Bill Black and Banker Fraud

It didn't always used to be this way

Astonishing numbers

The current Wall Street fraud crisis is 70 times bigger than the Savings and Loan Scandal of the 1980s and that fraud was MASSIVE.

Over 1,000 bankers involved in that nationwide criminal epidemic went to jail.

So far not one single banker involved in the so-called Sub Prime scam has been jailed.

And now, Barrack Obama best buddy, former Goldman CEO is on the run after apparently looting between $800 million and $1 billion from his clients segregated trading accounts.

Over 1,000 bankers involved in Savings & Loan Scandal of the 1980's
went to jail for their crimes, but the S&L scandal was chump change
compared to today.

In terms of losses, the Subprime Mortgage Scam is 70 times bigger
than the S&L scandal, and yet zero bankers have gone to jail.

Zero.

The legendary Bill Black, who put many of those bankers in jail in
the late 80's and early 90's, talks about the differences between
then and now, and just how bad it has gotten...

Video:


http://www.realecontv.com/videos/bankin ... fraud.html