If you haven’t already seen this Real News Network interview with Bill Black at one of the many places that it was posted in recent days (after originally popping up at New Deal 2.0), it is well worth an hour of your time.

There are many memorable quips like the seemingly obvious “Markets can’t recover if you lie about asset prices” and a rather stunning assessment of the Obama administration’s view that, despite the rhetoric, they feel they can’t make fundamental reforms to our crony-capitalism financial system because it would collapse.

The other segments can be found here – Part 2, Part 3, Part 4, and Part5.