William Black: How to rob a bank (from the inside, that is)

I think this is poorly titled, but that's a minor point. This is just one more refutation of those few diehards who still would have it that the banks were the victims in the housing debacle that took down the U.S. economy.   Yes, there are still people who believe the crisis was driven primarily by Fanny Mae and Freddie Mac, and by poor people deliberately lying to the banks in order to obtain fraudulent loans. 18:48 minutes · Filmed Sep 2013 · Posted May 2014 · TEDxUMKC William Black is a former bank regulator who’s seen firsthand how banking systems can be used to commit fraud — and how “liar's loans” and other tricky tactics led to the 2008 US banking crisis that threatened the international economy. In this engaging talk, Black, now an academic, reveals the best way to rob a bank — from the inside. William Black is a professor of economics and law at University of Missouri, Kansas City. WATCH NOW http://www.ted.com/talks/william_black_how_to_rob_a_bank_from_the_inside_that_is?utm_source=newsletter_daily&utm_campaign=daily&utm_medium=email&utm_content=button__2014-05-12#t-3097