Manipulation : some history -- Market manipulation and the New Deal legislation -- Postwar manipulation and speculation -- Manipulation of commodity prices in a time of inflation -- Manipulation setbacks under the federal securities laws -- The battle over OTC derivatives -- The Dodd-Frank Act...

The scandals of recent years have led to a variety of reforms to financial institutions. But without an industry-wide commitment to something other than pure profit, calls for a greater emphasis on ethics will be largely ignored. McClean argues that a collective move towards stewardship is...