Glossary/Black, William K.: Difference between revisions

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{{GlossaryEntryTable
{{GlossaryEntryTable
|term=Control Fraud
|term=Control Fraud
|term=S&L
|definition=When people who control (i.e. the CEO) a seemingly legitimate entity use it as a weapon to defraud.
|definition=When people who control (i.e. the CEO) a seemingly legitimate entity use it as a weapon to defraud.
|example=The S&L crisis was perpetuated by an epidemic of control fraud, whereby CEOs defeated and suborned internal and external controls to fraudulently report record profits and increase their personal wealth.
|example=The S&L crisis was perpetuated by an epidemic of control fraud, whereby CEOs defeated and suborned internal and external controls to fraudulently report record profits and increase their personal wealth.
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|example= I wanted to buy a house, so I compared the financing offered by my local S&L with my usual bank.
|example= I wanted to buy a house, so I compared the financing offered by my local S&L with my usual bank.
|references= ___
|references= ___
|-
|term=S&L Crisis
|definition=
}}
}}



Revision as of 22:34, 4 August 2024

Glossary | People | William K. Black

Maintained by: Daniel Hawley

William K. Black is a law professor, criminologist, and former financial regulator.


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