Moyers is interviewing a Mr William Black, author or "The Best Way to Rob a Bank is to Own One." He is sheredding the whole loan debacle to shreds and laying the crimes transparent as a much bigger Ponzi Scheme than Madoff. He called Madoff a piker.
I am keeping this too short so I can post. I will edit as I watch.
Watch and comment.
Love, Manoffire
Below the fold.
He is talking about how Bush and Phil Graham not only weren't at home on this, but passed laws to prevent regulation. He directly claims fraud, lying, institutionalized deception as to how they rob the american people.
Secret deals. AIG secretly bailing out Goldman Sachs, UBS, etc., favored companies, bailing them out again and again to their friends in order to delay the financial crisis.
Thsi is the clearest expaination of fraud, bonuses insolvency, etc about the financial crisis. Fascinationg. I will buy this book.
Now he is interviewing Amy Goodman!