Bill Black – to rob a country, own a bank

The five-part video interview below features Bill Black, associate professor at UMKC, former bank regulator who helped sorting out the savings and loans mess, and author of The best way to rob a bank is to own one. Do not miss this thought-provoking footage.

Part 1

Black talks about deliberate fraud on Wall Street.

Source: YouTube, March 19,2010.

Part 2

The finance sector is a huge parasite – it transfers wealth from the poor to the wealthy.

Source: YouTube, March 20, 2010.

Part 3

There are so many shoes to fall from this crisis that it will be like Imelda Marcos’s closet after an earthquake.

Source: YouTube, March 21, 2010.

Part 4

Ten steps to reform the finance sector that the Administration and Congress won’t do.

Source: YouTube, March 22, 2010.

Part 5

What will it take for real finance reform? The next “big one” will be much worse.

Source: YouTube, March 24, 2010.

Source: Hat tip: The Big Picture, March 30, 2010.

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