Glass-Steagall had NOTHING to do with the 2007-08 financial meltdown

[Octafish]

48. William K. Black is a well-respected forensic economist who helped jail the S&L crooks.

The guy's a forensic economist, for Pete's sake, who investigated and prosecuted the Savings and Loans frauds of the late 80s and early 90s. You must have heard of it. If not, read this:

Know your BFEE: They Looted Your Nation’s S&Ls for Power and Profit

http://journals.democraticunderground.com/Octafish/235


Here's what he said about the great Wall Street bailout and what's needed to prevent it from happening again, as well as for prosecuting the guilty:

The Two Documents Everyone Should Read to Better Understand the Crisis

http://www.huffingtonpost.com/william-k-black/the-two-documents-everyon_b_169813.html


Read his book: "The Best Way to Rob a Bank Is to Own One." You'll find "Control Fraud" is the key concept.


BTW: What books have you written, banned from Kos? Any of them about the rich getting richer at the expense of the middle class and poor?