Tag: bill black
Bitcoin Does Not Protect Against Fraud
There is a common misconception that the cryptocurrency Bitcoin is safe and secure and will protect those who trade in it from fraud. However, as white collar criminologist Bill Black explains, Bitcoin is just as…
Fed Lets Goldman Sachs and Morgan Stanley Off Hook, Investors Profit Billions
Even though Goldman Sachs and Morgan Stanley failed the so-called ‘stress test,’ to determine whether these banks can weather a financial crisis, the Fed allowed them to pay billions in dividends and stock buybacks to…
Most Ignored and Most Far-Reaching Supreme Court Ruling Yet: Anti-Trust Law Hollowed Out
A major Supreme Court ruling, Ohio vs American Express, was completely ignored by most media outlets, even though it will have potentially devastating repercussions for consumers in the so-called ‘platform economy’: Uber, Lyft, AirBnB, Facebook,…
Bill Black: Trump Sees Europe as a “Foe” Because of Key Misinformed Advisor
President Trump’s belief that the European Union’s trade policies are more unfair towards the United States than just about any other trading partner is woefully misinformed and the result of his reliance “nutcase” trade advisor…
Executive Coaching: Does It Increase Productivity and Growth?
Claims that coaches and consultants for corporate executives boost productivity and profits turn out to be completely false. White collar criminologist Bill Black takes apart the example of Nortel Networks Visit https://therealnews.com for more stories…
European Union Fines Google $5.1 Billion, While Trump ‘Protects Monopolists’
The EU’s Google fine should have been imposed a long time ago, but it comes better late than never. Meanwhile, the Trump administration continues to side with monopolies, leading to worse outcomes for US consumers,…
Trump Ally Rep. Chris Collins Arrested for Insider Trading – Is the Swamp Drained Now?
White collar criminologist Bill Black analyzes the significance of Rep. Chris Collins arrest for insider trading along with his son and son’s fiance’s father on 13 counts of wire fraud, securities fraud, and making false…
The Truth About the 2008 Financial Meltdown and How it Contributed to Trump’s Rise (Pt 2/2)
What is the truth behind the 2008 Financial Collapse, why was no one prosecuted and how did Obama’s not prosecuting the “banksters” and strengthening Glass Steagal lead to Trump in the White House? Economist Bill…
The Truth About the 2008 Financial Meltdown and How it Contributed to Trump’s Rise (Pt 1/2)
What is the truth behind the 2008 Financial Collapse, why was no one prosecuted and how did Obama’s not prosecuting the “banksters” and strengthening Glass Steagal lead to Trump in the White House? Economist Bill…
De-Regulation, and De-Criminalization Set the Stage for the 2008 Financial Crisis (Pt. 3/3)
White collar criminologist Bill Black analyzes how the U.S. got into the 2008 financial crisis and what it means that we have not learnt the lessons from that crisis 10 years later, on the anniversary…
De-Regulation, and De-Criminalization Set the Stage for the 2008 Financial Crisis (Pt. 2/3)
White collar criminologist Bill Black analyzes how the U.S. got into the 2008 financial crisis and what it means that we have not learnt the lessons from that crisis 10 years later, on the anniversary…
De-Regulation, and De-Criminalization Set the Stage for the 2008 Financial Crisis (Pt. 1/3)
White collar criminologist Bill Black analyzes how the U.S. got into the 2008 financial crisis and what it means that we have not learnt the lessons from that crisis 10 years later, on the anniversary…
Trump Probably Engaged in Felony Tax Evasion
White collar criminologist Bill Black analyzes the New York Times investigation into Trump’s tax evasion and argues that if true, these would be considered felonies. However, he will probably never be held to account for…
Former Fed Chair Paul Volcker Warns About US Becoming a Plutocracy
Paul Volcker had a historic role in shaping the US economy over several decades, but increasingly he has been warning about an out of control financial sector that is dominating US society. Former financial regulator…
Why Do Natural Disasters Turn into ‘Poverty Disasters’?
Using the examples of hurricane Michael in Florida, the recent Indonesian earthquake and tsunami, and hurricane Maria in Puerto Rico, Bill Black explains how it is that these natural disasters keep hitting the poor far…
Amazon’s New NYC and DC Headquarters Bilked the Cities
The contest for Amazon’s HQ2 prompted hundreds of cities to put in tax break and subsidy bids. Former financial regulator Bill Black says these deals never pay off for the communities involved Visit https://therealnews.com for…
Sears Bankruptcy Engineered to Benefit Executives and Stiff Workers
Executives of Sears stand to gain up to $1 million in bonuses, should Sears be liquidated, and $500,000 if it’s restructured. Meanwhile, ordinary workers at Sears are being laid off without severance payments. Bill Black…
How Fraud Corrodes Weak Market Regulations Governed by Market Fundamentalism
Prof. Bill Black’s talk at the forum, “Destroying the Myths of Market Fundamentalism,” held in Washington DC, on October 19, 2018 Visit https://therealnews.com for more stories and help support our work by donating at https://therealnews.com/donate….
US Consumer Board Conceals how Wells Fargo Fleeces Students
The Consumer Financial Protection Board kept a detailed report about how Wells Fargo has long been involved in charging students up to three times more for financial services than other banks do. Why did the…
Financial Deregulation & Racist Housing Policy Brought Us 2007 Meltdown, with More to Come (Pt 3/3)
Carter, Reagan, Clinton, the Bushes, Obama, and now Trump deregulated Wall Street and did nothing to help Black and Brown homeowners in America. White collar criminologist Bill Black discusses the social structure of mortgage discrimination….
Financial Deregulation & Racist Housing Policy Brought Us 2007 Meltdown, with More to Come (Pt 1/3)
Carter, Reagan, Clinton, the Bushes, Obama, and now Trump deregulated Wall Street and did nothing to help Black and Brown homeowners in America. White collar criminologist Bill Black discusses the social structure of mortgage discrimination….
Financial Deregulation & Racist Housing Policy Brought Us 2007 Meltdown, with More to Come (Pt 2/3)
Carter, Reagan, Clinton, the Bushes, Obama, and now Trump deregulated Wall Street and did nothing to help Black and Brown homeowners in America. White collar criminologist Bill Black discusses the social structure of mortgage discrimination….
Cryptocurrency Firm Loses Codes and Gets Hacked, Millions Lost
Recent developments in the cryptocurrency world highlight the dangers of trading in this type of “coin.” But how important is cryptocurrency to the financial world and why should we care? We discuss the issue with…
Middle Class Loses, Plutocrats Win With Trump’s Tax Cuts
Trump’s “middle class tax cut” is a tax hike. Economist Bill Black says Trump could have been a popular President, if he hadn’t lied about middle class tax cuts and building infrastructure Visit https://therealnews.com for…
