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 Mankiw Morality in a Mash Up with Mankiw Myths
2 Web Site Devoted to Helping Customers Cheat Cheated its Customers
3 Free Markets Mean Zero Economic Profit – or a 99% Profit Markup
4 Paul Krugman and Holman Jenkins Shill for the Giant Banks
5 How Bernie’s Economic Policies Fit into Economic Theory
6 Bill Clinton's Blood Libel of the American People
7 “Liberal” Economists Cheered the New Democrats’ Deregulation of Finance
8 Hillary and Bill and Paul Krugman Race to the Right to Stop the Bern
9 The Myth that Obama’s Taking Huge Contributions from Wall Street Was Fine
10 The Worst of the Worst of the Worst: New Century and its Economics Shills
11 The Republican Candidates Agree that the System is Rigged for the Rich
12 LIBOR: History’s Largest Financial Crime that the WSJ and NYT Would Like You to Forget
13 The New York Times Urges the Troika to “Make an Example of Greece”
14 BBC Propaganda War v. Greece Reaches New Low After "No" Vote
15 Greece Proves Again Why Democracy is the Criminal Classes’ Great Fear
16 The BBC’s Inept but Revealing Attempt at a Game Theoretic View of Greek Crisis
18 Roger Cohen Laments his Inadequate Schadenfreude because the Greeks Don’t Suffer Enough
19 Geithner’s Ghost Writer and the Parable of the River of Risk
20 The WSJ and Barron’s Apologists for the Banksters Peddle Wallison’s Fables,, The Real News Network, Real News Network, The Real News, Real News, Real News For Real People, IWT are trademarks and service marks of Independent World Television inc. "The Real News" is the flagship show of IWT and The Real News Network.

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