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... > social science subjects > criminology and criminal justice > criminology > white-collar and corporate crime > key people in white-collar and corporate crime > Joseph Jett

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Joseph Jett  

Definition

  • JOSEPH JETT WAS dismissed by the prestigious Wall Street firm Kidder Peabody in April 1994, accused of fraudulently booking $339 million in phony profits on bond trades in his position at the Kidder bond desk. With so many cases of rogue traders bringing down financial institutions, both on Wall Street and internationally, it was not hard to believe that the case of Jett at Kidder Peabody fit into the familiar pattern.But Jett and some former colleagues insist that his case was different. [Source: Encyclopedia of White-Collar & Corporate Crime; Jett, Joseph (1958–)]

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https://concepts.sagepub.com/social-science/concept/Joseph_Jett

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