Financial crisis and German criminal law: responsibility of managers for highly-speculative trading with obscure asset-backed securities based on American subprime mortgages

Krey, Volker

[lecture]

dc.contributor.author	Krey, Volker	de
dc.date.accessioned	2012-05-29T13:47:00Z	de
dc.date.accessioned	2013-02-13T09:22:00Z
dc.date.available	2013-02-13T09:22:00Z
dc.date.issued	2009	de
dc.identifier.issn	1616-8828	de
dc.identifier.uri	http://www.ssoar.info/ssoar/handle/document/33132
dc.description.abstract	"The article deals with the responsibility of the financial sector under criminal law in Germany. This question has been of special interest since the beginning of the financial crisis. The author argues that the transactions of asset-backed securities based on American subprime mortgages fulfill all legal elements of the criminal offence 'breach of trust' (Untreue). From the author's point of view, the people's legal loyalty would be severely affected if there were no criminal proceedings against such bankers who purchased those toxic asset-backed securities without sufficient information on their structure and value. Refraining from criminal prosecution even in cases causing high loss would send a dangerous signal towards the investment banking industry." (author's abstract)	en
dc.language	en	de
dc.subject.ddc	Recht	de
dc.subject.ddc	Law	en
dc.title	Financial crisis and German criminal law: responsibility of managers for highly-speculative trading with obscure asset-backed securities based on American subprime mortgages	de
dc.description.review	begutachtet	de
dc.description.review	reviewed	en
dc.source.volume	49	de
dc.publisher.country	DEU
dc.publisher.city	Trier	de
dc.source.series	Rechtspolitisches Forum
dc.subject.classoz	Recht	de
dc.subject.classoz	Law	en
dc.subject.thesoz	Finanzkrise	de
dc.subject.thesoz	financial crisis	en
dc.subject.thesoz	Bundesrepublik Deutschland	de
dc.subject.thesoz	Federal Republic of Germany	en
dc.subject.thesoz	Strafrecht	de
dc.subject.thesoz	criminal law	en
dc.subject.thesoz	Verantwortung	de
dc.subject.thesoz	responsibility	en
dc.subject.thesoz	Manager	de
dc.subject.thesoz	manager	en
dc.subject.thesoz	Spekulation	de
dc.subject.thesoz	speculation	en
dc.subject.thesoz	Wertpapier	de
dc.subject.thesoz	securities	en
dc.subject.thesoz	Strafverfolgung	de
dc.subject.thesoz	prosecution	en
dc.subject.thesoz	Bankgewerbe	de
dc.subject.thesoz	banking	en
dc.identifier.urn	urn:nbn:de:0168-ssoar-331329
dc.date.modified	2012-05-29T13:47:00Z	de
dc.rights.licence	Deposit Licence - Keine Weiterverbreitung, keine Bearbeitung	de
dc.rights.licence	Deposit Licence - No Redistribution, No Modifications	en
ssoar.contributor.institution	USB Köln	de
internal.status	formal und inhaltlich fertig erschlossen	de
internal.identifier.thesoz	10062414
internal.identifier.thesoz	10037571
internal.identifier.thesoz	10048351
internal.identifier.thesoz	10057756
internal.identifier.thesoz	10044475
internal.identifier.thesoz	10039692
internal.identifier.thesoz	10062216
internal.identifier.thesoz	10059426
internal.identifier.thesoz	10037626
dc.type.stock	monograph	de
dc.type.document	Vortrag	de
dc.type.document	lecture	en
dc.rights.copyright	f	de
dc.source.pageinfo	19	de
internal.identifier.classoz	40101
internal.identifier.document	31
dc.contributor.corporateeditor	Institut für Rechtspolitik an der Universität Trier
internal.identifier.corporateeditor	194
internal.identifier.ddc	340
dc.description.pubstatus	Unknown	en
dc.description.pubstatus	unbekannt	de
internal.identifier.licence	3
internal.identifier.pubstatus	4
internal.identifier.review	2
internal.identifier.series	454
internal.check.abstractlanguageharmonizer	CERTAIN
internal.check.languageharmonizer	CERTAIN_RETAINED

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