William K. Black was interviewed by Ian Masters on KPFK FM-90.7 – Los Angeles. Click here to listen to the full interview. You can also listen to the full program.
We begin by discussing the continued uncertainty about financial stability in the Eurozone, and the European Central Bank’s ability to weather the accumulating debt burden of Greece, Ireland, Portugal, Spain and Italy. William K. Black, the former litigation director of the Federal Home Loan Bank Board, who investigated the Savings and Loan disaster of the 1980’s, joins us to assess the exposure of German banks and how much they are hiding bad loans.