On Fri., Apr. 3, 2009, Bill Moyers interviewed for half an hour Bill Black of the Univ. of Missouri-Kansas City, a former bank regulator and former director of the Institute for Fraud Prevention, a consortium of organizations and companies committed to multi-disciplinary research.  --  Black charged banks, ratings agencies, and other financiers with deliberate and systemic fraud.[1]  --  Black said Congress has been complicit in the cover-up, and that U.S. Treasury Secretary Timothy Geithner and others like him, because they are “scared to death of a collapse,” are “absolutely” deliberately “covering up” the extent of the problem.  --  Moreover, he said that Geithner testified falsely to Congress during his confirmation hearings.  --  Black said he is disillusioned by the policies adopted by President Barack Obama in the financial sphere, though he supported his candidacy:  “First, the policies are substantively bad; second, I think they completely lack integrity; third, they violate the rule of law.”  --  “The tragedy of this crisis is that it didn’t need to happen at all,” Black said....

1.

MOYERS 1/3: SHARING THE BLAME FOR THE ECONOMIC CRISIS?

YouTube
April 3, 2009

http://www.youtube.com/watch?v=CQ4JXW_ErXQ

Bill Moyers Journal

Sharing the Blame for the Economic Crisis?...

William K. Black, former senior bank regulator.

2.

MOYERS 2/3: SHARING THE BLAME FOR THE ECONOMIC CRISIS?

http://www.youtube.com/watch?v=WOA1RpK7ttg

Bill Moyers Journal

Sharing the Blame for the Economic Crisis?...

William K. Black, former senior bank regulator.

3.

MOYERS 3/3: SHARING THE BLAME FOR THE ECONOMIC CRISIS?

http://www.youtube.com/watch?v=vMDLx_-f1L4

Bill Moyers Journal

Sharing the Blame for the Economic Crisis?...

William K. Black, former senior bank regulator.