NEP’s Bill Black appears on The Real News Network and says don’t expect much – sadly, the British Serious ‘Farce’ Office that brought about the charges may not have the wits to carry out the prosecution. You can view with transcript here. [embedded content]
Read More »Roll-Back of Financial Regulations Has Nothing to do with Complexity or Boosting the Economy
NEP’s Bill Black appears on the Real News Network and explains that the Republicans’ effort to eliminate Dodd-Frank Act financial regulations serves the interests of the big financial institutions and has nothing to do with rules’ complexity or impact on the economy. You can view here with a transcript. [embedded content]
Read More »People of Integrity Won’t Work for President Trump
By William K. BlackJune 6, 2017 Bloomington, MN Rupert Murdoch controls the Wall Street Journal and Fox News. Even before he acquired the WSJ its editorial board was known for its members’ ultra-right wing fervor. The acquisition intensified that fervor. The editorial board’s fervor has infected the WSJ’s news pages. That is the context essential to understanding the significance of its June 6, 2017 editorial eviscerating President Donald Trump. They entitled their editorial...
Read More »FBI Investigations Are Conducted at the Discretion of its Director
NEP’s Bill Black talks to The Real News Network and explains the history and dynamics of FBI investigations, which show that they are not as unstoppable or unimpeachable as they are being made out to be. You can view with transcript here. [embedded content]
Read More »Lawyer with Responsibility for Mortgage Crisis Appointed to Take Care of Mortgage Banks
NEP’s Bill Black appears on The Real News Network discussing Trump’s appointment of Craig S. Phillips, who contributed to the 2008 financial crisis at Morgan Stanley, to take care of FannieMae and FreddieMac. You can view with a transcript here. [embedded content]
Read More »Dodd-Frank Was Designed to Fail – and Trump Will Make it Worse
By William K. BlackApril 17, 2017 Bloomington, MN William Cohan’s April 14, 2017 column in the New York Times discusses Daniel Tarullo’s swan song talk on bank regulation. Here are the key passages from that column for the first half of my discussion. Much to the relief of Wall Street executives, who feared and hated him in equal measure, Daniel K. Tarullo left his powerful perch on the Federal Reserve Board of Governors last week, but not before delivering one last lecture on how...
Read More »Ecuadorians Reject Neoliberalism in Presidential Race
NEP’s Bill Black appears on Rising Up With Sonali talking about Ecuadoreans and their choice of continuity by choosing a left-leaning government over a neo-liberal agenda in recent Presidential elections. [embedded content]
Read More »President of Richmond Fed Leaks Insider Information and Goes Free
NEP’s Bill Black appears on The Real News Network discussing the investigation into leaking of inside information and how it shows how banks and the Federal Reserve are riddled with conflicts of interest. You can view here with transcript. [embedded content]
Read More »Reality Virus Infects Kansas Legislators, Brownback Immune
By William K. BlackMarch 28, 2017 Bloomington, MN The good news is that the Kansas legislature, the land of the lunatics, experienced an outbreak of the reality virus (first diagnosed and named by Steve Keen among neoclassical economists). The bad news is that the Kansas’ Crazy-in-Chief, Governor Sam Brownback, has proven immune to the virus. Brownback decided to put Art Laffer in charge of Kansas’ taxation policy. Even neoclassical economists roll their eyes when it comes to...
Read More »Why did Preet Bharara Refuse to Drain the Wall Street Swamp?
[unable to retrieve full-text content]Why did Preet Bharara Refuse to Drain the Wall Street Swamp? William K. Black (A co-founder of Bank Whistleblowers United) March 20, 2017 The New York Times’ editorial board published an editorial on March 12, 2017, praising Preet Bharara as the “Prosecutor Who Knew How to Drain a Swamp.” I agree … Continue reading → Why did Preet Bharara Refuse to Drain the Wall Street Swamp?
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