onsdag 20 maj 2009

The Best Way to Rob a Bank Is to Own One

Detta är en intervju INGEN bör missa att se.

The financial industry brought the economy to its knees, but how did they get away with it? With the nation wondering how to hold the bankers accountable, Bill Moyers sits down with William K. Black, the former senior regulator who cracked down on banks during the savings and loan crisis of the 1980s. Black offers his analysis of what went wrong and his critique of the bailout

William K. Black: CSI Bailout

Taking Hard New Look at a Greenspan Legacy
Larry H Summers, Robert E Rubin, Phil Gramm är tre personer höggradeligen involverade och ansvariga för den fianansiella härdsmälta världen nu sitter i.

Larry Summers, Tim Geithner and Wall Street's ownership of government
Rubin, Summers and Greenspan succeeded in inducing Congress -- funded, of course, by these same financial firms -- to enact legislation blocking the CFTC from regulating these derivative markets. More amazingly still, the CFTC, headed back then by Born, is now headed by Obama appointee Gary Gensler, a former Goldman Sachs executive (naturally) who was as instrumental as anyone in blocking any regulations of those derivative markets (and then enriched himself by feeding on those unregulated markets).

The Best Way to Rob a Bank Is to Own One

Catastrophic to Awful - the banking spin cycle

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