The Untouchables: Why No One On Wall Street has Been Prosecuted – “Fund ‘Em” (Part 1)

Part One

The Untouchables – “Fund ‘Em”

Durring the bubble, small mortgage industry players were prosecuted but why not Wall Street.

Watch part two here…


4 Responses to “The Untouchables: Why No One On Wall Street has Been Prosecuted – “Fund ‘Em” (Part 1)”
  1. neidermeyer says:

    Assistant Attorney General Breuer Gets DOJ Boot In “Untouchables” Aftermath

    Earlier today, we reported that “Assistant Attorney General Admits On TV That In The US Justice Does Not Apply To The Banks” when we commented on last night’s PBS special “The Untouchables.” Explicitly, we said that it was “Lenny Breuer who made it very clear that when it comes to the concept of justice the banks are and always have been “more equal” than others. He does so in such shocking clarity and enthusiasm that it is a miracle that this person is still employed by the US Department of Justice.” As of minutes ago that is no longer the case as his employment contract has been torn up. The WaPo reports, that Lanny A. Breuer is leaving the Justice Department “after leading the agency’s efforts to clamp down on public corruption and financial fraud at the nation’s largest banks, according to several people familiar with the matter….It is not clear when Breuer intends to leave, nor what he plans to do once he departs, but it is certain that the prosecutor’s days in office are winding down, according to people who were not authorized to speak publicly about the matter.”

  2. Alabama John says:

    Filing or sending a false report to a Federally insured bank is a federal crime.

    These banks did it to each other as a matter of practice and thousands of times.

    You do it once and its federal prison for you, no excuses.Why not them?

  3. ldynps says:

    What I got out of the FRONTLINE expose is that the Department Of Justice cannot go after the bank’s Big Biys because “greed” is not a crime???

    It’s just unbelivable that this is still going on…..

  4. Ali says:

    I thought I was sick to my stomache before, now I am just puking…..

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