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Support our independent & non-profit journalism via PayPal - we depend only on you: [email protected] In this exclusive interview with former U.S. financial regulator, author and academic, William Bill Black, we define and talk about the role of a financial regulator generally. Thereafter we proceed to talk about “savings and loan” crisis in the United States during the 80s, what Bill uncovered during this time as a financial regulator and how this crisis paved the way for the financial crisis of 2008. In addition we examine the infrastructure (High frequency trading) & tools that the financial industry employs to maximize profit and what social costs these have on the rest of society. FOLLOW US ONLINE: Facebook: / actvism Instagram: actv_munich Website: http://www.actvism.org/ Twitter: / actvismmunich YouTube: / actvismmunich Source of Featured Image: Source/Link: https://www.flickr.com/photos/rednuht... Author: Rafael Matsunaga Note: The author of the featured image does not endorse the work exhibited in this video. #finance #banking #fraud #financialcrisis #highfrequencytrading #stockmarket