Please use this identifier to cite or link to this item: http://hdl.handle.net/11718/9214
Title: Securities scam: genesis, mechanics, and impact
Authors: Barua, Samir K.
Varma, Jayanth R.
Keywords: Securities Scam
Issue Date: 30-Sep-1993
Abstract: The term "securities scam" refers to the diversion of funds from the banking system to various stockbrokers in a series Of transactions—primarily government securities—during the period April 1991 to May 1992. An understanding of the scam is a prerequisite for any meaningful analysis of policy alternatives to improve the functioning of the financial system. This paper by Samir K Barua and Jayanth R Varma presents a plausible reconstruction of how the scam originated, how it was perpetrated, and what would be its aftermath.
Description: Vikalpa, Vol. 18, No. 1, (January-March, 1993), pp. 3-12
URI: http://hdl.handle.net/11718/9214
Appears in Collections:Journal Articles

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