How Deep is the Rot on Wall Street?

Satu Insan - Malaysia

TRNN

Bill Black

Transcript

SHARMINI PERIES, EXEC. PRODUCER, TRNN: This is The Real News Network. I’m Sharmini Peries, coming to you from Baltimore. And also welcome to this edition of the Bill Black report, who’s our next guest. He recently authored a blog titled “Zero Prosecutions Aren’t Few Enough–Wall Street Wants SEC Sanctions Reduced to DMV Points”. Now joining us to discuss this is Bill Black. He’s an associate professor of economics and law at the University of Missouri-Kansas City. He’s a white-collar criminologist and a former financial regulator. He’s the author of The Best Way to Rob a Bank Is to Want One.

As always, thank you so much for joining us,

Bill.BILL BLACK, ASSOC. PROF. ECONOMICS AND LAW, UMKC: Thank you. Good to be back.

PERIES: Bill, what are you blogging on this week?

BLACK: So Joseph Fichera is a head of a Wall Street advisory firm. And he’s…

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