In Part II of Chris' shocking interview with Bill Black on the extreme vulnerability that our economic system has to fraud (click here for Part I), the discussion deepens, exploring a number of disturbing topics including:
- Why there is such a crisis of accountability today
- Why future fraud-driven crises are inevitable if status quo continues
- What strategies are needed to reduce the prevalence of fraud
Click the play button below to listen to Part II of Chris' interview with Bill Black (runtime 25m:05s).
jwplayer(“mediaplayer”).setup({
“flashplayer”: “https://www.peakprosperity.com/sites/all/modules/swftools/shared/flash_media_player/player.swf”,
“width”: “640”,
“height”: “384”,
“controlbar”: “bottom”,
“file”: “http://media.PeakProsperity.com/video/podcasts/bill-black-2012-04-27-part2-insider.mp4”,
“image”: “http://media.PeakProsperity.com/images/bill-black-podcast-slide-2012-4-27.jpg”,
“plugins”: {
“gapro-1”: {
“trackingobject”: “pageTracker”,
“accountid”: “UA-3524066-1”
}
}
});
Download/Play the Podcast
Report a Problem Playing the Podcast
Or Click here to view transcript
Bill Black is an associate professor of economics and law. He was the executive director of the Institute for Fraud Prevention from 2005-2007. He previously taught at the LBJ School of Public Affairs at the University of Texas at Austin and at Santa Clara University, where he was also the distinguished scholar in residence for insurance law and a visiting scholar at the Markkula Center for Applied Ethics.
Professor Black was litigation director of the Federal Home Loan Bank Board, deputy director of the FSLIC, SVP and general counsel of the Federal Home Loan Bank of San Francisco, and senior deputy chief counsel, Office of Thrift Supervision. He was deputy director of the National Commission on Financial Institution Reform, Recovery and Enforcement.
His
by cmartenson 
