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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.

    Title Filter      Display #  
    # Article Title
    1 Meet Citi’s Ethical Underwriters That Tried to Save It and America: Sherry Hunt
    2 How FCIC Spurned Its One Chance at Greatness
    3 The DOJ and the SEC Spurn their Ace in the Hole: Richard Bowen
    4 The Lessons Richard Bowen’s FCIC Testimony Should Have Taught the Nation
    5 McCloskey Wants to Change the Title and the Substance of Her Article on Corruption
    6 Goldman Corrupt Culture
    7 The Study that Foreshadowed the Three Fraud Epidemics that Drove the Crisis
    8 The BBC Dismisses a Real Greek Economist as a Sexy “Ideologue”
    9 Geithner: “The End of Capitalism as We Know It”
    10 Syriza Wins in Greece: NYT and WSJ Still Get Their Re-Writes Wrong
    11 Syriza Wins and the NYT and WSJ Coverage Competes for Mendacity
    12 Vanity of Vanities; All is Vanity: Obama’s Vain Search for a TPP “Legacy”
    13 Obama’s Latest Betrayal of America and Americans in Favor of the Big Banks: TISA
    14 GM’s Cartoon Version of von Hayek’s “Road to Serfdom” – on the 70th Anniversary of D-Day
    15 The WSJ Suggests Hollande May Redefine Chutzpah by Complaining to Obama about BNP Paribas – on the 70th Anniversary of D-Day!
    16 Geithner: As Wrong about Soccer as Regulation
    17 Those who the gods wish to destroy: Bernanke’s Triumphal Pride
    18 Deal Book Embraces Unintentional Self-Parody
    19 Why Did George Kaufman, the Father of “Prompt Corrective Action” (PCA), Hate Ed Gray so Much that He Opposed Gray’s Embrace of PCA?
    20 Heard (but not understood) On the Street: The WSJ and Deflation, Real News Network, Real News, Real News For Real People, IWT are trademarks and service marks of IWT.TV inc. "The Real News" is the flagship show of IWT and Real News Network.

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