Special: Plunder – The Crime of Our Time – How the Financial Crisis was Built on a Foundation of Criminal Activity

Special: Plunder – The Crime of Our Time

Airdates

Timezone: P M C E
Monday, August 16th
12:00 pm
Tuesday, August 17th
12:30 am
Thursday, August 19th
07:30 pm
Saturday, August 21st
06:00 pm
Category: Documentaries
Regions: North America

Plunder: The Crime of Our Time is a hard-hitting investigative film by Danny Schechter. The “News Dissector” explores how the financial crisis was built on a foundation of criminal activity uncovering the connection between the collapse of the housing market and the economic catastrophe that followed.

The film opens with the conviction of Ponzi King Bernie Madoff, whose acknowledged criminality drove a $65 billion dollar pyramid scheme. It argues that the wrong doing committed by a few individuals distracts from the real story, implicating the best-known institutions that financed and profited from fraudulent sub prime lending. This connection is now being investigated by the FBI as part of a probe into what it calls a “fraud epidemic.”

PLUNDER shows how these firms created special securities to repackage and resell these dubious loans after they were re-rated as Triple A. These firms then bet against many of these toxic assets with credit default swaps and other insurance scams. By leveraging these investments, they recklessly put trillions of dollars and the world economy at risk.

http://www.linktv.org/programs/plunder-the-crime-of-our-time

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4closureFraud.org

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Plunder – The Crime of Our Time

Comments
One Response to “Special: Plunder – The Crime of Our Time – How the Financial Crisis was Built on a Foundation of Criminal Activity”
  1. Nice tight blog with some in depth information across many states on the foreclosure frauds that are going on throughout the USA, and how our “protectors” are sitting on their hands. I work in the tax deed arena, and this blog and the information it reveals is enlightening, and it reinvigorates my resolve to find a way to get around these fraudsters’ schemes through tax deed investing – designed to get myself and others out from under their “jackboots of debt”.

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