PBS Frontline's: The Untouchables

Adam Taggart
By Adam Taggart on Wed, Jan 23, 2013 - 8:15pm

PBS' Frontline special report, The Untouchables, is "must watch" programming.

The investigation focuses on why Wall Street’s leaders have escaped prosecution for any fraud related to the sale of bad mortgages.

Interestingly, less than 24-hours after this expose aired, the DOJ Criminal Division Chief who headed up the investigation of the banks and mortgage companies, Lanny Breuer, has just announced his plans to move on from his position.

Mission accomplished, right?

Watch The Untouchables on PBS. See more from FRONTLINE.

Warning: do not watch this if you currently have high blood pressure or wish to maintain any shred of confidence in our Justice system or fairness on Wall Street.

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7 Comments

ScottT's picture
ScottT
Status: Bronze Member (Offline)
Joined: Nov 2 2009
Posts: 37
Swindle Fest

Wow...DOJ was worried about "ripple effects if they prosecuted the banks! One of the biggest misses of Obama's legacy to "We the People" will have been his failure to bring the swindlers to court and stand trial for what today amounts to a trillion dollar heist of its citizens.

leoninseattle's picture
leoninseattle
Status: Member (Offline)
Joined: Jan 23 2013
Posts: 3
Frontline Jan.22,2012

Just thinking about last night's show my body tenses up. Go down the list of what our country faces and it's like we're in this bad dream kind of inertia. I loved the prosecuter for the justice department ( Lanny Bruer) a man for the times.            

A. M.'s picture
A. M.
Status: Diamond Member (Offline)
Joined: Oct 22 2008
Posts: 2286
The Kick

So, here it is:
What's actionable?

This kind of thing is no less than the hijacking of the entire wealth of a nation. There is no prosecution short of Nuremburg that could possibly bring these people to "justice".

What do we do? What is the practical "next move" now that we have the knowledge?

How can citizens make any sort of difference during this political 'bread and circuses' show?

Cheers,

Aaron

thatchmo's picture
thatchmo
Status: Gold Member (Offline)
Joined: Dec 14 2008
Posts: 259
be vigilant....

The West Coast has historically been a bit more proactive in matters of this type:

http://en.wikipedia.org/wiki/San_Francisco_Committee_of_Vigilance

Easterners, perhaps a bit too genteel?.....Aloha, Steve.

KugsCheese's picture
KugsCheese
Status: Platinum Member (Offline)
Joined: Jan 2 2010
Posts: 562
Re: The Untouchables

Old news.   We knew all this some 3 years ago.   I think the PBS and such is part of the master plan to desensitize the matter through repetition.  

Hotrod's picture
Hotrod
Status: Bronze Member (Offline)
Joined: Apr 20 2009
Posts: 66
Massive corruption

This program is testimony to the fact that the upper reaches of society can commit financial crimes nearly at will and get away with it without even any little trouble. Jon Corzine stole millions of dollars clients money @ MF Global.  One can only hope some disgruntled customer will take remedial action.

Denny Johnson's picture
Denny Johnson
Status: Gold Member (Offline)
Joined: Aug 13 2008
Posts: 322
Follow up from The Real News via Jesse

A good 10 min follow up from The Real News via Jesse:

http://www.youtube.com/watch?feature=player_embedded&v=hjNkTMzC2QI

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