Great interview w/ William Black fixing the bank scam (prev. on Bill Moyers)

Nice, he got on Alex Jones. I keep waiting for Paul Krugman to show up too. Alex might have not had a lot of fans a few years ago, but we've come to the point where if you want to get the truth out, you need to go on fringe radio shows like his.
His business is actually getting amazing growth because he's now one of the few reporting the truth, willing to listen to anyone and their opinions.
 
Quote from Eight:

How they got AAA ratings on the stuff is another story to me... that part of the story has never really come out that I know of... was there government pressure to do that??
More...

The CDO's were "ratings-shopped" by the financial companies. If Moody's didn't give the garbage a high enough rating, they would take it to Fitch or Standard and Poors. Whoever gave it the highest rating got the business - and implied in that - future business. So those in the ratings agencies were basically bribed and threatened monetarily to give high ratings.

The ratings agencies made $, so their execs got good bonuses, the financial companies sold the trash or booked them at inflated prices, faking higher profitability, so the execs got good bonuses, and the shareholders and public got a bag of dung.
 
Black for President.

Oh, we already have that.

He's also in the new Barrons.

Man's pretty much all for the Stock777 platform of criminal prosecutions and public hangings.

Glad to have him on board.

Here's a button for ya.

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