William Black

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The Silver Anniversary of the “Keating Five” Meeting – Citizens United’s Precursor

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

The Amazing Vanishing Act: Accounting Control Fraud Disappears from the Regulatory Lexicon

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…