Black: The Great American Bank Robbery

| 18 August 2009 07:37

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.

avatar About Edward Harrison

Edward Harrison is the founder of Credit Writedowns and a former career diplomat, investment banker and technology executive with over twenty years of business experience. He is also a regular economic and financial commentator on BBC World News, CNBC Television, Business News Network, CBC, Fox Television and RT Television. He speaks six languages, a skill he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College.

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