The current global financial crisis has focused much attention on the conduct, and indeed misconduct of those who operate within financial systems, and the importance of putting in place regulation which is capable of preventing future ‘shocks’ through promoting so called ‘systemic’ stability. From the earliest stages of the crisis, much of the spotlight on future approaches to financial sector regulation has become fixed on institutions and individuals involved in banking activity. This was sometime ahead of the latest raft of scandals, most centrally the exposure of LIBOR fixing, which has ensured that discussions about responding to banker misconduct using criminal enforcement are now at centre-stage.
This book offers an extensive study of fraud trials from the nineteenth century, examines the social processes that informed this and shows how the way that financial crime impacted upon Victorian society is essential for gaining true appreciation of the "fight against fraud" in twenty-first century Britain.
Sarah Wilson is an academic lawyer with a background also in history. She has worked on financial crime, both as it affects society today and in its historical origins, for the last ten years. A full time academic, she has worked at Leeds, Keele and Manchester Universities and is currently at the School of Law at York University.
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