Bill Black

Bill Black: A Letter to Warren Buffett and Charlie Munger about Hiring Proven Whistleblowers

http://www.nakedcapitalism.com/2017/01/bill-black-letter-warren-buffett-charlie-munger-hiring-proven-whistleblowers.html Posted on January 20, 2017 by Lambert Strether Lambert here: One of those sensible measures that just never seems to happen… By Bill Black, the author of The Best Way to Rob a Bank is to Own One and an associate professor of economics and law at the University of Missouri-Kansas City. Originally published …

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75% of the Loans and Bonds Were Based on LIES — LivingLies

Here’s the second thing that is, however, getting absolutely no press and is completely insane. So remember there are only lawyers for the lender and lawyers for the insurance company arguing to the judge. And so a bizarre version of reality emerged from all of this in which 75 percent of the time the lender …

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