“Don’t ask, don’t tell”

April 22, 2010 at 1:30 am | Posted in Economy, House of Representatives, politics straight up, Reality Bites | 1 Comment
Tags: , , , , , ,

The someone is William K. Black, Associate Professor of Economics and Law at the University of Missouri, Kansas City School of Law, a white-collar criminologist and former financial regulator. He told the House Financial Services Committee what few others are willing to say about the financial meltdown and the need for a serious change in attitude.

the lenders, the banks that created nonprime derivatives, the rating agencies, and the buyers all operated on a “don’t ask; don’t tell” policy

Thanks to Firedoglake for the video.


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  1. […] Tags: Bll Moyers, Economy, financial fraud, financial markets, financial reform, William K. Black Last week William Black, author and professor of economics and law at the University of Missouri, testified […]

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