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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 Heard (but not understood) On the Street: The WSJ and Deflation
    2 Nobel Schizophrenia over the Georges: Stigler and Akerlof
    3 The Kamikaze Economics and Politics of Forcing Austerity on the Ukraine
    4 The Troika and the New York Times Bury the Issues, not just the Lead
    5 Wisse’s World: Where Feminists are Neo-Marxists and Inequality Critics are anti-Semites
    6 A Whistle-Blower From the Banking Industry
    7 James M. Cirona: In Memoriam
    8 Deflation: The Failed Macroeconomic Paradigm Plumbs New Depths of Self-Parody
    9 Ecuador and the Media's Selective "Victim" Memes
    10 What Would It Take To Get Andrew Ross Sorkin To Call For Jamie Dimon To Resign?
    11 Brownbackian Science in Kansas v. “Atheistic Theology Posing as Science”
    12 The NYT Implies that Not Prosecuting JPMorgan Proves DOJ’s Vigor
    13 Why Does the Media Ignore Timothy Geithner’s Disastrous Leadership of the NY Fed?
    14 The U.S. Attorney Who Prosecutes JPMorgan Will Be Its First Witness
    15 The New York Times Authors the Most Ironic Sentence of the Crisis
    16 JPMorgan: Fish Rot from the Head
    17 Cowen Condemns the Corporations he Comes to Praise
    18 Boehner's Trophy
    19 Yellen was obvious choice, except to Obama
    20 HeleThe Faux Hyper-Meritocracy that Threatens to Destroy Us, 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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