Defense Stocks Soar as Trump Wages War on Syria
April 17, 2018
Defense company stocks, such as those of Raytheon, Northrup Grumman, and Boeing, rose to unprecedented levels since the beginning of the year because of Tomahawk strikes on Syria and massive arms sales to the Middle East and to the Pentagon. Bill Black talks about the the companies and their profits.
William K. Black, author of THE BEST WAY TO ROB A BANK IS TO OWN ONE, teaches economics and law at the University of Missouri Kansas City (UMKC). He was the Executive Director of the Institute for Fraud Prevention from 2005-2007. Black was a central figure in exposing Congressional corruption during the Savings and Loan Crisis.