The banks' crunch during the 2008 financial crisis were partly due to several malpractices and frauds carried out by the bankers. Therefore, in the aftermath of the crisis, the states faced the challenge to punish the bankers. Here, the article compared European states and the United States in...

Despite potential criminal behavior, no senior executives from major U.S. financial institutions were incarcerated for actions related to the 2008 financial crisis, an outcome decried by a variety of academics, journalists, and judges, as well as the broader public. This critique is premised on...

We study the investment of organized crime in the legal economy. By using the shock induced on the Italian credit market by the 2007 subprime mortgage crisis, we document how provinces with a high organized crime presence have been impacted less by the crisis in terms of the establishment of new...

The purpose of this chapter is to explore the financial crisis through the lens of market construction and thereby investigate the EU's current strategies to tackle the financial crisis through measures taken to fight irregularities in the market. Before the entry into force of the Lisbon Treaty...