Saturday, April 24, 2010

Bill Moyers Journal: "William K. Black on Fraud" @ PBS.org

In the wake of the civil criminal charges against a few of Wall Street's looting bankers Moyers (his shows will end on May 1st) brings the University of Missouri at Kansas City's professor on the show to throw the blanket of secrecy off and reveal the criminal nature of this Great Recession.

[Excerpt] ...

Those measures face stiff opposition from most of the Republican Party and an army of lobbyists from Wall Street who have the ear of members of Congress on both sides of the aisle.

William K. Black thinks President Obama didn't acknowledge a key component in the financial crisis that the bills before Congress won't address — fraud. ...

Read the transcript, watch the video or listen at the permanent PBS site for the Journal, click here.

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