2012-08-13 — usawatchdog.com
Professor William Black is an outspoken critic of Wall Street. Black, a former bank regulator and professor of law and economics says, "Outright fraud caused the great recession and they are able to do it now with impunity." Not a single financial elite that caused the crisis has gone to jail. Because laws are not enforced and crooked bankers are allow to do whatever they wish, Black says "Each crisis is getting bigger by an order of magnitude.
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