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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 374.96+0.2%Nov 19 4:00 PM EST

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To: Riskmgmt who wrote (50173)5/17/2009 5:25:14 PM
From: RJA_  Read Replies (1) of 217901
 
Bill Black at University of Iceland, two parts.

Bill is off shore here, and is letting his hair down a bit... not being on CNN or CNBC, he is not worrying about offending anyone of "importance" I think:

Control fraud as it relates to the current lending crisis:

Part 1: larahanna.blog.is

Part 2: larahanna.blog.is

"Control frauds produce greater losses than all other forms of property crime combined."

"Also maims and kills by producing and selling unsafe products."

Control fraud peaks at the CEO.

The art form is to suborn controls.

Turn watch dog into ally.

Courtesy: Naked Capitalism
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