Trust and Honesty
America's Business Culture at a Crossroad
By (author) Tamar T. Frankel
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Trust and Honesty by Tamar T. Frankel
Book DescriptionAmerica's culture is moving in a new and dangerous direction, as it becomes more accepting and tolerant of dishonesty and financial abuse. Tamar Frankel argues that this phenomenon is not new; in fact it has a specific traceable past. During the past thirty years temptations and opportunities to defraud have risen; legal, moral and theoretical barriers to abuse of trust have fallen. She goes on to suggest that fraud and the abuse of trust could have a widespread impact on American economy and prosperity, and argues that the way to counter this disturbing trend is to reverse the culture of business dishonesty. Finally, she presents the following thesis: If Americans have had enough of financial abuse, they can demand of their leaders, of themselves, and of each other more honesty and trust and less cynicism. Americans can reject the actions, attitudes, theories and assumptions that brought us the corporate scandals of the 1990s. Though American society can have "bad apples," and its constituents hold differing opinions about the precise meaning of trust and truth, it can remain honest, as long as it aspires to honesty.
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Book DetailsISBN: 9780195371703
(236mm x 155mm x 19mm)
Imprint: Oxford University Press Inc
Publisher: Oxford University Press Inc
Publish Date: 11-Aug-2008
Country of Publication: United States
Books By Author Tamar T. Frankel
Ponzi Scheme Puzzle, Hardback (August 2012)View all books by Tamar T. Frankel
An exploration of Ponzi schemers' fascinating power of persuasion and deception, the reasons for their success and longevity, and the character of their victims.
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Author Biography - Tamar T. Frankel
Tamar Frankel is Professor of Law at Boston University. She is also the author of Securitization: Structured Financing, Financial Assets Pools, and Asset-Backed Securities (1991) and co-author of The Regulation of Money Managers (2001), and Investment Management Regulation (2003).
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