Professor William K Black explains the economic collapse

[hvactec]

[ame=http://www.youtube.com/watch?v=T389e9StiAc]Economic Collapse 1 - YouTube.flv - YouTube[/ame]

 

[hvactec]

Economic Collapse 2 control fraud
[ame=http://www.youtube.com/watch?v=EzyG-yIMaa0&feature=related]Economic Collapse 2 - YouTube.flv - YouTube[/ame]

 

[editec]

Remember that this "systemic fraud" required system fraud on the part of the Bonds rating agencies, too.

And nobody, nobody in either party, seems remotely interested in following that up.

Now why do you suppose THAT is, folks?

 

[Mad Scientist]

BOTH parties are bought and paid for.

 

[uscitizen]

Regulated entities on made 20% of the subprime loans.
hmmm

and neither side of our govt wants to do anything about their controllers fraud.