Black: The Great American Bank Robbery
In the video below, William Black, a well-known Associate Professor of Economics and Law at the University of Missouri – Kansas City and former top regulator at of the Federal Home Loan Bank Board during the S&L crisis, holds court.
His basic premise: the bailouts have been a massive transfer of wealth from the middle class to the monied class. He can be a very entertaining speaker. Watch this video for a few interesting tales and ideas. It runs just under 100 minutes.
Dealbreaker says bank robberies are down, but Black has a different idea of what a bank robbery is. Catch his book “The Best Way to Rob a Bank Is to Own One” at Amazon.
Our own Prof. William K. 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. He is the former litigation director of the Federal Home Loan Bank Board .
This video was on the blog Economic Perspectives from Kansas City. https://neweconomicperspectives.blogspot.com/
See here https://neweconomicperspectives.blogspot.com/2009/08/great-american-bank-robbery.html
https://neweconomicperspectives.blogspot.com/2009/06/william-black-obamas-regulation.html
https://neweconomicperspectives.blogspot.com/2009/06/csi-bailout.html