Reform The Money

Bill Black — "Reagan Made S&L Crisis Vastly Worse" on The Real News Network (February 7, 2011)Former S&L regulator Bill Black explains the Reagan administration's role in deepening the Savings & Loan crisis of the 1980s.William K. Black, associate professor of economics and law at the University of Missouri, Kansas City, teaches White-Collar Crime, Public Finance, Antitrust, Law & Economics. A former financial regulator, he held several senior regulatory positions during the S&L debacle. Black is the author of The Best Way to Rob a Bank Is to Own One (2005) which focuses on the role of “control fraud” in financial crises. Black developed the concept of "control fraud" — frauds in which the CEO or head of state uses the entity as a "weapon." Control frauds cause greater financial losses than all other forms of property crime combined.DownloadBill Black's website is: University of Missouri-Kansas City School of LawSource: The Real News NetworkAired: 02/07/11 12:00 AMThis podcast is an aggreg