Relevant:
- Mortgage Fraud: How the FBI Blew It
- Bill Black: Yglesias Mimics "Mankiw Morality" and Bashes Bastiat
- Bill Black: Eduardo Porter's "Folly"--Why We Must End the "Race to the Bottom"
- Geithner "Burned Billions," Shafted Taxpayers on CIT Loan, Prof. Bill Black Says
- Imploded: First Bank of Kansas City, Kansas City, Missouri
2013-10-25 — billmoyers.com
``First, the fine is really only $9 billion, says William Black, an associate professor of economics and law at the University of Missouri-Kansas City .... The $4 billion in relief to homeowners, he explains, represents loan modifications that the bank would have made in any event to minimize losses and avoid foreclosures....''
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