Dr. William K. Black: The Great American Bank Robbery
Oct 21, 2010 at 4:32 PM
DailyBail in bailout video, bailouts, banks, dr. william k. black, failed banks, indymac, regulation, s & l crisis, video, wall street
Hat tip to reader and blogger Ian Williams for sending us this phenomenal clip. We've profiled the esteemed truth-teller countless times before and do so again with this recent speech he delivered at UCLA. I haven't yet watched the entire 90 minutes, so I will present the short summary Ian sent along with his email:
"Great piece by William Black discussing what real regulators did back in his day. He mentions that the Keating 5 literally wanted to kill him for his whistleblowing, and discusses the $400 million lawsuit they filed to muzzle him, as well as the role of the FBI was during this entire sordid mess. Outstanding stuff all the way through. We need all regulators like this - Mary Shapiro could learn a lesson or two."