Bill Black is a white-collar criminologist and habitual whistle-blower. His general theory of how dishonest CEOs, crony directors, and corrupt middlemen can systematically defeat market discipline and conceal deliberate fraud for a long time gave him the opportunity to testify before Congress about the latest financial crisis. We discuss his “control theory” from his book The Best Way to Rob a Bank is to Own One.

Here is the lineup of guests on BRAINSTORMIN’ with Billy the Brain for Tuesday, March 8, 2011. Listen at or on AM 1400 in Ventura at 10 o’clock am Pacific time.