crime and greed were abundant on Wall Street, but the decade's takeovers and buyouts were driven by powerful economic forces. At the same time, advocates of the New Finance err in closing their eyes to the social wreckage takeovers and buyouts caused. |
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