The Wall Street Journal’s Weird Embrace of Pseudo Science and the War on Real Science
By William K. Black The Wall Street Journal published a self-revealing news article on Tennessee’s recently adopted law (modeled on a template created by the Discovery Institute – a Christian group whose ultimate goal is preventing the teaching of the … Continue reading →
The Wall Street Journal’s Weird Embrace of Pseudo Science and the War on Real Science
“Pink slime” just had its fifteen minutes of fame. BPI, the producer of pink slime, calls it “Lean Finely Textured Beef.” BPI’s slogan is “expect a higher standard.” Pink slime starts with fatty tissues that are … Continue reading →
The Silver Anniversary of the “Keating Five” Meeting – Citizens United’s Precursor
By William K. Black April 9, 2012 is the twenty-fifth anniversary of the most infamous savings and loan fraud, Charles Keating’s, successful use of five U.S. Senators to escape sanction for a massive violation of the law. The Senators were … Continue reading →
The Silver Anniversary of the “Keating Five” Meeting – Citizens United’s Precursor
By William K. BlackCriminologists know that accounting control fraud causes greater financial losses than all other forms of property crime – combined. Some of the world’s best economists, George Akerlof and Paul Romer, praised the S&L re…
By Marshall AuerbackHere’s the draft of the supposed agreement to “sort out” the Greek debt problem once and for all. According to Bloomberg, here are the essentials: Greece’s 2012 GDP will shrink by as much as 5%.Greece is expected to return to growt…
William K. Black talks with EconTalk host Russ Roberts about financial fraud, starting with the Savings and Loan debacle up through the current financial crisis. Black explains how bank executives can use fraudulent loans to inflate the size of th…
By William K. BlackThe Obama administration’s record of prosecuting elite financial frauds is worse than the Bush administration’s record, which is a very large statement. Syracuse University’s TRAC issued a report on November 11, 2011 entitled �…
By William K. BlackI wrote recently about Apple’s release ofinformation from its “audits” of its major suppliers. Apple constructed the release to deny thepublic information on the identity of the suppliers that defrauded andendangered the …
By William K. BlackApple has released a report on working conditions inits suppliers’ factories. It highlightsa form of control fraud that criminology has identified but rarelydiscussed. I write overwhelmingly aboutaccounting control frau…
Don’t miss William K. Black on today’s Firedoglake book salon. Professor Black will be chatting with Dylan Ratigan about his new book, Greedy Bastards: How We Can Stop Corporate Communists, Banksters, and Other Vampires …
