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Bill Black, associate professor of economics and law and leading investigator of financial fraud, discusses the rampant fraud and corruption in the financial system, the misguided response to the financial crisis by the government and solutions that would bring greater accountability and stability to the economy. Then Ellen Brown, chair and president of the Public Banking Institute, joins us to talk about the new Cypriot model of seizing depositor’s funds to bail out banks, whether that could happen in the US and the advantages of public banking. For more information, visit ClearingtheFOGRadio.org.
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Bill Black, associate professor of economics and law and leading investigator of financial fraud, discusses the rampant fraud and corruption in the financial system, the misguided response to the financial crisis by the government and solutions that would bring greater accountability and stability to the economy. Then Ellen Brown, chair and president of the Public Banking Institute, joins us to talk about the new Cypriot model of seizing depositor’s funds to bail out banks, whether that could happen in the US and the advantages of public banking. For more information, visit ClearingtheFOGRadio.org.
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