The Peak Prosperity Video Channel

uploaded by ChrisMartensondotcom on YouTube presents:

a Bill Black Audio: The Banks Have Blood on Their Hands, 47.25 min, July 14, 2013: We invited Bill Black to return to explain whether the level of systemic risk due to fraud in our financial markets has improved or worsened since the dire situation he painted for us in early 2012. Sadly, it looks like abuse by the big players has only flourished since then.  
In the US, our regulators have publicly embraced a “too big to prosecute” doctrine. We are restraining, underfunding and dismantling regulatory oversight in the interests of short-term stability for the status quo. Which as a criminologist, Black knows with certainty creates an environment where bad actors will act in their self-interest with assumed (and likely real, at this point) impunity.
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21 videos : The Crash Course;
22 videos: El Crash Course, en espanol, con Chris Martenson; presents: Why Elite Frauds Cause Recurrent, Intensifying Economic, Political and Moral Crises, a Lecture at UMKC, Department of Economics, 69.19 min, Feb. 18, 2010.



Christopher Hamlin Martenson, on en.wikipedia, is a former American biochemical scientist and Vice President of Science Applications International Corporation.[1] Currently he is an author and trend forecaster interested in macro trends regarding the economy, energy composition and environment.[2] He is the founder of; [3]

William Kurt Black / Bill Black on en.wikipedia with it’s External Links: born September 6, 1951 (he) is an American lawyer, academic, author, and a former bank regulator.[1] Black’s expertise is in white-collar crime, public finance, regulation, and other topics in law and economics. He developed the concept of “control fraud”, in which a business or national executive uses the entity he or she controls as a “weapon” to commit fraud;

University of Missouri, Kansas City.

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