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FRONTLINE investigates why Wall Street’s leaders escaped prosecution for any fraud related to the sale of bad mortgages.
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all these frontline docs and not one has any discussion on GOVERNMENT and CONGRESS actions that caused this……terrible
12:05 what school teacher making 10k a month 👀
They should have gone after them like they did with Bernie Madoff
obama was behind this
& nothin happened but a bunch of dudes in suits that are sitting by a pool right now boozing to up got paid.
10k/mo for a "teacher", and 12k/mo "waitress"? Right. The former wouldn't even be realistic for a department head. The latter would be more in line with "pole dancer". (wait staff don't make shit, even in Vegas.)
Heh, "I wouldn't really call it f-r-a-u-d, Bob." 😉 An anomaly, or mistake, sure. To call it fraud, you'd have to prove willful deceit, and that takes more work than anyone wants. Brings to mind the closing scene from Burn After Reading. (in more than one way.)
los intocables. Supongo que con tanto dinero puedan hacer mucho, El poder del dinero. Es el tiempo que estamos viviendo, todo hasta las personas se valoran por el dinero y la posición social.
Y lo más curiosos es que se van a la quiebra y por algo milagroso se vuelven hacer millonarios.
Bueno debe ser que son brillantes en los negocios. supongo.
Not one mention of governments role in this to bad frontline decided we’re they wanted to take this and not a true documentary but what else would you expect?
Oh look, the thing that killed my residual belief in capitalism and the US government. I really do think in a century or two this will be seen as the beginning of the end of the US empire
All by design
They all look, and talk, like Harvey Weinstein; they must all be inter-related 'genetically', & 'racially'!!!
US is the rip-off country to the world. Homegrown or imported and the working poor pay.
Who are they kidding? The people wasn't shocked that the big banks got away wirh it. It was all a sideshow all along.
People who took out these loans are plain dumb! If some nitwit is making 10.00 an hour, do they really believe they could afford a 300,000.00 house?
The fucking crooks should all be in jail, I did NOT give anyone my permission to bail these banks out!! Despicable!
Repeal the Commodities Futures Modernization Act of 2000. That law ensures derivatives are NOT regulated. Scam coins are running rampant. Then, reimplement Glass-Steagall. That will help put the economy on a more organic path.
The government wholly and entire failed and America went ahead and said it was ok buy electing the king fraudster pervert anti-American Cheeto money could buy. Literally, he is fully for sale and makes sure everyone knows it.
Citi Bank is owned by China
2024 and 3 more banks collapsed and needed to be bailed out… Yhea, some banker went to Congress and asked them to remove some laws because they didn't apply to them (per C-Span). Those knuckle heads in Congress did it. Crime was not even considered; so, it has become a richman's slot machine game. …Ofcourse the loser is the public (aka: redistrubution of wealth upward)
notice most if not all of the suspects are Jewish
Great video, it is very funny seeing Elliot Spitzer being used as a credible witness or anything like that lol
Is it just me, or does Brewer come across as extremely crooked?
Meanwhile, in 2025, the full scope of 2008 is finally being felt as Wallstreet continues to gobble up single family homes. "Was your due dilligence adequate?" Nope! Repeating it.
Yes, I believe the Democrats took over the government and did Nadda!
Just like with Madoff, getting down to answers that would lead to someone's prosecution would lead to proof that the government was overlooking and not doing their due diligence, just being buddies and trusting their bros, so it was best for the government to not have anyone looking too close to why things happened.
Frontline's opening narrator is the voice. Every time I hear him I sit up straighter and pay attention.
Pitch n yaw
They laugh at the working class…..
Corruption?
2025, hold my beer.