De-Regulation, and De-Criminalization Set the Stage for the 2008 Financial Crisis (Pt. 1/3)

White collar criminologist Bill Black analyzes how the U.S. got into the 2008 financial crisis and what it means that we have not learnt the lessons from that crisis 10 years later, on the anniversary of the Lehman Brothers collapse

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30 thoughts on “De-Regulation, and De-Criminalization Set the Stage for the 2008 Financial Crisis (Pt. 1/3)

  1. It is all going on again and even more criminally blatant. I’m very concerned about the direction that these greedy psychopaths are taking us.

  2. Thank God for William Black! Another great interviewee TRNN! The Savings and Loan debacle keeps repeating itself, all the pieces of the puzzle are there to see, but it takes the courage of people like Bill to Speak Truth to Power!

  3. Marc seems desperate to blame the elimination of Glass-Steagal on the collapse but coincidentally having just watched a Corbett Report re Glass-Steagal I have to hand it to Black for not falling into that trap. Glass-Stegal is not the savior we all think it is.

  4. Marc Steiner is a big add for TRNN. And Black, in any decent country, would be Sec of the Treasury. Or whatever's most appropriate to his skills! 🙂

  5. white people being the most unintelligent species on the planet have no answers to the problems/troubles they created and benefitted from and more and more people throughout the world knows this

  6. Starting point? I choose 1992 and Ross Perot campaign. He warned everyone on primetime TV at his own cost.
    Everyone called him a whack job, but everyone knew he was right.
    USA where everyone votes with their wallet and not their brain.

  7. The mainstream media needs to be held to account. It's only because of channels like this we have some idea of institutional malfeasance and corruption.

  8. How many parts for this news item? Pls when you do multiple part news items do them 1 of 5 or whatever so that we know. I also do not think this is legitimately part 3 of the two earlier news items. It doesn't tell us much about the aftermath / today; i.e. 10 years after but revisits what happened 10 years ago.

  9. "The Best Way To Rob A Country Is To Own One". Great analysis Bill Black. Have you already begun writing your new book on the next collapse?

  10. Creation of Preferred Stock!
    Then no Regulation of Preferred Stock, and Fractional Lending.
    Started earlier with Bush Administration. Refunding of the SEC.

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