McCarty delivers lecture on criminality in financial institutions
Charles Kyungchan MinComplexity and decentralization are two of many factors that exacerbate the criminality and corruption in financial institutions, professor of politics in the Wilson School Nolan McCarty said in a lecture on Wednesday. McCarty began his lecture by discussing the main thesis of his newly co-authored book, “Political Bubbles: Financial Crises and the Failure of American Democracy.” His discussion focused on financial crimes, such as money laundering and bank fraud, as systematic problems that shed light on the relationship between the financial sector and the federal government.







