Bill Moyers and William Black on fraud in the banks

There is a podcast of this (free) on iTunes. Title is “Corruption in America’s Banks.” More info and a link to the video is at http://www.pbs.org/moyers/journal/04032009/profile.html

Black makes some interesting points about why it was fraud and not incompetence and he is certainly not at all optimistic about the chances for resolving the mess, especially with the usual band of crooks (his opinion) now in charge at treasury.

Worth a listen.