Financial Crisis & Fraud – A Guide with former Financial Regulator William Bill Black
In this exclusive interview with former U.S. financial regulator, author and academic, William Bill Black, we define and talk about the role of a financial regulator generally. Thereafter we proceed to talk about “savings and loan” crisis in the United States during the 80s, what Bill uncovered during this time as a financial regulator and how this crisis paved the way for the financial crisis of 2008. In addition we examine the infrastructure (High frequency trading) & tools that the financial industry employs to maximize profit and what social costs these have on the rest of society.
To read the full transcript, click here: Financial Crisis & Fraud – A Guide with former Financial Regulator William Bill Black
VIDEO: Financial Crisis & Fraud – A Guide with former Financial Regulator William Bill Black
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ABOUT BILL BLACKBill Black is a professor of Economics and Law at the University of Missouri – Kansas City (UMKC) and the Distinguished Scholar in Residence for Financial Regulation at the University of Minnesota Law School. He is a white-collar criminologist. He was the Executive Director of the Institute for Fraud Prevention from 2005-2007. He was a senior financial regulator instrumental in ‘reregulating’ the Savings & Loan industry to counter the debacle and aiding the successful prosecution of over 1,000 elite white-collar criminals. He is a co-founder of Bank Whistleblowers United. He authored The Best Way to Rob a Bank is to Own One with blurbs from Paul Volcker and George Akerlof.
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Português: A Bolsa de Valores de São Paulo (Bovespa).
English: The São Paulo Stock Exchange (Bovespa).