Professor Bill Black uses the 'F' word Washington ignores on meltdown

By Kay B. Day

Bill Black's book about the savings and loan scandal in the 1980s is cited as one of Bill Moyers' favorites.*In an earlier column I covered testimony presented to Congress by Professor Bill Black, Associate Professor of Economics and Law at the University of Missouri—Kansas. Black appeared on Bill Moyers’ Journal program on PBS on April 23. Moyers described Black in a teaser announcing the program: “As a federal regulator many years ago Bill Black helped put in jail a lot of culprits involved in the costly savings and loan scandal of the 1980s.”

So far, Prof. Black is the only expert I've seen brave enough to use the 'F' word, 'Fraud.'

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