Revisiting the 2008 Financial Collapse and the Role of the Federal Reserve

Do you want a very good, and not too lengthy, overview of what largely caused the financial collapse in 2008? Here you go, in less than 20 minutes. William Black is a former bank regulator who’s seen firsthand how banking systems can be used to commit fraud — and how “liar’s loans” and other tricky tactics led to the 2008 US banking crisis that threatened the international economy. In this engaging talk, Black, now an academic, reveals the best way to rob a bank — from the inside. Pay Read more […]

And The “Banker” Body Count Keeps Climbing

Technically, he was a trader for Vertical Group in Midtown Manhattan—which may not be exactly the same as a banker. From the New York Post: A Manhattan trader was killed Tuesday morning by a speeding Long Island Rail Road commuter train, marking at least the seventh suicide of a financial professional this year. Edmund (Eddie) Reilly, 47, a trader at Midtown’s Vertical Group, jumped in front of an LIRR train at 6 a.m. near the Syosset train station. He was declared dead at the scene. At Read more […]