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Time Deposits, Dimensions and Fraud


Walter E. Block


Loyola University New Orleans - Joseph A. Butt, S.J. College of Business

William Barnett II


Loyola University New Orleans
July 19, 2011

Journal of Business Ethics, Vol. 88, 2009

Abstract:     
We stipulate, arguendo, that fractional-reserve-demand deposit banking is per se fraudulent. We ask whether or not time deposit banking can also be illicit, and answer in the positive, if there is a mismatch between the time dimensions of deposits and loans. To wit, if an intermediary borrows short and lends long.

Number of Pages in PDF File: 6

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Date posted: July 22, 2011  

Suggested Citation

Block, Walter E. and Barnett, William, Time Deposits, Dimensions and Fraud (July 19, 2011). Journal of Business Ethics, Vol. 88, 2009. Available at SSRN: http://ssrn.com/abstract=1889437

Contact Information

Walter E. Block (Contact Author)
Loyola University New Orleans - Joseph A. Butt, S.J. College of Business ( email )
6363 St. Charles Avenue
Box 15, Miller 321
New Orleans, LA 70118
United States
(504) 864-7944 (Phone)
(504) 864-7970 (Fax)
William Barnett II
Loyola University New Orleans ( email )
526 Pine Street
New Orleans, LA 70118
United States
Feedback to SSRN (Beta)


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