Category Archives: William K. Black

Candid Candidates – HuffPost Live

Posted on September 19, 2012 by Devin Smith | 5 comments

NEP’s William K. Black appeared on Candid Candidates over at HuffPost Live. The topic of discussion was Romney’s off the cuff remarks and whether or not we should applaud this kind of honesty from the candidates.

5 Comments

Posted in William K. Black

Tagged Charles Murray, Mitt Romney

The WSJ Conflates Lending to Blacks with Imprudent Lending

Posted on September 19, 2012 by Devin Smith | 4 comments

By William K. Black

The Wall Street Journal has written a revealing editorial entitled: A Fine for Doing Good: The Justice Department sues a bank for prudent lending.

The WSJ appears to have forgotten the concept of a poll tax as a means to exclude most blacks from voting. Continue reading →

4 Comments

Posted in William K. Black

Tagged DOJ, poll tax, WSJ

Pink Slime: What we have here is a failure to communicate

Posted on September 18, 2012 by Devin Smith | 6 comments

By William K. Black
(Crossposted from Benzinga.com)

BPI, the corporation that sold the “pink slime” that was secretly added to our hamburgers has now brought a $1.2+ billion tort suit against ABC News, individual ABC journalists, two former USDA scientists, and a former BPI employee. BPI claims that the defendants defamed it by, for example, calling its meat product, which it calls “lean finely textured beef” (LFTB), “pink slime.” It’s not clear from BPI’s complaint why the ABC defendants wanted to harm BPI. Continue reading →

6 Comments

Posted in William K. Black

Tagged first amendment, pink slime

Romney dooms his Candidacy by doing the full Murray

Posted on September 18, 2012 by Devin Smith | 11 comments

By William K. Black
(Cross posted at Huffington Post)

Charles Murray’s newest book: Coming Apart: The State of White America proves two classic truths. First, it is impossible to compete with self-parody. Second, be careful what you ask for; for you may receive it. Charles Murray asked right-wing plutocrats (he dismissed left-wing plutocrats as disloyal to their class and to capitalism) to drop what he derided as “political correctness” and denounce Americans who received governmental support as immoral failures. Continue reading →

11 Comments

Posted in William K. Black

Tagged Charles Murray, Mitt Romney

Fiat Justitia? Breuer fires blanks on elite financial frauds

Posted on September 17, 2012 by Devin Smith | 20 comments

By William K. Black

Beurre blanc is the classic white butter sauce of France. Americans who hate the French claim that they became adept at saucing to cover up the rot in their meat in earlier times. A beurre blanc does not remove the rot. It masks the bad taste and the bad color of bad meat. Indeed, the sauce makes the dish even less healthy. If the rotten meat doesn’t get you, the sauce’s cholesterol will.

Continue reading →

20 Comments

Posted in William K. Black

Tagged banksters, Control Fraud, criminogenic, DPA, elite corporate crime, NDA

Effectiveness of Mortgage Fraud Task Force

Posted on September 12, 2012 by Devin Smith | 1 comment

RT America discusses with William Black just how aggressive the investigation by the President’s Mortgage Fraud Task Force has actually been.

1 Comment

Posted in William K. Black

Tagged banksters, Financial crisis, jail the banksters, liar loans, mortgage fraud

Florida A&M and the Death of Accountability and Caring

Posted on September 12, 2012 by Devin Smith | 5 comments

By William K. Black

Florida A&M (FAMU) has just filed a legal pleading that exemplifies the moral bankruptcy and the shirking of accountability by elites that has become emblematic of the last ten years. The headline of the LA Times article says it all: “Robert Champion was to blame for his own hazing death, FAMU says.” The context is FAMU’s motion to dismiss the Champion’s parents’ “wrongful death” suit against FAMU. Continue reading →

5 Comments

Posted in William K. Black

Tagged accountability, moral bankruptcy

William Black appears on The People & Power show

Posted on September 11, 2012 by Devin Smith | 2 comments

William Black appears on The People & Power in segment titled “Prosecuting Wall Street”. The episode concerns failure in the U.S. to prosecute in relation to the financial crisis. It airs beginning on 9/12 on Al Jazeera English (Time Warner channel 92 in NY and Comcast channel 275 in D.C.).

Continue reading →

2 Comments

Posted in William K. Black

Washington Post and the AIG Bailout

Posted on September 10, 2012 by Devin Smith | Comments Off

The Washington Post (9/10) published an article on the the “success” of the AIG bailout. NEP’s William Black explains the issue of perverse incentives created by the successful bailout.

Comments Off on Washington Post and the AIG Bailout

Posted in William K. Black

Tagged AIG, crony capitalism, Financial crisis, perverse incentives

Too Big To Jail

Posted on September 10, 2012 by Devin Smith | Comments Off

In a recent article (9/8) at Huffington Post, NEP’s William Black provides support as to why Wall Street executives should face criminal charges relating to the financial crisis.