Amerikkalainen professori ja finassipetosguru William K. Black joka on tunnettu kirjastaan The Best Way To Rob A Bank Is To Own One" -How corporate executives and politicians looted the Savings & Loans industry.
Suomeksi "paras keino ryöstä pankki on omistaa sellainen."
Tässä hän esiintyy kahdella videoilla ja sopivasti vieläpä Islannissa. Tiedämme kaikki miksi hänet oli kutsuttu juuri sinne. Kiitämme Watching the Crises blogin pitäjää tästä vihjeestä.
Linkki 1.
Linkki 2.
Tässä vielä linkki Moyers-Black haastattelun transkriptiin.
Makupala tästä:
MOYERS: So if your assumption is correct, your evidence is sound, the bank, the lending company, created a fraud. And the ratings agency that is supposed to test the value of these assets knowingly entered into the fraud. Both parties are committing fraud by intention.
BLACK: Right, and the investment banker that - we call it pooling - puts together these bad mortgages, these liars' loans, and creates the toxic waste of these derivatives. All of them do that. And then they sell it to the world and the world just thinks because it has a triple-A rating it must actually be safe. Well, instead, there are 60 and 80 percent losses on these things, because of course they, in reality, are toxic waste.
MOYERS: You're describing what Bernie Madoff did to a limited number of people. But you're saying it's systemic, a systemic Ponzi scheme.
BLACK: Oh, Bernie was a piker. He doesn't even get into the front ranks of a Ponzi scheme...
MOYERS: But you're saying our system became a Ponzi scheme.
BLACK: Our system...
MOYERS: Our financial system...
BLACK: Became a Ponzi scheme. Everybody was buying a pig in the poke. But they were buying a pig in the poke with a pretty pink ribbon, and the pink ribbon said, "Triple-A."
