ATTENTION: This page is in DRAFT or REPAIR mode. The public CANNOT view this page. Please publish the page when you are ready for the world to see it.

RealEconTV

Business news without the bullshit

Why we crashed - and why we will crash further

And how it could have been prevented

Subscribe to RealEconTV

Your e-mail address is kept absolutely private
We make it easy to unsubscribe at any time

The Lehman Brothers fraud factory

William Black helped put out the Savings & Loan fire before it burned down the financial system.

In this testimony before Congress, Black sheds light how the Fed dropped the ball, how it offered bogus excuses for its failure to act and how Lehman Brothers and others ran massive loan fraud operations in broad daylight with no regulatory or law enforcement consequences.

Note the impatience of the Congressional dickhead at hearing the truth.