Watch Now | The Untouchables: FRONTLINE investigates why Wall Street’s leaders have escaped prosecution for mortgage related fraud

Categorized | STOP FORECLOSURE FRAUD

Watch Now | The Untouchables: FRONTLINE investigates why Wall Street’s leaders have escaped prosecution for mortgage related fraud

Watch The Untouchables on PBS. See more from FRONTLINE.

Watch Now | The Untouchables: FRONTLINE investigates why Wall Street’s leaders have escaped prosecution for mortgage related fraud

Watch The Untouchables on PBS. See more from FRONTLINE.

Watch The Untouchables on PBS. See more from FRONTLINE.

Watch The Untouchables on PBS. See more from FRONTLINE.

More than four years since the financial crisis, not one senior Wall Street executive has faced criminal prosecution for fraud. Are Wall Street executives “too big to jail”?

In The Untouchables, premiering Jan. 22, 2013, at 10 P.M. on PBS (check local listings), FRONTLINE producer and correspondent Martin Smith investigates why the U.S. Department of Justice (DOJ) 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.

Through interviews with top prosecutors, government officials and industry whistleblowers, FRONTLINE reports allegations that Wall Street bankers ignored pervasive fraud when buying pools of mortgage loans. Tom Leonard, a supervisor who examined the quality of loans for major investment banks like Bear Stearns, said bankers instructed him to disregard clear evidence of fraud. “Fraud was the F-word, or the F-bomb. You didn’t use that word,” says Leonard. “By your terms and my terms, yes, it was fraud. By the [industry's] terms, it was something else.”

[FRONTLINE]

image: (AP Photo/Jose Luis Magana)

© 2010-13 FORECLOSURE FRAUD | by DinSFLA. All rights reserved.
www.StopForeclosureFraud.com


DONATE

Comments

comments

Related posts:

  1. The Untouchables: FRONTLINE investigates why Wall Street’s leaders have escaped prosecution for mortgage related fraud – Coming 1/22/2013 The Untouchables Coming January 22, 2013 FRONTLINE investigates why Wall...
  2. WHY HAVE WALL STREET’S LEADERS ESCAPED PROSECUTION FOR FRAUD RELATED TO THE SALE OF TOXIC MORTGAGES? Frontline- FRONTLINE Presents The Untouchables Tuesday, January 22, 2013, at...
  3. FRONTLINE | “Fraud Was … the F-Bomb” re: Wall Street PBS – Frontline- To hear some on Wall Street tell...
  4. PBS FRONTLINE: Money, Power and Wall Street (Part One) You can understand why they needed MERS to function then...
  5. PBS FRONTLINE: Money, Power and Wall Street (Part Two) Fraud & Failure All The Way! “Bring in the plumbers...

This post was written by:

- who has written 6655 posts on FORECLOSURE FRAUD | by DinSFLA.

CONTROL FRAUD | ‘If you don’t look; you don’t find, Wherever you look; you will find’ -William Black

Contact the author

2 Responses to “Watch Now | The Untouchables: FRONTLINE investigates why Wall Street’s leaders have escaped prosecution for mortgage related fraud”

Trackbacks/Pingbacks

  1. [...] You can catch the re-play: Watch Now | The Untouchables: FRONTLINE investigates why Wall Street’s leaders have escaped prosec… [...]


Leave a Reply

GARY DUBIN LAW OFFICES FORECLOSURE DEFENSE HAWAII and CALIFORNIA
Chip Parker, www.jaxlawcenter.com
Jamie Ranney, www.NantucketLaw.pro
Kenneth Eric Trent, www.ForeclosureDestroyer.com
Damian Figueroa, South Florida Realtor, Real Estate Agent
Susan Chana Lask, www.appellate-brief.com

Archives