Obama "JOBS Act" Is A Prescription for Fraud & Financial Fraud Is A Prime Jobs Killer With William Black, professor of economics and law at the University of Missouri, Kansas City, author of "The Best Way to Rob a Bank is to Own One," and deputy staff director of the national commission that investigated the cause of the savings and loan debacle.
The Jumpstart Our Business Startups Act, (JOBS), the cynical bill that emerged from Congress and was signed by President Obama has been described by its opponents as something only a financial scavenger could love - claiming it will add to the unprecedented level of financial fraud by our most elite CEOS that have devastated the U.S. and European economies and cost over 20 million people their jobs. William Black dissects the "JOBS Act" and reveals why it is a recipe for fraud.
produced by Ken Nash and Mimi Rosenberg
please email us if you plan to broadcast this program - knash@igc.org
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