Outright Fraud

darkbeaver

the universe is electric
Jan 26, 2006
41,035
201
63
RR1 Distopia 666 Discordia
Outright Fraud

(28 min.)

[SIZE=-1]William K. Black suspects that it was more than greed and incompetence that brought down the U.S. financial sector and plunged the economy in recession — it was fraud.

And he would know. When it comes to financial shenanigans, he was the former senior regulator who cracked down on banks during the savings and loan crisis of the 1980s.
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http://comer.org/Nutshell/combine.htm