William K. Black

Higher Bank Capital Requirements are Necessary but not Sufficient – Bill Black

This is a syndicated repost courtesy of New Economic Perspectives. To view original, click here. Reposted with permission. Follow the money. Find the profits!Liquidity is money. Regardless of where in the world that money originates, eventually it flows to and through Wall Street. So if you want to know the direction of the next big…

The New York Times is Wowed that Obama’s Six Rubinites Support Larry Summers – Bill Black

This is a syndicated repost courtesy of New Economic Perspectives. To view original, click here. Reposted with permission. Follow the money. Find the profits!Liquidity is money. Regardless of where in the world that money originates, eventually it flows to and through Wall Street. So if you want to know the direction of the next big…

Larry Summers’ Take on Efficient Markets and Regulators: Brilliance v. Idiots – William K. Black

This is a syndicated repost courtesy of New Economic Perspectives. To view original, click here. Reposted with permission. Follow the money. Find the profits!Liquidity is money. Regardless of where in the world that money originates, eventually it flows to and through Wall Street. So if you want to know the direction of the next big…

Assad Reveals He’s a Bank CEO: Obama Ends Threats, Bails Out Syria & Grants Immunity – William K. Black

This is a syndicated repost courtesy of New Economic Perspectives. To view original, click here. Reposted with permission. Follow the money. Find the profits!Liquidity is money. Regardless of where in the world that money originates, eventually it flows to and through Wall Street. So if you want to know the direction of the next big…

Jared Bernstein Tries to Reimagine Larry Summers as a Foe of the Bank – William K. Black

Jared Bernstein was Vice President Joe Biden’s chief economist and was the strongest economic voice within the Obama administration opposing inflicting austerity on the Nation in response to the Great Recession. His August 28, 2013 column is entitled “Summers and the Banks.” He begins by acknowledging that Obama had dreadfully “misplayed” the choice of Ben…

Zero Prosecutions of Elite Banksters is too many Prosecutions for the Wall Street Journal – William K. Black

Unintentional self-parody was the result to a coordinated effort by the systemically dangerous institutions’ (SDIs) press flacks to gin up outrage that the Department of Justice (DOJ) would have the audacity to sue the SDIs’ for their manifold violations of the law. The Wall Street Journal recalled one of its former opinion page pundits to…

The Mystery of Cannibal Capitalists and Ecuadorian Entrepreneurs – William K. Black

This column was prompted by an unusual source for me. Cuenca High Life is a site for ex pats living in Ecuador. It often discusses serious issues of national importance. The three issues a recent volume discussed are all important economic issues and they have prompted a fourth economic issue I will discuss in this…

Mueller: I Crippled FBI Effort v. White-Collar Crime, My Successor Will Make it Worse – William K. Black

FBI Director Robert Mueller is taking his victory lap as he steps down after 12 years of service. I have done three articles in a series that explains how the Mortgage Bankers Association (MBA) conned the FBI into adopting the Tea Party’s mythology about the causes of the crisis – virginal banks beset by ultra-sophisticated…