The financial industry brought the economy to its knees, but how did they get away with it? With the nation wondering how to hold the bankers accountable, Bill Moyers sits down with Bill Black, the former senior regulator who cracked down on banks during the savings and loan crisis of the 1980s. Black offers his analysis of what went wrong and his critique of the bailout. This show aired April 3, 2009.
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any political party.
Prof. William Black
Professor, author, criminologist
Prof. William Black ...
selected as an American Made Hero!
- Executive Director of the Institute for Fraud Prevention (2005-2007)
- Associate Professor of Economics and Law at the University of Missouri
For Professor Black's call to save America's financial health through the writing of his book 'The Best Way to
Rob a Bank is to Own One" and for his previous efforts at combating fraud & abuse within America's finacial system which
helps America's manufacturers, Professor Black is hereby recognized as an
Bill Black is an Associate Professor of Economics and Law at the University of Missouri – Kansas City (UMKC). He was the
Executive Director of the Institute for Fraud Prevention from 2005-2007. He has taught previously at the LBJ School of
Public Affairs at the University of Texas at Austin and at Santa Clara University, where he was also the distinguished
scholar in residence for insurance law and a visiting scholar at the Markkula Center for Applied Ethics.
He is a white-collar criminologist and was a senior financial regulator during the Savings & Loan crisis.
Robert Kuttner, in his Business Week column, proclaimed: "
Black's book is partly the definitive history of the savings-and-loan industry scandals of the early 1980s. More important,
it is a general theory of how dishonest CEOs, crony directors, and corrupt middlemen can systematically defeat market
discipline and conceal deliberate fraud for a long time -- enough to create massive damage."