Interview with Bill Black: The Great Global Bank Robbery
Wednesday, 04/21/2010
When it comes to White-Collar Crime and Control Fraud, the Roosevelt Institute Braintruster William K. Black is surely the leading expert to ask. In an exclusive interview in two parts, he answers questions related to major causes for the financial / economic crisis, the SEC charges against Goldman Sachs and the importance of drug money for the survival of the international banking system in our times.
William K. Black developed the concept of “Control Fraud” and focuses in his research on the factors of “criminogenic environments” that produce epidemics this dangerous phenomenon.
Who better to ask on matters of economic warfare?
And fraud?
And on a certain German opinion-maker?
The following exclusive interview with William K. Black is a Joint Venture between New Deal 2.0 in the USA and MMNews in Germany.
The Interview: Part 1 | Part 2
“Goldman designed a rigged trifecta. It turned a massive loss into a material profit by selling deeply underwater, toxic CDOs it owned. It helped make John Paulson (CEO of a huge hedge fund that Goldman would love to have as an ally) a massive profit - in a ‘profession’ where reciprocal favors are key, and blew up its customers that purchased the CDOs.”
2 Notes/ Hide
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