Easy money, speculation and fraud, you can’t have a bubble without all three. Lately, it’s the fraud that has stolen the spotlight.
That’s where Bill Black comes in.
As one of the chiefs during the S&L crisis twenty years ago, he helped send over a thousand crooked bankers to the big house.
Today, he’s calling BS–again– on the whole bloody episode that was the housing bubble.
He appeared earlier this week with Dylan Ratigan…..
Visit msnbc.com for breaking news, world news, and news about the economy
Something to think about the weekend before an election. The truth is out there.
Related Article:
The No Spin Zone: Bill Black Calls BS
Epic Fail: Brooksley Born Demolishes Alan Greenspan
Matt Taibbi: Goldman is “Re-creating the conditions for another crash”
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