iOS app Android app

William Black

Watch: Too Big to Jail?

Bill Moyers | Posted 12.06.2014 | Politics
Bill Moyers

Attorney General Eric Holder's resignation last week reminds us of an infuriating fact: No banking executives have been criminally prosecuted for their role in causing the biggest financial disaster since the Great Depression.

Tyranny of Plutocracy: Holding People Hostage Over a Fiscal & Climate Cliff

Michele Swenson | Posted 02.26.2013 | Denver
Michele Swenson

The common good continues to be subordinated to the corporate bottom line in Washington, where dialogue has been almost exclusively reduced to forms of extortion of the working class by the monied class, at the expense of the planet and democracy.

A Grand Throwdown?

Jim Kessler | Posted 01.23.2014 | Politics
Jim Kessler

Do we do it under a president who cares deeply about the safety net, or kick the can to some future president who may be less committed to the elderly and vulnerable? The fiscal cliff threatens the recovery, but it also presents Democrats an opportunity.

Homeowner Activists: We Told You So

Richard Zombeck | Posted 05.25.2011 | Business
Richard Zombeck

The media has finally started covering the foreclosure fiasco. But while some see it as the beginning of a long string of investigative reporting, the rest of us know that it was only a matter of time before the next distraction.

Dan Froomkin

What In The World Is Going On Inside Bank Of America? | Dan Froomkin | Posted 05.25.2011 | Business

WASHINGTON -- You could do a lot worse things with your time than read every word of what William K. Black and L. Randall Wray have written for the Hu...

Dan Froomkin

FDIC Called On To Put Bank Of America Into Receivership | Dan Froomkin | Posted 05.25.2011 | Business

Charging that the ongoing foreclosure fraud epidemic is the work of precisely the same unrepentant bank officers whose fraudulent mortgage schemes cra...

The Highlights and Lowlights of the Financial Crisis Hearings

Huffington Post | Nathaniel Cahners Hindman | Posted 05.25.2011 | Business

Over the last year and a half, Congressional committees and bipartisan panels like the Financial Crisis Inquiry Comission (FCIC) charged with investig...

Comparing BP to Wall Street: Can We "Fix" It?

Danny Schechter | Posted 05.25.2011 | Business
Danny Schechter

Either by becoming willfully blind to excessive risk taking or by maintaining policies that encouraged destabilizing behaviors, policymakers and regulatory agencies contributed to the financial system's collapse.

Dan Froomkin

William Black Warns That Financial Reform Bill Won't Stop The Wall Street Crime Wave | Dan Froomkin | Posted 05.25.2011 | Business

The securities fraud case against Goldman Sachs is a powerful reminder that the financial crisis responsible for millions of lost jobs and lost homes ...

Richard Fuld, Former Lehman CEO, Dodges Questions On Why Bank Failed (VIDEO)

Huffington Post | Ryan McCarthy and Nathaniel Cahners Hindman | Posted 05.25.2011 | Business

In a maddening exchange today between former Lehman Brothers CEO Richard Fuld and Rep. Paul Kanjorski (D - PA.) in front of the House Financial Servic...

Weekly Audit: Congress Must Get Tough On Wall Street

The Media Consortium | Posted 05.25.2011 | Home
The Media Consortium

by Zach Carter, Media Consortium blogger Congress returns from its April recess this week with financial reform at the top of its to-do list. With mil...

Mr. President, Defend America

Dylan Ratigan | Posted 05.25.2011 | Politics
Dylan Ratigan

Perhaps operating under the fear of that "if you try to actually fix something, you own it politically," our government continues to abdicate its responsibilities in the ongoing disaster in the Gulf.

Despite Thousands of Crimes Unpunished Obama Says "I Don't Want to Punish the Banks"

Mike Elk | Posted 05.25.2011 | Politics
Mike Elk

What the president should have done, in addition to calling for tough financial reform, was to call for a special task force armed with thousands of investigators to look into crimes committed by the big banks.

Wall Street and Goldman Sachs Party On

Joseph A. Palermo | Posted 05.25.2011 | Business
Joseph A. Palermo

A criminal gang of rich white guys in New York did some extremely reckless things with the nation's collective wealth, and the middle class got clobbered.

What's Still Hidden In AIG's Files?

Huffington Post Investigative Fund | Ben Protess | Posted 05.25.2011 | Business

As federal hearings into the cause of the financial crisis got underway this week, attention has focused on one key outstanding question: Whether the ...

"A New Agenda for America": Eliot Spitzer, Elizabeth Warren And 13 Others Reflect On The 80-Year Anniversary Of The Stock Market Crash of 1929

Posted 05.25.2011 | Business

"A New Agenda for America"- On the 80th Anniversary of Great Crash, What Have We Learned and What Lies Ahead? 80 years ago today, on October 29th...

Eliot Spitzer, Frank Partnoy, William Black: Treasury Should Make AIG Emails Public For 'Open Source' Investigation

New York Times | Posted 05.25.2011 | Business

A.I.G. was at the center of the web of bad business judgments, opaque financial derivatives, failed economics and questionable political relationships...

William K. Black: Bank Stress Tests "A Complete Sham" | Aaron Task | Posted 05.25.2011 | Business

The bank stress tests currently underway are "a complete sham," says William Black, a former senior bank regulator and S&L prosecutor, and currently a...

William K. Black on Geithner: "The Guy Has a Track Record of Failure Everywhere He's Gone"

Cenk Uygur | Posted 05.25.2011 | Politics
Cenk Uygur

This is beginning to feel a little like before the Iraq War when some warned of impending disaster and the administration and mainstream media blew them off.

William K. Black Talks To Bill Moyers (VIDEO)

PBS | Posted 05.25.2011 | Business

Bill Moyers interviewed William K. Black, the former Director of the Institute for Fraud Prevention, on Sunday. Black, author of "The Best Way to Rob ...

How to Stop AIG's Bonuses

Bill Black, Tom Ferguson, Rob Johnson, Walker Todd | Posted 05.25.2011 | Business
Bill Black, Tom Ferguson, Rob Johnson, Walker Todd

Today the task is to stop a grotesque abuse before it is too late. The path we outline here would do it, without throwing markets into turmoil.

The Two Documents Everyone Should Read to Better Understand the Crisis

William K. Black | Posted 05.25.2011 | Business
William K. Black

The FBI identified the epidemic of mortgage control fraud at such an early point that the financial crisis could have been averted had the Bush administration acted with even minimal competence.

Obama's Brilliant Shot Across the Bow

Peter J. Ognibene | Posted 05.25.2011 | Politics
Peter J. Ognibene

Obama made clear that he would not remain passive in the face of tactics such as the Willie Horton ad that undermined the 1988 campaign of Dukakis or the Swift Boat attacks against Kerry.

Nico Pitney

Flashback: McCain's Presidential Ambitions Raised In Keating Hearing | Nico Pitney | Posted 05.25.2011 | Politics

Prominently featured in the Obama campaign's new Keating Five documentary is a former chief federal regulator named William Black, who had a front-row...