The CAPM system also shares a lot of the blame, as dividing up those mortgages into so many sellable pieces until they are dumped into Tranches did a lot of the damage too...it was a combination of factors.
Sholes and Black created CAPM equation system, and one of them got a Nobel Peace Prize for it and other one got zilch, and then after the crash one of the Professors (on FoxNews Special) said that had been tried three different times and it did not work.
Your text makes it sound as if Black were the victim of some sort of conspiracy or ripoff (''got zilch''). ''Zilch'' is what everyone who is dead gets from the Nobel committee.