The Crisis of Credit Visualized - HD. I.O.U.S.A.: Byte-Sized - The 30 Minute Version. Peter Schiff - Dollar Collapse part 1 of 3. Peter Schiff - Dollar Collapse part 2 of 3. Peter Schiff - Dollar Collapse part 3 of 3. Phantom shares. Phantom Shares Part 1. Phantom Shares Part 2. Phantom Shares Part 3. Money & Speed: Inside the Black Box (Marije Meerman, VPRO) Banks Too Big To Jail, Hacktivists & Citizens Not. Judge Slaps SEC Over Citigroup Settlement. Obama's Banks Nominee Will NOT Prosecute, Punish, or Regulate. Bill Black: The Banks Have Blood On Their Hands. We invited Bill Black to return to explain whether the level of systemic risk due to fraud in our financial markets has improved or worsened since the dire situation he painted for us in early 2012.
Sadly, it looks like abuse by the big players has only flourished since then. In the US, our regulators have publicly embraced a "too big to prosecute" doctrine. We are restraining, underfunding and dismantling regulatory oversight in the interests of short-term stability for the status quo. Which as a criminologist, Black knows with certainty creates an environment where bad actors will act in their self-interest with assumed (and likely real, at this point) impunity. If you can steal with impunity, as soon as you devastate regulation, you devastate the ability to prosecute. Japan's Debt Problem Visualized. Contradictory times at the Bank of Japan - economy.