OT: Is Wall Street Still "Untouchable�
Papi_Chulo
Miami, FL (or the nearest big-booty club)
In case you have nothing to do tonight, this documentary airs tonight (at least in my area) on PBS in their “Frontline†program.
Description of the documentary follows:
“… This fall will mark the five-year anniversary of Lehman Brothers filing for bankruptcy, sparking the biggest financial crisis since the Great Depression. When the anniversary hits, many legal experts agree, any chance federal prosecutors will have had to hold Wall Street accountable will have come and gone with the passing of the statute of limitations.
So is Wall Street breathing a sigh of relief?
In The Untouchables, which re-airs tonight on FRONTLINE (check local listings), correspondent Martin Smith examines why not one major Wall Street executive has been prosecuted for fraud tied to the sale of bad mortgages.
Many of the same issues examined in the film will take center stage tomorrow during a hearing of a House Financial Services Subcommittee. Among the questions expected to come up is which outside experts the Justice Department consults with when considering whether to prosecute large financial institutions …â€
http://www.pbs.org/wgbh/pages/frontline/…
Description of the documentary follows:
“… This fall will mark the five-year anniversary of Lehman Brothers filing for bankruptcy, sparking the biggest financial crisis since the Great Depression. When the anniversary hits, many legal experts agree, any chance federal prosecutors will have had to hold Wall Street accountable will have come and gone with the passing of the statute of limitations.
So is Wall Street breathing a sigh of relief?
In The Untouchables, which re-airs tonight on FRONTLINE (check local listings), correspondent Martin Smith examines why not one major Wall Street executive has been prosecuted for fraud tied to the sale of bad mortgages.
Many of the same issues examined in the film will take center stage tomorrow during a hearing of a House Financial Services Subcommittee. Among the questions expected to come up is which outside experts the Justice Department consults with when considering whether to prosecute large financial institutions …â€
http://www.pbs.org/wgbh/pages/frontline/…
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12 comments
The truth is; "Wall Street" is not the Great Satan liberals want us to believe it is, big business is no more evil than any small time working stiff, and the media lies to us almost as often as Washington.
Then again, you and I could have different definitions of "cracker" which could be causing the confusion. In my section of the world, "cracker" is the equivalent of "honky" for whites or the "n-word" for blacks. Perhaps it has a different meaning in your context though.