In part two of the series, Bill picks up the story of the S&L fraud of the '80s, when bankers were charged and went to jail - unlike what has happened since. Bill Black joins Paul Jay on theAnalysis.news
Bill Black Series
Bill Black traces the history of modern American financial fraud starting in this episode with the S&L Banking scandal. Bankers continue to loot their banks, customers, and society to this day. Part 1/9, on theAnalysis.news with Paul Jay.
How does a corrupt mortgage scam by brokers in California become a massive national fraud that puts the whole economy into a deep crisis? Bill Black on theAnalysis.news with Paul Jay.
The weakness of regulations and resources to enforce accountability on the finance sector is by design. Regulators’ budgets have been gutted, and even weak laws made unenforceable. Unless individual bankers go to jail when they commit fraud, nothing will change. Bill Black on theAnalysis.news with...