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William Black

William K. Black, author of THE BEST WAY TO ROB A BANK IS TO OWN ONE, teaches economics and law at the University of Missouri Kansas City (UMKC). He was the Executive Director of the Institute for Fraud Prevention from 2005-2007. He has taught previously at the LBJ School of Public Affairs at the University of Texas at Austin and at Santa Clara University, where he was also the distinguished scholar in residence for insurance law and a visiting scholar at the Markkula Center for Applied Ethics.

Black was litigation director of the Federal Home Loan Bank Board, deputy director of the FSLIC, SVP and general counsel of the Federal Home Loan Bank of San Francisco, and senior deputy chief counsel, Office of Thrift Supervision. He was deputy director of the National Commission on Financial Institution Reform, Recovery and Enforcement.

Black developed the concept of "control fraud" frauds in which the CEO or head of state uses the entity as a "weapon." Control frauds cause greater financial losses than all other forms of property crime combined. He recently helped the World Bank develop anti-corruption initiatives and served as an expert for OFHEO in its enforcement action against Fannie Mae's former senior management.

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1 Wall Street: It’s “Icky and Un-American” to ‘Short’ Frauds
2 Reality Virus Infects Kansas Legislators, Brownback Immune
3 Why did Preet Bharara Refuse to Drain the Wall Street Swamp?
4 Why Was Tom Perez Willing to be the New Democrats’ DNC Stalking Horse?
5 Kenneth Arrow’s (Ignored) Impossibility Theorem
6 Quis custodiet ipsos custodies? Jean Tirole’s Proposal to Appoint Felons to Monitor CEOs
7 CalPERS Seek to Destroy its Most Effective Director
8 The New Democrats’ Addiction to Austerity Will Not Die
9 The Democratic Party’s “Centrist” Leaders Remain Clueless
10 The Washington Post’s Propaganda about Russian Propaganda
11 Krugman’s Failure to Speak Truth to Power about Austerity
12 Bloomberg Notices Paul Romer’s Indictment of Macroeconomics
13 The Liberals Didn’t Listen: The Immense Cost of Ignoring Tom Frank’s Warnings
14 Wall Street’s Apologist-in-Chief Mansplains Regulation to Senator Warren
15 Bank of England: Taking the Banks’ Fraud Proceeds Slows Growth
16 Covering Up Whistleblowers’ Disclosures Should Be Illegal
17 Thomas Friedman Worships Lifetime Learning but Refuses to Learn
18 Thomas Friedman: This Time is Different: Deregulation Makes Banking Safe
19 Thomas Friedman Wants A “Center-Left” Democratic Party Based on Austrian Economic Myths
20 Why Don’t Giuliani’s Critics Attack Him For What He Actually Said?
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