Econintersect: William K. Black is one of the pre-eminent experts on how accounting control can be used to commit massive frauds. He is an expert who is being ignored by the political system. In this 18 minute presentation he outlines the elements of the frauds that created the Great Financial Crisis of 2008.
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Learn how endemic spread of appraisal fraud, liars loans fraud and securitization abuses led to wealth destruction totaling $11 trillion and job losses totaling 10 million.
Note: William K. Black contributes to GEI.