The Great American Bank Robbery, Hammer Museum

William K. Black, the former litigation director of the Federal Home Loan Bank Board who investigated the Savings and Loan disaster of the 1980s, discusses the latest scandal in which a single bank, IndyMac, lost more money than was lost during the entire Savings and Loan crisis. He will examine the political failure behind this economic disaster, in which not only massive fraud has taken place, but a vast transfer of wealth from the poor and middle class continues as the federal government bails out the seemingly reckless, if not the criminal. Black teaches economics and law at the University of Missouri, Kansas City and is the author of The Best Way to Rob a Bank Is to Own One.

Category:

Education

Tags:

• ucla
• uclachannel
• hammer
• museum

[motorolav878]

Very interesting content. I'm surprised it does not have more views. It seems people are more interested in tmz crap. (sigh)

[wjksea]

It is stunning how some videos receive an enormous amount of viewers while others do not. Perhaps there is some fraud happening there as well. Sort of like Ann Coulter being on the best seller list not because citizens in mass are buying her trash.

[jonnydturk]

@akamal1113 I see the defensive comments of others to your comments, but, hey, if all the names of the crooks involved were Italian, for example, wouldn't it be logical to make some sort of association?

[Aiden057]

Please go look up Frank Rich's article, find it with a serach for "The Annotated Frank Rich" "Obama's Original Sin." Things that were once opposed by some Democrats is now bipartisan concensus and so slips out of the news cycle.

[NoticeOfDefault]

@AceOfHeart2012 lol

[AceOfHeart2012]

On the positive side, it's not real money.

[TaurusLT]

There is no doubt that prof William K. Black is very insightful speaking and uncovering global white collar financial crime syndicate.

Ironically his speech is staged at Armand Hammer Museum. The same individual who was dealing with the Soviets selling them US technology in "Cold War" years and benefiting major US oil and defense sector companies in the "arms race" game....Sounds familiar?

[pagola]

@mephistophelespav  sadly enough we cant do anything...they have robbed us blind

[cinesimonj]

@akamal1113 Oh, grow up.

They're also male.They're also American.

What's more, the people you mention are nowhere near as responsible as so many others.

I can't even call you comment antisemitic - it's just too childish to call it anything but sad, pathetic ignorance.

[akamal1113]

Jews resposible for these frauds. Geithner, Rubin, Larry Summers, Paulson, Greenspan. All these people are Jews.

[n66178]

@mephistophelespav We can demand justice. LOUDLY. We are 99%. They are less than 1%. They always fear the masses. Always.