TED Talks: William Black – How to Rob a Bank . . . (from the inside, that is)
William Black is a former bank regulator who’s seen firsthand how banking systems can be used to commit fraud — and how “liar’s loans” and other tricky tactics led to the 2008 US banking crisis that threatened the international economy. In this engaging talk, Black, now an academic, reveals the best way to rob a bank — from the inside.
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Liars loans first name was called “none stated” and were meant for only a small percentage of those who actually qualified for them “only” Until it was challenged that it was “discrimination” So they let all those known as minorities on food stamps and unemployment in on the same qualification basis, by giving who ever breaths have a none stated loan… BOTTOM LINE!!!! Democrats had it passed thru congress,with the Clinton administration! that is a start to finish bottom line. And that is why nobody who should of been punished has been punished.