Showing posts with label Bill Black. Show all posts
Showing posts with label Bill Black. Show all posts

Wednesday, August 14, 2013

Bill Black ~ The Government is Finally Arresting Wall Street Bankers...For Losing Wall Street's Money

Bill Black ~ The Government is Finally Arresting Wall Street Bankers...For Losing Wall Street's Money . The Dept. of Justice will let JP Morgan's London Whale off the hook while prosecuting low-level traders.





Sunday, August 4, 2013

Bill Black: The Right Should Support the Return of Glass-Steagall

Bill Black: Glass-Steagall prevented a classic conflict of interest that any side of the aisle can blatantly see , Why the Right Should Support the Return of Glass-Steagall




The financial industry brought the economy to its knees, but how did they get away with it? With the nation wondering how to hold the bankers accountable, Bill Black, the former senior regulator who cracked down on banks during the savings and loan crisis of the 1980s. Black offers his analysis of how exporting the manufacturing industry to poor countries like bangladesh actually costs more and not less , and how Obama is leading us to more austerity and that austerity is a disaster , Bill Black is the author of "The Best Way To Rob a Bank is to Own One"


Friday, June 28, 2013

BILL BLACK ~ We Should Reinstate reinstate Glass-Steagall Act

Three former financial regulators testify to the House Financial Services Committee in support of reinstating Glass-Steagall legislation and addressing Too Big to Fail Banks.


Bill Black is a former bank regulator who played a central role in prosecuting the corruption responsible for the S&L crisis of the late 1980s. He is one of America's top experts on financial fraud. And he laments that the US has descended into a type of crony capitalism that makes continued fraud a virtual certainty - while increasingly neutering the safeguards intended to prevent and punish such abuse.
In this extensive interview, Bill explains why financial fraud is the most damaging type of fraud and also the hardest to prosecute. He also details how, through crony capitalism, it has become much more prevalent in our markets and political system.
The Best Way to Rob a Bank Is to Own One: How Corporate Executives and Politicians Looted the S&L Industry William K. Black

Tuesday, June 4, 2013

Bill Black: Deficit is Dropping but is there a Real Recovery?

William Black: With surge in stock market, the wealthier are paying more taxes but working class wages are not rising and unemployment remains high, so this does not mean a sustained recovery of the real economy is underway


The financial industry brought the economy to its knees, but how did they get away with it? With the nation wondering how to hold the bankers accountable, Bill Black, the former senior regulator who cracked down on banks during the savings and loan crisis of the 1980s. Black offers his analysis of how exporting the manufacturing industry to poor countries like bangladesh actually costs more and not less , and how Obama is leading us to more austerity and that austerity is a disaster , Bill Black is the author of "The Best Way To Rob a Bank is to Own One"

Wednesday, May 29, 2013

Largest Money Laundering Scam In U.S. History Busted


Authorities in the US and seven other countries have broken up what they call the world's largest money-laundering scheme. An online payment and money transfer website - Liberty Reserve - is believed to have moved more than 6-billion dollars of illegal funds. Bill Black: Operation involving drug money carried on for almost a decade before being charged; much bigger crimes on Wall St. go unpunished

Sunday, March 24, 2013

Bill Black : Financial Fraud From Cyprus to London to New York



The financial industry brought the economy to its knees, but how did they get away with it? With the nation wondering how to hold the bankers accountable, The Real News interviews Bill Black, the former senior regulator who cracked down on banks during the savings and loan crisis of the 1980s. Black offers his analysis of what went wrong and his critique of the bailout.
"If the American people ever allow private banks to control the issue of their currency, first by inflation then by deflation, the banks and the corporations will grow up around them, will deprive the people of all property until their children wake up homeless on the continent their fathers conquered. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs."
Thomas Jefferson
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