Bill Black

Bill Black

Formal First Name
William (Bill)
1951 - present

William Black is Associate Professor of Economics and Law at University of Missouri-Kansas City, where he teaches white-collar crime, public finance, antitrust, law and economics, and Latin American development. Black is a white-collar criminologist and former bank regulator who developed the concept of “control fraud”—frauds in which the CEO or head of state uses the entity as a “weapon,” and which causes greater financial losses than all other forms of property crime combined. Previously, Black taught at the LBJ School of Public Affairs at the University of Texas at Austin and at Santa Clara University. He was the Executive Director of the Institute for Fraud Prevention from 2005-2007. Recently, Black helped the World Bank develop anti-corruption initiatives and served as an expert for OFHEO in its enforcement action against Fannie Mae’s former senior management. His book, The Best Way to Rob a Bank is to Own One, has been called “a classic.”


  • Black is formerly the litigation director of the Federal Home Loan Bank Board and deputy director of the Federal Savings and Loan Insurance Corporation (FSLIC).

  • He was SVP and general counsel of the Federal Home Loan Bank of San Francisco, and senior deputy chief counsel of the Office of Thrift Supervision. 

  • He was also deputy director of the National Commission on Financial Institution Reform, Recovery and Enforcement.

  • He was a central figure in exposing Congressional corruption during the 1980s Savings and Loan Crisis.

  • He also testified before the Senate Agriculture Committee on the regulation of financial derivatives and the House Governance Committee on the regulation of executive compensation.


  • Black contributes regularly to the Huffington Post and also blogs at New Economic Perspectives.

  • He is a frequent guest on local, national, and international TV and radio, and is quoted as an expert by the national and international print media.