Con Game - Lionel S. Lewis

Con Game

Bernard Madoff and His Victims

(Autor)

Buch | Hardcover
280 Seiten
2012
Routledge (Verlag)
978-1-4128-4609-7 (ISBN)
219,95 inkl. MwSt
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Bernard Madoff's financial fraud was global, an enormous amount of money was involved, and thousands of people and hundreds of institutions were swindled. Madoff's con game was a Ponzi scheme—an investment that pays returns to early investors from money acquired from subsequent investors.

This case study of the Madoff scheme looks at the effects of his crimes on the victims. Elements from a theoretical framework put forward by Erving Goffman provide a perspective for understanding the development and the aftermath of Madoff's con. For example, as Goffman would have put it, Madoff's "marks were not cooled out." Many did not accept the fact that they were victims of a con game and publicly clamored for sympathy, restitution, and for public officials to share their perspective.

Inside men, ropers, outside men, and victims are at the core of con games. Lionel S. Lewis emphasizes that it is important to understand a con game's characteristics so as to grasp how it operates. The Madoff fraud includes elements of a variety of con games. For a comprehensive study of this economic crime, the "case study" must be seen as part of the broader social system. Considerably more is known about the dynamics of con games than about Ponzi schemes, and this fact frames this book's approach. To better understand what Madoff did, who was central in keeping his scheme alive, whom he defrauded, and how they reacted, this work is as invaluable as it is illuminating.

Lionel S. Lewis is professor emeritus at SUNY/Buffalo, USA. He has written numerous research articles, essays, and reviews. He is the author of Scaling the Ivory Tower: Merit and Its Limits in Academic Careers ;Cold War on Campus, A Study of the Politics of Organiational Control, The Cold War and Academic Governance: The Lattimore Case at Johns Hopkins and When Power Corrupts: Academic Governing Boards in the Shadow of the Adelphi Case

Introduction; 1: The Victims and Their Day in Court; 2: Going on the Offensive; 3: After Madoff: Waiting for Justice; 4: A Touch of Greed, Fragile Egos, and More; 5: Diminished Selves, Picking Up the Pieces, and Other Matters: Three Clients Speak; 6: Some Activists Speak; 7: How Madoff Did It: Victims’ Accounts; 8: Madoff’s Allure: Money and Mystique; 9: Summing Up

Verlagsort New York
Sprache englisch
Maße 152 x 229 mm
Gewicht 498 g
Themenwelt Literatur Biografien / Erfahrungsberichte
Sozialwissenschaften Soziologie
ISBN-10 1-4128-4609-9 / 1412846099
ISBN-13 978-1-4128-4609-7 / 9781412846097
Zustand Neuware
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