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Deep fraud in the banking industry

And white collar criminals roam free

Abacus , Andrew Cuomo , Bill Black , Bloomberg Law , Eric Schneiderman , liars loans , mortgage fraud , Timothy Geithner , too big too fail , William Black

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Liar's loans and other systemic frauds

The FBI has only 2,000 white collar crime investigators.

That works out to 40 per state or 1 per 1,5000,000 citizens.

In contrast, a single city - New York City - has 36,000 police officers.

William Black explains the how the system works - and why it doesn't.

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