William Black, who is Associate Professor of Economics and Law, the University of Missouri, Kansas City School of Law, gave testimony to the House Financial Services Committee on the collapse and bankruptcy of Lehman Brothers in September of 2008.
He is truly a call it like it is guy and his testimony is way overdue. Mr. Black points out the appalling actions or lack of action by Hank Paulson, Tim Geithner and Ben Bernanke.
This is totally worth taking 8 minutes out one's day as you will not get this straight shooting, factual information from any of the financial news outlets (especially CNBC).
Sunday, April 25, 2010
William Black calls it like it is at House Financial Services Hearing
Labels:
Bailout,
Banks,
FDIC,
Federal Reserve,
Fraud,
Wall Street
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