Bank Executive Fraud on an Industrial, Global Scale: Bill Black Interview

Associate Professor of Economics and Law, University of Missouri At Kansas City

William K. Black, Associate Professor of Economics and Law, University of Missouri at Kansas City

Regardless of whether your politics is right or left, Democrat or Republican, a Bill Moyer fan or not, please watch this interview with William K. Black. Professor Black is an economist, attorney, and a faculty member of the University Missouri at Kansas City and University of Minnesota. His book, The Best Way to Rob a Bank Is to Own One details how the U. S. government in the early 1990’s under President George H. W. Bush successfully prosecuted over 1000 criminal fraud cases involving executives at America’s leading Savings & Loan institutions.

In Bill Moyers’ October 3, 2014 interview, Too Big To Jail, Professor Black discusses his insights regarding the facts that NOT ONE leading executive at any of America’s largest commercial banks has been prosecuted for criminal financial frauds that lead to the Global Financial Crisis in 2008. That fact has allowed executives like Jamie Dimon at J. P. Morgan, Lloyd Blankfein at Goldman Sachs, et al., to walk away with hundreds of millions of dollars in salary and bonus payments and free to create more and greater crises in the future.

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