This is what tenure gives a lot of: grant money for preaching and teaching stupidity. This guy would've likely lost his job at a private university for being so ignorant, getting slapped down and then going all-in on it. Tho, he is probably getting some laughs from his associates.
He's a lecturer, not a professor. He does not have a PhD. He is not tenured, as far as I can tell.
My take is that he is a bankster who plays at being an academic.
"Prior to teaching, he worked as a senior trading floor executive, a bank trust officer and as a bank examiner for the Federal Reserve Bank."
http://smgapps.bu.edu/mgmt_new/profiles/williamsmark.htmlFrom Wiki:
"He became a bank trust officer for Wilmington Trust Company (formerly Sussex Trust), joining TD Banknorth (1987) and attended the ABA National Graduate Trust School at Northwestern University (1988). In 1993 he earned a Masters of Business Administration from Boston University and joined the Federal Reserve Bank as an examiner in Boston and San Francisco. In 1996 he became a senior risk analyst for Pacific Gas & Electric. One year later he joined Citizens Power LLC, a Boston based energy trading company, and became Senior Vice President, Head of Global Risk Management. Since 2002, he has been on the faculty of Boston University as Executive-in-Residence/Master Lecturer. He is a member of the Standard and Poors Academic Council, a senior advisor at the Brattle Group and is on the board of Appleton Partners, a Boston-based private wealth management firm. Recently, he has given testimony to the New York State Department of Financial Services and attended a hearing a Congressional hearing on Bitcoin."
Can't get much more bankster than that.
Edit: Oops, I forgot the Wiki link:
http://en.wikipedia.org/wiki/Mark_T._Williams
