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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 New Labour’s Economic Illiteracy Exacts a Terrible Price: “I’m afraid there is no money.”
2 The FSA's Defense Against Blair's Attack on it Shows Why the FSA Failed
3 New Labour Leaders Want to Go Back to Blair’s Policies that Blew Up the UK
4 The Curious Case of the English “Envenom” Meme about the Scots
5 The New York Times’ Secret Rule Forbidding Its EU Writers from Reading Krugman
6 Michael Meeropol on Mankiw’s Mendacity about Adam Smith
7 Mankiw Mendacity and Morality and his League of Failed Economists
8 Lanny Breuer’s Defense of Not Prosecuting HSBC and its Officers
9 How the "Super Crunchers" Became the "Super Torturers" of Finance Data
10 Capitalism’s Defender Unknowingly Indicts the Banksters
11 The Libertarian Plea to Bring Back Jim Crow: An Oxymoron by a Regular Moron
12 HSBC Violates its Sweetheart Deal and Lynch Praises It
13 The Wall Street Journal Applauds Governor Homophobia
14 We Send Teachers to Prison for Rigging the Numbers, Why Not Bankers?
15 Meet Citi’s Ethical Underwriters That Tried to Save It and America: Sherry Hunt
16 How FCIC Spurned Its One Chance at Greatness
17 The DOJ and the SEC Spurn their Ace in the Hole: Richard Bowen
18 The Lessons Richard Bowen’s FCIC Testimony Should Have Taught the Nation
19 McCloskey Wants to Change the Title and the Substance of Her Article on Corruption
20 Goldman Corrupt Culture, 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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