Bill Black is an American lawyer, academic, best selling author, and a former bank regulator. He is currently an Associate Professor of economics and law at the University of Missouri in Kansas City. A white-collar criminologist and executive director of the Institute for Fraud Prevention from 2005 to 2007, Bill developed the concept of control fraud whereby a business or national executive uses the entity he or she controls as the means to commit fraud. Bill also assisted in the World Bank’s development of anti-corruption initiatives, and served as an expert for US regulatory body, the Office of Federal Housing Enterprise Oversight, in its enforcement action against Fannie Mae’s CEO. Bill assisted Icelandic and French leaders responding to their fiscal crises, and has testified to United States Congress about the financial crisis, specifically financial derivatives, executive and professional compensation, Lehman’s failure and related regulatory failures, and the role of control fraud in the bubble and crisis.