William Black

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 LIBOR: History’s Largest Financial Crime that the WSJ and NYT Would Like You to Forget
2 The New York Times Urges the Troika to “Make an Example of Greece”
3 BBC Propaganda War v. Greece Reaches New Low After "No" Vote
4 Greece Proves Again Why Democracy is the Criminal Classes’ Great Fear
5 The BBC’s Inept but Revealing Attempt at a Game Theoretic View of Greek Crisis
7 Roger Cohen Laments his Inadequate Schadenfreude because the Greeks Don’t Suffer Enough
8 Geithner’s Ghost Writer and the Parable of the River of Risk
9 The WSJ and Barron’s Apologists for the Banksters Peddle Wallison’s Fables
10 New Labour’s Economic Illiteracy Exacts a Terrible Price: “I’m afraid there is no money.”
11 The FSA's Defense Against Blair's Attack on it Shows Why the FSA Failed
12 New Labour Leaders Want to Go Back to Blair’s Policies that Blew Up the UK
13 The Curious Case of the English “Envenom” Meme about the Scots
14 The New York Times’ Secret Rule Forbidding Its EU Writers from Reading Krugman
15 Michael Meeropol on Mankiw’s Mendacity about Adam Smith
16 Mankiw Mendacity and Morality and his League of Failed Economists
17 Lanny Breuer’s Defense of Not Prosecuting HSBC and its Officers
18 How the "Super Crunchers" Became the "Super Torturers" of Finance Data
19 Capitalism’s Defender Unknowingly Indicts the Banksters
20 The Libertarian Plea to Bring Back Jim Crow: An Oxymoron by a Regular Moron
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