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Case Studies with American Financial Institutions

In: Corporate Accountability

Author

Listed:
  • Dimitris N. Chorafas

Abstract

If the case of Citibank’s salvage from the edge of the abyss was the most significant financial event of 1990, and that of Long-Term Capital Management of 1998, from 2003 financial history books will retain two case studies: that of the Federal Home Mortgage Association (see Chapter 8), and the 28 April 2003 settlement of the ten best-known banks on Wall Street with the Securities and Exchange Commission (SEC)—to the tune of $1.4 billion (see section 4).

Suggested Citation

  • Dimitris N. Chorafas, 2004. "Case Studies with American Financial Institutions," Palgrave Macmillan Books, in: Corporate Accountability, chapter 7, pages 139-157, Palgrave Macmillan.
  • Handle: RePEc:pal:palchp:978-0-230-50895-8_7
    DOI: 10.1057/9780230508958_7
    as

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