Dr. William K. Black: The Great American Bank Robbery

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."

Set aside some time to watch this one.

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Comments

[DailyBail]

Here is Ian's financial blog...thanks again for sending the clip...

http://www.thebarricadeblog.com/


And here is our earlier coverage of Black...make sure to see this if you haven't already...from Bill Moyer's Journal on PBS...

http://dailybail.com/home/sl-regulation-heavywieght-william-black-charges-geithner-sum.html

[Gobias Bluth]

The dailybail front page game...

Where's Obama (Waldo)

Find the hidden Obama joker and you win big!!!

[James H]

Ian's blog has some really cool stuff on it. Some very thoughtful and well-written posts. Thanks for the link.

[James H]

Just started watching this. This is awesome. At about 38:00, they start talking about all our favorite topics: What's up with Obama? Why is he listening only to failures like Summers and Geithner? WTF is going on here -- how is this fair?

At 40:20, Black rips Geithner an entire, new asshole. From scratch. Black at his brutally honest best. Don't miss.

[Blown Away]

After watching the video one thing strikingly clear is that the currupt foundation since 1913 is protected by Mr. Black. See 86:56 as he gets glib and defended by the host. The rest of what appears to be smart and witty becomes blah blah blah blah blah from a seemingly keystone kop wanna be that is Mr. Black. The most dangerous to true reform as his smarts tend to distract from proper remedy which would be to end the Fed and all central banking, replace fiat money with currency backed by value and require 100% banking reserves. All the rest is smoke and mirrors.

Peace

[DailyBail]

@Blown Away...

Have you seen this?

Federal Reserve Policy Audit Legislation ‘Gutted,’ Paul Says
http://www.bloomberg.com/apps/news?pid=20601103&sid=atc2o1ijLRno

[S. Kelton]

If you'd like to keep close tabs on Mr. Black, please link to our site. He is a colleague and regular contributor.

[S. Kelton]

Sorry -- Bill Black currently blogs for us at: http://www.neweconomicperspectives.blogspot.com

[Z]

Great post Gobias!! Obama is golfing.

Good to see you again.