Don't Ask:  Don't Tell

This Economic Disaster

Video - Lecture By William K. Black

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. (Run Time: 1 hour, 38 min.)

Posted August 11, 2009

 

 

 

Click on "comments" below to read or post comments

  Comment (0)

Comment Guidelines
Be succinct, constructive and relevant to the story. We encourage engaging, diverse and meaningful commentary. Do not include personal information such as names, addresses, phone numbers and emails. Comments falling outside our guidelines – those including personal attacks and profanity – are not permitted
.
See our complete Comment Policy and use this link to notify us if you have concerns about a comment. We’ll promptly review and remove any inappropriate postings.

In accordance with Title 17 U.S.C. Section 107, this material is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. Information Clearing House has no affiliation whatsoever with the originator of this article nor is Information ClearingHouse endorsed or sponsored by the originator.)

 

Email Newsletter icon, E-mail Newsletter icon, Email List icon, E-mail List icon

 Sign up for our Daily Email Newsletter

 

 Please help  Support   Information Clearing House

One-Time Donation
 
$
Recurring Monthly Donation
 
$
Thank you for your support

HOME

COPYRIGHT NOTICE

 

Video