The collapse of Lehman Brothers is multifaceted. In reference to the text Chapters 3-6, it could be considered as corporate crime, occupational crime, statecorporate crime, or finance crime. What type of white-collar crime do you think it is? Why? How?
Be sure to post your thread with 200-250 words focusing on one specific type of white-collar crime (If you believe it is corporate crime, for instance, in your post discusses what is meant by “corporate crime” according to the text first and then cites the artifacts from the book to support your viewpoint), and to respond to two other students’ post in a timely manner. Note, the response to two other students’ post weighs 20% of the grade of this assignment. Each lack of response will result in a 2-point deduction.
* This is the book-McDonald, L. & Robinson, P. (2010). A Colossal Failure of Common Sense:
The Inside Story of the Collapse of Lehman Brothers (Paperback). New York:
Three Rivers Press (ISBN: 978-0-307-58834-0) (hereafter the book)