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How to rob a bank (from the inside, that is) | William Black

TED · talk · Watch on YouTube

Macroeconomics & financial crisesLaw, policing & justice

What it is

Former bank regulator William Black explains how fraud, including liar's loans, was committed from inside banks and drove the 2008 financial crisis.

Why Hacker News recommends it

Mentioned in threads about financial fraud as support for the claim that outright fraud, not just bad luck, caused the Great Recession.

  • 1 people recommended it
  • 1 different months
  • 0 strong recommendations
  • first 2015, last 2023

What HN commenters said

  1. “The far more significant cause of the Great Recession was outright fraud.”

    Argues outright fraud caused the Great Recession.

    pktgen, 2015-12 · Recommendation · in “The Fed’s imminent interest-rate decision – Is America ready for lift-off?”

Excerpts from Hacker News comments, linked to the originals. Summaries and labels were written by a language model from those comments.

Topics: 2008 financial crisis, liar's loans, white-collar crime, banking regulation

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