holy schnikes! One of the OWS leadership just asked William K. Black to get involved

on the Dylan Ratigan show.

They want to talk to him about going after Geithner, Paulson, etc., for FRAUD.

YEAH BABY! :bounce:

:popcorn: :bounce:

How hard is that ???

There's poster out of Boston.

http://en.wikipedia.org/wiki/William_K._Black

William Kurt Black (born 6 September 1951) is an American lawyer, academic, author, and a former bank regulator.<1> Black's expertise is in white-collar crime, public finance, regulation, and other topics in law and economics. He developed the concept of "control fraud", in which a business or national executive uses the entity he or she controls as a "weapon" to commit fraud.

ZIRP. Net inflation, that's interest free money.

Hand out $16-*&^%$%^&*-trillion of it... plus the bailouts. Plus everything else.

Control fraud. That's the American Way.

I found a DU thread I'd saved back in 2002 that quoted this article as the OP:

http://www.commondreams.org/cgi-bin/print.cgi?file=/headlines02/1010-08.htm

Harvard University's financial relationship with President Bush's former oil company was deeper than previously understood, with the university's management fund creating a separate ''off the books'' partnership with Harken Energy Corp. that helped keep afloat the financially troubled company, according to a report to be released today. . . .

William K. Black, a former federal banking regulator, said in a telephone interview that he has examined the Harken Anadarko Partnership and concluded the arrangement was a significant expansion of the Harvard fund's involvement in the company beyond the $30 million investment. "Harvard had a dramatically larger financial stake and a much more interesting financial stake" than was previously understood, Black said. "It all serves as a partnership device to move money from Harvard to Harken. This is beyond nuts from an institutional investor's standpoint." . . .

Harken "transferred an enormous amount of liabilities to the partnership," Black said. "You don't see the Harvards of the world doing things like this." With so much debt removed from Harken's own books, Harken's stock price rose and the Harvard fund sold 1.6 million shares during this temporary stock bubble, the report says. The formation of the partnership, coupled with the fund's purchase of Harken stock, kept the firm afloat financially, according to Black. Black's review of the partnership may add weight to the findings of HarvardWatch.

Black, a registered Democrat, is a well-known specialist in reviewing financial transactions; he was the deputy director of the Federal Savings and Loan Insurance Corp. during the Reagan and first Bush administrations and played a key role in investigating the ''Keating Five'' scandal that involved five senators. Black also played a role in the investigation that helped lead to the resignation of House Speaker Jim Wright, a Democrat. He said he has conducted financial reviews that make him unpopular among Democrats and said he did not examine the Harken partnership for political reasons.


(On edit: Also this article from 2009 about massive fraud underlying the economic meltdown. This guy definitely knows his stuff. http://www.washingtonsblog.com/2009/08/companies-auditors-rating-agencies-and-regulators-all-committed-fraud-which-helped-blow-the-bubble-and-sowed-the-seeds-of-the-inevitable-crash.html )

David Degraw, Editor, AmpedStatus.com & Author of, “The Economic Elite Vs. The People of the United States�

Evidently he is heavily involved in ows.

:woohoo:

The guy's a forensic economist who helped prosecute the S&L crooks. A sample of his work:

The Two Documents Everyone Should Read to Better Understand the Crisis

Hell, I'd chip in for a flight to NY to talk to those folks too.

notice how OWS is on every show....tell me there is nothing to this movement...it has long...long..legs!!!!!!!!

They are seeking advice from the right people so far.

at the present advices such as Geithner because they should never have been appointed in the first place but if they are only going after Obama's people then it is going to destroy the unity idea of a party-less movement. Plus this criminal activity did not just start.