Tag Archives: William K. Black

NEP’s Bill Black appears on The Real News and says the Democrats’ demands are the result of bad economics and bad politics, while Trump’s vision is “the type of thing that comes from ingesting too much peyote”. You can view with a transcript here. [embedded content] [Translate]

“All of this is particularly bizarre because the Trump administration is having enormous difficulty getting any of its supposed agenda done, and the only person who is actively implementing the Trump agenda is Jeff Sessions,” says NEP’s Bill Black. You can view here with a transcript. [embedded content] [Translate]

NEP’s Bill Black appears on ABS-CBN news discussing bank fraud and specifically Metrobank loan fraud involving one of its executives. [embedded content] [Translate]

More than fifty economists signed onto an open letter, written by professors Ha-Joon Chang of the University of Cambridge and James K. Galbraith of the University of Texas at Austin, ahead of this year’s presidential elections in Ecuador. The letter noted: Over the past ten years, Ecuador has achieved major economic and social advances. We are concerned that many of these important gains in poverty reduction, wage growth, reduced inequality, and greater social inclusion could be eroded...

By William K. Black July 24, 2017     Kansas City, MO Jamie Dimon talked about his personal pain recently using the exact phrase that many of us have used to explain his personal anguish that “It’s almost an embarrassment to be an American citizen traveling around the world and listening to the stupid sh—t we have to deal with in this country.”  The Wall Street Journal’s “Market Watch” described Dimon’s fervor. “J.P. Morgan Chase & Co.’s outspoken CEO on Friday broke into an...

By William K. BlackJuly 11, 2017     Bloomington, MN Politico has just published a column with a title and analytics that drive white-collar criminologists nuts:  “In a major setback for businesses, CFPB opens door to consumer class actions.”  Logically, the title should have read: “In an important step forward for consumers, investors, and honest bankers and lenders, CFPB begins to restore the rule of law to banking.” The CFPB is the acronym for the Consumer Financial Protection...

The Grenfell Tower Block fire in London is a predictable consequence of policies that can be traced to Margaret Thatcher, Tony Blair and Gordon Brown, as well as those of David Cameron and Theresa May, says NEP’s Bill Black on The Real News Network. You can view here with transcript. [embedded content]

By William K. BlackJune 27, 2017     Bloomington, MN The president of the New York Stock Exchange (NYSE) launched a coordinated attack on “shorts” that mirrored his rival’s (Nasdaq) attack.  The NYSE assault, however, used bizarre rhetoric. “It feels kind of icky and un-American, betting against a company,” NYSE Group President Tom Farley told lawmakers in Washington Tuesday. The heads of the NYSE and Nasdaq have appropriated the word “transparency” to support the effort to reduce the...

By William K. BlackJune 26, 2017     Bloomington, MN There are many people culpable for the mass loss of life in the Grenfell fire in London.  At this time, we know enough about the fire and its causes to be able to discuss these matters with sufficient confidence to draw preliminary conclusions.  As always, we should also keep in mind that we do not have all the facts so some of our conclusions must be tentative. I do not focus on Tony Blair and Gordon Brown because they are uniquely...

By Bank Whistleblowers UnitedJune 25, 2017 Bank Whistleblowers United (BWU) makes its non-coveted Lemon award to the United Kingdom (UK) for actions harming whistleblowers and the world.  BWU’s three principals are highly experienced financial experts with combined practical and academic experience of over 120 years.  We are each unemployable in finance because we warned internally at are places of work and then externally about grave misconduct by the most senior financial and...