Black's expertise is in white-collar crime, public finance, regulation, and other topics in law and economics. He developed the concept of "control fraud", in which a business or national executive uses the entity he or she controls as a "weapon" to commit fraud.
Black was litigation director for the Federal Home Loan Bank Board deputy director of the Federal Savings and Loan Insurance Corporation and Senior VP and the General Counsel of the Federal Home Loan Bank of San Francisco which regulated some of the largest thrift banks in the U.S.
Black was a central figure in exposing congressional corruption during the Savings and Loan Crisis. Imprisoning over 1000 financiers.
His book is excellent. . .Unfortunately, the banksters made enough in this last wave of crime to buy themselves a President. . .Obansta Obama is going to drive this country over the financial cliff. . ..
0gods 4 months ago
I don't want to see the Banksters and Cronies in jail - I want to see them totally broke, every penny taken from them, so all that's left is to see them living on skid row in a cardboard box and begging for pennies on the street corner - forever!
Saywhatyoumust 4 months ago
That was an excellent interview. Bill Black explains it very well.
coldcallinguk 4 months ago
Wilson put in writing that he enslaved us.....
f5thwheel1 4 months ago
It's 1928 all over again
f5thwheel1 4 months ago
Talk about control the economy..... I tried to buy a couple acres of land a couple years ago to start an organic farm and the banks said they no longer give land only loans. They figure by not giving land only loans (and stopping me from starting my own business) they would cut down housing foreclosures...?!?!?
More like keep land reserved for those who don't need loans to cherry pick through. Illegal as hell.
f5thwheel1 4 months ago