ABSTRACT
In analyzing the fraud-facilitated leveraged buyouts engineered by Michael Milken and the firm of Drexel Burnham Lambert, the author suggests that such buyouts have multiple and extensive consequences for the organization of business and the economy. Zey also demonstrates how ordinary bond trading networks were linked to the extraordinary networks of the Boesky Organizations and Employee Private Partnerships in order to defraud bond issuers and buyers.
This book debunks the myth of rational economic organization in the 1980s and establishes broad implications for theories of organizational deviance.
TABLE OF CONTENTS
part I|74 pages
Doing Fraud and Its Consequences
part II|61 pages
Toward Understanding Fraud
part III|89 pages
Toward Understanding Fraud as Structurally Embedded
part IV|39 pages
Toward Theory