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    The Black Financial and Fraud Report

    May 23, 2013:


    Apple Achieves Holy Grail of Tax Avoidance
    Bill Black: Senate questions CEO Tim Cook how company earned $30 billion in 'international' profits while paying zero taxes

      May 23, 13

    Banks Win Big as Regulators Refuse to Rein in $700 Trillion Derivatives Market
    Bill Black: Weakness of financial regulators shows you can not "tame the scorpion"

      May 21, 13

    Obama says Economy Poised for Progress - Is It?
    Bill Black: Pres. Obama cannot expect growth in the economy when he continues the policies of austerity

      May 12, 13

    The War on Wages and The Road to Bangladesh
    Bill Black: In the name of competitiveness, the criminal conditions that led to the deaths and injuries of thousands of workers in Bangladesh, are being created around the world in a race to lower wages and working conditions

      May 2, 13

    Obama Sends Lew to Europe Preaching Growth While Practicing Austerity at Home
    Bill Black: Treasury Secretary Lew tells Europe to ease up on austerity while Obama makes major cuts at home

      April 11, 13

    The Grand Betrayal has Arrived
    Bill Black: President Obama's bargain with Republicans opens the door to Wall St.'s dream - the privatization of Social Security

      April 10, 13

    Investigation Reveals Trillions Hidden in Tax Havens
    Bill Black: An international collaboration of investigative journalists has released the names of wealthy individuals stashing as much as three times the American GDP in tax havens

      April 10, 13

    Gender Wage Gap is Shrinking - Male Wages are Going Down
    Bill Black: Male workers wages are going down which makes gap appear smaller; in higher incomes levels gap is getting wider

      April 10, 13

    From London to New York to Cyprus, Fraud and Financial "Insanity"
    Bill Black: Standard Chartered admits to fraud, no one fired or prosecuted; Cypriot people force government to give up on taxing smaller depositors

      April 10, 13

    Will a Grand Bargain or Betrayal be Obama's Legacy
    Bill Black: Slate magazine says that President Obama wants a Grand Bargain on budget cuts he can call his legacy - but it will be a Grand Betrayal that makes the recession worse

      April 10, 13

    Austerity and the Death of Logic
    Bill Black: Both the GOP and the White House refuse to support a bill that ends the sequester, it shows the real intention of the Obama administration

      March 12, 2013

    Sequestration - Fourth Austerity Shoe Drops
    Bill Black: Both parties have conspired to bring us a disaster; Obama's sequestration plan gives cuts without blame

      April 10, 13

    Clinton"s Policy of Not Prosecuting Bank Fraud Continues
    Bill Black: Clinton admin. thought that prosecuting big bank fraud wasn't worth the governments time and could destabilize banking system - Obama continues the policy today

      February 24, 13

    More Geithner Without Geithner
    Bill Black: Jacob Lew confirmation hearing for Secretary of the Treasuery shows he was picked as a signal that the Geithner policies would survive Geithner, and that they're actually the president's policies

      February 18, 13

    Ecuador Chooses Stimulus over Austerity
    Bill Black: As Ecuador votes for new president, the stimulus policies of current president Correa have kept Ecuador out of recession

      February 17, 13

    Judge Rules Against a Bank - Precedent Could Cost Bank of America Billions
    Bill Black: Judge rules that Flagstar, a big mortgage lender that gave "liars loans", is liable to insurance company - same issues at stake in Bank of America case

      February 11, 2013

    Creative Finance: Leaving Felons in Charge of the Banks
    Bill Black: Obama Administration following logic that to not investigate and prosecute banking fraud builds trust in the institutions

      February 3, 13

    Davos Still Pushes Failed Global Vision
    Bill Black reports from Davos that the Global Competitiveness Report pushes countries towards even more deregulation - policies that helped trigger the crisis

      January 25, 2013

    Stewart vs Krugman and the Religion of Austerity
    Bill Black: Obama has options, including the trillion dollar coin, to refuse to negotiate under the gun but he's taken them off the table; both sides subscribe to the dogma of austerity

      January 18, 2013

    Krugman and Obama’s Dangerous Austerity Myths
    Bill Black: Obama nominates a Wall St. loyalist to help negotiate the "Grand Betrayal"

      January 13, 2013

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