Tuesday, April 30, 2013

Wall Street Banksters: Too Big To Jail?

۩ ۩ ۩

Wall Street Banksters: Did They Get Away With Financial Terrorism?

Has justice been served on Wall Street for the fraud perpetrated on the world that culminated in the 2008 financial crisis?

FRONTLINE investigates why Wall Street’s leaders have escaped prosecution for any fraud related to the sale of bad mortgages. More than four years after the financial crisis, not one senior Wall Street executive has faced criminal prosecution for fraud. Are Wall Street bankers simply “too big to jail?

In The Untouchables, FRONTLINE producer and correspondent Martin Smith investigates why the U.S. Department of Justice has failed to act on credible evidence that Wall Street knowingly packaged and sold toxic mortgage loans to investors, loans that brought the U.S. and world economies to the brink of collapse.

So, after talking with top prosecutors, government officials and industry whistleblowers, what did he find? Is there a chance some prosecutions may still take place? What do we really know about the criminal cases that could be have been pursued? And what does this investigation reveal about Wall Street and its relationship with the government?


Wall Street Banksters: Too Big To Jail?

FRONTLINE: The Untouchables (Did Wall Street Get Away With It?)

۩ ۩ ۩