William K. Black's Theory of Corporate Fraud

[lizardfirefighter110]

Hey if the FBI had that many reports on fraud in2008 how many did they have in 2005 and 2006? Point is they new what was coming and their reports and concerns were covered up. Obama is right in the middle of this!

[Yelzoe4]

I will call Bill BLACK, not just a master but The Real WHISTLEBLOWER!

The world is lucky to have such a brilliant man!

[ehpl]

you only need one or two psyhopaths in control of the wheel to infect the rest with their valueless values

[cardiffsaint]

can this guy do it again?

[ParapaDrifter]

so, does this kind of culture exist in regulatory, bureaucratic organizations?

[wompeter1]

@ParapaDrifter Way to not get the point, moron. But we hear your FoxNews-flavored duckquacking loud and clear.

[andmaketherain]

I am surprised they have not murdered William K. Black.

[73HNiNJ4]

@andmaketherain someone from goldman sachs actually tried to. it talks about it in the wall street episode of conspiracy theories

[ZaneOneTwo]

Stupid men calling themselves geniuses patting each other on the back makes me sick.1% control ! Stop drinking the kool aid America

[romeoechomike369]

With all the knowledge available about what has taken place, how do we stop it?  Talking ourselves to death won't do it! We know boycotting goods and services will work, as it did with the bus boycott doing the civil rights struggle in the South. However, I believe the draconian measures in Patriot Acts 1 & 2 were forced down our throats out of fear that the American people would rise up and violently oppose what the government did on 911. But it didn't happen, & the sheep are ready to die!

[AroundSun]

Fraud and using the government as a intervening force are the only two ways capitalism can be abused! Unfortunately only one of those ways are illegal.

[wompeter1]

@AroundSun Way to not get the point, moron. Go back to yanking yourself off to FoxNews.

[AroundSun]

@wompeter1 are you one of these anti capitalist morons? Do you really think that a private central banking system with the privilege of creating its own currency has anything to do with capitalism? Artificially low interest rates and high monetary inflation? I guess Rachel Maddow's journalism classes didn't teach her this lol....

[hipocampelofantocame]

This video expresses very clearly what I have been thinking for some time.

The US financial world lost its moral compass a while back. To recoup this

important aspect of the business, one must acquire new leadership, but please

remember the high percentage of university students who admit to cheating,

and feel that it's OK. That also requires restructuring.

[wompeter1]

@hipocampelofantocame We've been saturated with media for nearly two generations that encourages cheating of all kinds and in all areas of life--Dirty Harry is a hero, for example, and clever thieves usually win instead of losing and are given the glamour treatment. Moral relativism isn't just about sex.

[hipocampelofantocame]

@wompeter1 Thanks for the reply. I've never felt that moral relativism, or

lack of it, ever really had anything to do with sex. For the rest, we have to

retrogress big time.

[rachaelmontague]

What an important point: Loser idiot fraudsters surround themselves with people that call them transcendent geniuses. . .

[tom87pate]

Professor Black; thanks for being an honest man in a increasingly dishonest world! Hillbilly from Indiana.

[zevkirsh]

this man should be running the fed. i only wonder that if the secrets of the fed were suddenly open to him, he's undertstand why all this cheating is going on and why it can't be stopped and thus, why he needs to keep it quiet and paper it over.

[blankfeinlloyd]

@zevkirsh

catch me if you can.

[mrgoodvibrations]

Thanks will share this powerful video.

[scaleindependent]

Must See. Share it with everyone you know!

[WindHarps]

It's the ENRON mentality/culture, as summed up by Cheney: "This is our due."