Free Market Failure: How Bank Deregulation Happened

Deregulation is a dirty word today. But who and what allowed it to happen? William K. Black, former senior regulator during the savings and loan crisis tells us what he thinks happened and why the bailout is flawed. Black has argued recently that Wall Street's crisis could not have happened if not for illegal fraud and that triple A ratings given to bad loans amount to a criminal cover up. Black is the author of The Best Way to Rob a Bank is to Own One: How Corporate Executives and Politicians Looted the S&L Industry.
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Self promoting this video and sending it back into the queue for one more try; last queued Monday, January 3rd, 2011 6:27pm PST - promote requested by original submitter dystopianfuturetoday.

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