William K. Black's Article on Mortgage Fraud

William K. Black is Assoc. Professor, Univ. of Missouri, Kansas City;
He was a Senior regulator during S&L debacle

His article "The Two Documents Everyone Should Read to Better Understand the Crisis" dated 23.4.2009 is an interesting read.

He began his article with the statement "As a white-collar criminologist and former financial regulator much of my research studies what causes financial markets to become profoundly dysfunctional."

The two documents that he is referring to are

http://oversight.house.gov/story.asp?ID=2250

and

http://big.assets.huffingtonpost.com/FraudReport8Nov07Fitch.pdf

Both these documents talk of possible risks and problems in mortgage investing.





http://www.huffingtonpost.com/william-k-black/the-two-documents-everyon_b_169813.html