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The Untouchables (full documentary) | FRONTLINE 

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FRONTLINE investigates why Wall Street’s leaders escaped prosecution for any fraud related to the sale of bad mortgages. (Aired 2013)
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Are Wall Street executives “too big to jail”? In the 2013 documentary, “The Untouchables,” producer and correspondent Martin Smith (“Money, Power, and Wall Street”) investigates why the U.S. Department of Justice 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.
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21 фев 2022

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Комментарии : 3,2 тыс.   
@repeatitwithme4481
@repeatitwithme4481 2 года назад
Hyper rich stealing and avoiding prison or not even losing their job is a slap in the face to the true working class of the world
@oldmandoinghighkicksonlyin1368
@oldmandoinghighkicksonlyin1368 2 года назад
And it's happening again with crypto. Rich insiders doing pump and dump or rug pulls. Instead of it being bankers (but there's still bankers doing it) it's techbros, venture capitalists, and social media influencers.
@whygohome172
@whygohome172 2 года назад
"They got the money, hey they got away". Steve Miller Take the Money and Run.
@pamelaneibuhr6959
@pamelaneibuhr6959 2 года назад
Agreed
@TheNonplayer
@TheNonplayer 2 года назад
don't forget.. they actally are at the table where the rules are written
@childofthemosthighyah8145
@childofthemosthighyah8145 2 года назад
This have been happening for decades. Nothing is gunna change.
@ohlordy9680
@ohlordy9680 Год назад
The fact that we get free documentaries on RU-vid by FRONTLINE is truly a gift. 👍 👍 👍
@peacenow42
@peacenow42 11 дней назад
define 'free'
@hagakuru
@hagakuru 8 месяцев назад
Sad thing is that the DOJ didn't make one single indictment to ALLOW A JURY to decide if these monsters were indeed criminals. He took it on himself to be the judge AND jury and decided not to even bring ONE SINGLE person to be prosecuted.
@gregorylyon1004
@gregorylyon1004 4 месяца назад
You can thank Barrack Obama for that. I can read between the lines and tell that he was paid off to look the other way to let Wall Street off the hook. Obama had a net worth of around 3 million dollars when he became President. After 8 years in office he walked out the door with a net worth of 38 million dollars. He somehow made that much on a 400 thousand dollar a year job as President. He was paid off it's rather obvious
@derp195
@derp195 Месяц назад
The admission that nothing was done because they were afraid of the ramifications was shocking. What he said was "if you're important enough, you're immune to prosecution."
@popsarah7805
@popsarah7805 9 месяцев назад
Investing in alternate income streams should be the top priority for everyone right now especially given the global economic crisis we are currently experiencing, Stocks, gold, silver, and virtual currencies are still attractive investments at the moment.
@claresmithy4667
@claresmithy4667 9 месяцев назад
Starting early is the best way to getting ahead of build wealth, investing remains the priority
@antoniolabrasca9069
@antoniolabrasca9069 9 месяцев назад
​@@claresmithy4667absolutely 💯
@cassiejacobs4197
@cassiejacobs4197 9 месяцев назад
Crypto currency will outsmart the banking system in the nearest future serving as a global fiat. Already making over 85% of my investment
@michaelandrenio993
@michaelandrenio993 9 месяцев назад
I advice everyone to start investing and never rely on just salary. No billionaire made it through salary
@chrispaul3778
@chrispaul3778 9 месяцев назад
Having a job doesn't mean security rather having different investments is the real deal
@adonisvan4328
@adonisvan4328 2 года назад
It is sad to see this was aired in 2013 and still nothing has changed
@maximme
@maximme 2 года назад
yup the other interesting documentary Colossal Failure of Common Sense.
@on-site4094
@on-site4094 2 года назад
There investigation hedge funds now
@froggyziffle
@froggyziffle 2 года назад
The man said it himself, he lies awake at night worrying how to prevent harm to the perpetrators.The perpetrators contribute mightily to politicians. We have the best government money can buy.
@pietrojenkins6901
@pietrojenkins6901 2 года назад
Well , Putin has invaded Ukraine twice since then.
@thatchanguy
@thatchanguy 2 года назад
That’s not true- the crooks are even richer now.
@rabidbigdog
@rabidbigdog 2 года назад
Martin Smith and the Frontline team have been leaders in financial investigative journalism for decades. Thank you both.
@woodie6408
@woodie6408 2 года назад
To bad their bias.
@WiCapitalco
@WiCapitalco 2 года назад
Want the front line? Retail investors uncovered everything
@WiCapitalco
@WiCapitalco 2 года назад
@Woodie bet you have never seen a $35m bonus. It's then vs you.
@lizh4933
@lizh4933 2 года назад
@@WiCapitalco You are right. $35 million for fucking up.
@richardbono5540
@richardbono5540 2 года назад
​ they didn't fuck up, they did their job...fucking you up, that's why they got their bonus
@igorschmidlapp6987
@igorschmidlapp6987 9 месяцев назад
Best quote I heard: "Too big to fail, too big to jail..."
@jackflackk3153
@jackflackk3153 Год назад
Frontline journalism is some of the best. These documentary's are always interesting and keep you locked in throughout the drama. Thank you Frontline for years of great entertainment.
@wiseguysmith6519
@wiseguysmith6519 Год назад
It used to be, now much of it is biased political garbage.
@uncommonsence153
@uncommonsence153 Год назад
LoL. That's sad that this is enough to make you happy. These experts suck, the narrator sounds 90, it has no substance. I'm really sad that PBS fell this far. Elliot Spritzer is a expert?? 😂
@nicolatesla5786
@nicolatesla5786 7 месяцев назад
PBS Frontline, DW from Germany The Fifth Estate from Canada are probably the top three investigative journalism agencies that do perform an excellent thorough job in research
@Wall2000x
@Wall2000x Месяц назад
@@nicolatesla5786 Frontline journalism is some of the best, not really. Always one sided and this report is a little like a bunch of kids whining because their kiddie pool is leaking and the ice cream has melted.
@Power_to_the_people567
@Power_to_the_people567 21 день назад
⁠​⁠​⁠@@Wall2000xWoW what an enlightened perspective. Sweeping generalizations, ad-hominem and out right nonsense. Truly a scholar of logic with no equal
@sharonpearson4609
@sharonpearson4609 2 года назад
My parents lost 70% of their retirement People that had no part in this were devastated and the bonuses those executives got. WTF. Travesty of Justice
@poncedeoly469
@poncedeoly469 2 года назад
@Legalize Raping Russian Broads In America weird because Russia stopped adoption to the US, must have been a real bummer for you. this has to be the weirdest comment I've ever read. Not sure what you are, a Russian, FBI or a serious rapist fucking creep. I doubt its the last one, to obvious.
@thewkovacs316
@thewkovacs316 2 года назад
me too and i thought i had diversified enough to keep it safe i shouldve listened to my financial advisor...cashed out and stuck all the money under my mattress
@poncedeoly469
@poncedeoly469 2 года назад
@@thewkovacs316 think its time to cash out again
@michaelschneider2874
@michaelschneider2874 2 года назад
This is the lack of Honesty that is making My Country Angry !
@StockIndexFuturesALGO
@StockIndexFuturesALGO 2 года назад
They lost because they sold. Had they held on, they would have lost nothing.
@silverXnoise
@silverXnoise 2 года назад
Ted Kaufman is an object lesson in why direct corporate campaign contributions and lobbying should be illegal. Yes, banks and large corporations deserve a voice-but we clearly are living in a system where their voice is so insanely outsized that not even objective truth can get a word in edgewise.
@anupbhuzel
@anupbhuzel 2 года назад
Bittertruth...
@junek8700
@junek8700 2 года назад
Agreed, unfortunately lobbying is protected under the 1st Amendment (freedom of speech).
@anonymousperson6119
@anonymousperson6119 2 года назад
Banks and large corporations aren’t the only special interests with substantial government influence. Unions do the same things. Banning corporations from doing it and not unions would be a disaster for business. I don’t see how we could say special interests should have a voice except for this one group of special interests because we think their voice is too loud
@boeingdriver29
@boeingdriver29 2 года назад
Here, here 👏
@boeingdriver29
@boeingdriver29 2 года назад
@@anonymousperson6119 well if the unions have similar lobbying power (which they don’t) , they’ve obviously failed miserably when you look at the anemic minimum wage increases both federally and state since the 1970’s. Then compare these increases to the salaries of CEO’s and senior management at corporations over the same period.
@dralfred2400
@dralfred2400 Год назад
The most important thing that should be on everyone mind currently should be to invest in different sources of income that doesn't depend on the government. Especially with the current economic crisis around the word. This is still a good time to invest in various stocks, Gold, silver and digital currencies.
@bjoe631
@bjoe631 Год назад
I agree with you and I believe that the secret to financial stability is having the right investment ideas to enable you earn more money, I don’t know who agrees with me but either way I recommend either real estate or bitcoin and stocks.
@nyreggie
@nyreggie Год назад
I keep wondering how people earn money in financial markets, i tried trading crypto on my own made a huge loss and now I'm scared of investing more....
@dralfred2400
@dralfred2400 Год назад
@@nyreggie That won't bother you if you trade with a professional like *Mr Gary Mason Brooks* my coach, you may have come across him on interviews relating to bitcoin. He trades, manage trading account and offer mentorship program for clients who wish to become professional investors.
@nyreggie
@nyreggie Год назад
@@dralfred2400 You allow people to trade for you? that's interesting, I would love to learn, hope it’s safe?
@roklin1
@roklin1 Год назад
Wow I can't believe you guys are discussing about *Gary Mason Brooks* , I once met him at a conference in California 2019, just before the pandemic. I can testify that he’s very good in trading..Highly recommended…
@ttonieesopinion6089
@ttonieesopinion6089 8 месяцев назад
Criminals on Wall Street need to be held accountable! Period!
@gregorylyon1004
@gregorylyon1004 4 месяца назад
You can thank Barrack Obama for failing to prosecute anyone. He was paid off by Wall Street to look the other way. He was worth 3 million dollars when he became President. 8 years in office and walked out with a net worth of 38 million dollars. He did all that on a 400 thousand dollars a year salary. Lol. Barack Obama walked into the chicken coop and cleaned out the cash too
@sstewart03
@sstewart03 2 месяца назад
So do politicians.
@JohnThomas-li2vi
@JohnThomas-li2vi 2 года назад
As a poor worker, whose known other poor workers doing big jail time for something as small as selling small amounts of marijuana, just to survive or other petty crimes I cannot watch this. It makes my blood boil.
@garykeenan3724
@garykeenan3724 Год назад
For sure just like Biden’s bunch of crooks setting pretty in corruption but look down on us hard working class f..k them assholes!!!
@yankees29
@yankees29 Год назад
Are you one of those poor people with an IPhone and air conditioning?
@theboldandthebeautiful3729
@theboldandthebeautiful3729 Год назад
@@yankees29 he is talking about people committing crimes and getting away w them meanwhile, a petty criminal who now in most states MJ is legal can't even find a decent paying job because of being punished. How do you equate that with affording an iPhone or air conditioning?
@theboldandthebeautiful3729
@theboldandthebeautiful3729 Год назад
@@yankees29 corruption is running g rampant but you're trying to flex on a guy who is telling you he is struggling, and you try and chamge the subject of what he is taking about? Wow! Your comment isn't the flex you think it is.
@yankees29
@yankees29 Год назад
@@theboldandthebeautiful3729 that sucks for him I guess I don’t really care because I’m struggling myself. That’s life .
@fluxcapacitor1621
@fluxcapacitor1621 2 года назад
If you want to commit crimes without being held accountable, give shareholders a cut. Corporations are the new crime families.
@lancesay
@lancesay 2 года назад
well said!
@mkaberli
@mkaberli 2 года назад
There are also political crime families.
@boeingdriver29
@boeingdriver29 2 года назад
Correct but their not new they’ve been crime families since the turn of the 20th century.
@bicyclist2
@bicyclist2 2 года назад
New? They have been for decades.
@dasritzoo9234
@dasritzoo9234 2 года назад
And people wonder why the younger generations have an unfavorable view of Capitalism.
@figonura
@figonura Год назад
When it comes to the world of investing,most people don't know where to start.Fortunately,great investors of the past and present can provide us with guidance...
@duntu
@duntu Год назад
hector A Christiansen is an expert,he is really good and everyone loves his genuine services,he has helped me recover what I lost trying Initially | have lost interest in Bitcoin trading and investment platform,I was watching video on RU-vid,l saw many people giving testimonies about Mr hector A Christiansen...
@nicofuller
@nicofuller Год назад
Bitcoin trading is one good way of paying bills also create opportunity for crypto believers...
@lindamichaelemogor
@lindamichaelemogor Год назад
Life was hard for me until I started trading Bitcoin and am now earning $19,435 per week..
@olacrespo2743
@olacrespo2743 Год назад
And this is not the first time l'm hearing of Mr hector A Christiansen and his exploits in the trading world but I had no idea on how to reach him
@fryidean
@fryidean Год назад
My first experience with Mr hector A Christiansen gave me the assurance that has made me to invest without fear of loosing
@HobbyOrganist
@HobbyOrganist Год назад
This is why MY priority when I bought my house was to pay off the mortgage ASAP, the first year I paid two coupons each month to be a year ahead after a year. Every time I got extra money, bonus etc I specifically put it on the principal of the loan, and I made extra payments every month, that was how I paid off a 10 year mortgage in 4-1/2 in 2004 and since then owned my house outright with no bank, loan or any other BS over my head. I was homeless once for a few weeks in the late 80s, I vowed that would never happen again- no more landlords or anyone holding power over my HOME! I did not buy big screen tv's, new furniture, ride-on lawn mowers, a new car, trip to Europe, I put all my money on the MORTGAGE first, I bought a used car, a used push mower and I didn't care if the mortgage interest was as low as it was and that I could have made interest on the money instead, I wanted it PAID OFF 100% ASAP.. I saved a LOT of interest paying off a 10 year loan in 4-1/2, I made SURE before I got the mortgage that it had NO pre-payment penalty or balloon payments, and then signed for it.
@jimhen459
@jimhen459 Год назад
you will still lose your house; why; to repay the banks; a huge tax increase will be put on houses, a huge green tax on your car; you will be fired from your job at the point you are too old; to get food you will need to sell the lowered value house in order to get welfare to eat.
@leverage2279
@leverage2279 Месяц назад
You're the man. The reason why money lenders earn tons of money is because not many people in the world are like you.
@ap8833
@ap8833 2 года назад
As always great quality journalism by PBS. This basically highlights that Justice is not equal for all; never has been. Wealth creates power, that same power writes the laws all others live by. Greed has been driving middle class into the poverty line for decades.
@ey67
@ey67 2 года назад
Totally true.
@lenaely6146
@lenaely6146 2 года назад
🙄😒this is what the English came and established on Turtle Island, though. A nation of ghettos, corrupt govt, and violence; in every tax bracket.
@j01150126
@j01150126 2 года назад
As a veteran I am so appalled with the corporate worship and double standards in this country. The majority of our companies have some type of criminal record and those companies are run by people who are in fact criminals themselves by propagation of these activities. I haven’t officially renounced citizenship but I’ll take the firing squad before I fight for it again.
@johnhanaly2943
@johnhanaly2943 2 года назад
I disagree. The premise of the 50+ minute broadcast is the fascination with the belief that justice for some "mysterious reason" escapes us. In reality, none of that is quite true. The people who created this show simply omitted the explanation. It is something that I learned as a kid simply because I lived within a 10 mile radius of Wall Street. The trouble arises in the legal system's definition of a "market maker", an entity who is legally protected to transact according to different standards than every other market participant. "Market makers" do appear to occupy a position which is inherently corrupt by definition.
@isuckatgaming7225
@isuckatgaming7225 2 года назад
Yeah sure.. By re-uploading a 9 years old piece of content... They just trying to squeeze a few pennies out of their catalog...
@MeAndDad_1723
@MeAndDad_1723 2 года назад
I thought this was new until I heard the narrator say "4 years ago in 2008". Frontline you got me🤣excellent work as always💪
@monicarenee7949
@monicarenee7949 2 года назад
I was surprised at how young one of the guys looked to be involved in the financial crisis. Then realized this was 10 years ago lol
@AVOWIRENEWS
@AVOWIRENEWS 3 месяца назад
"The Untouchables" sounds like a really thought-provoking title for a documentary! It's wonderful to see documentaries like this that delve into important topics, providing insights and educating viewers. Documentaries have a unique way of bringing complex subjects to life, engaging our curiosity and understanding. It's exciting to think about the kind of discussions and awareness a documentary with such a captivating title might spark. Learning and exploring new perspectives is always an enriching experience! 🌟✨
@ram90mar99
@ram90mar99 Год назад
This really disrupted my family and I. I can honestly admit that this still gives me nightmares and runs through my mind every week.
@benjaminpauldimedio1683
@benjaminpauldimedio1683 Год назад
not me ,, i am having exciting times , i bought all those stocks in the 2008 crisis for pennies
@alainportant6412
@alainportant6412 5 месяцев назад
@@benjaminpauldimedio1683 based
@a.randolph8112
@a.randolph8112 2 года назад
This still makes my blood boil.
@humboldthammer
@humboldthammer 2 года назад
The good news is that Covid is cryophilic. Bush was supposed to be a TRUE CAPITALIST and Let the Banks FAIL! THEN, when the riots began, Bush was supposed to declare martial law and suspend the election. McCain would have become President, and the US would have already bombed Iran. Know what Bush said? "I did not want to set that precedent (suspending elections) as President." Know what Trump said? "Blame Bush!" Bush does NOT understand WINNING!"
@gsogso3444
@gsogso3444 2 года назад
Yes...all this thing is disgusting 🤮
@shirleyandrews1152
@shirleyandrews1152 2 года назад
Me too
@despot-3502
@despot-3502 2 года назад
It makes me so mad I want to squeeze my peepee that’s how mad it makes me
@colinbickford3470
@colinbickford3470 2 года назад
Me too
@wickedphant0m
@wickedphant0m 2 года назад
A family friend of ours was an underwriter for Countrywide and when she tried to speak up about people being approved for loans they couldn't possibly afford, she was told in no uncertain terms to sit down and shut up and not interrupt the revenue.
@dylanscott1070
@dylanscott1070 Год назад
I had a friend who worked at Countrywide in 2006. She couldn't take it, she tried to tell me about it at the time but I couldn't even understand what she was saying. Fast Forward a couple of years and it suddenly all made sense.
@adrenyc
@adrenyc Год назад
28:10 "I truly don't remember" - You go steal cookies from walmart, you go to jail, even if you don't remember. You steal billions and you dont remember, nothing happens. Screwed up system
@dxnsheger972
@dxnsheger972 Год назад
Great job with quality journalism.
@PerspectiveEngineer
@PerspectiveEngineer 2 года назад
Tell it Frontline. I've been with you for almost 40 years, best journalistic entity ever.... Love me some public broadcasting system
@PerspectiveEngineer
@PerspectiveEngineer 2 года назад
Thanks gang great, I dropped out of high school about 40 years ago and I've learned more from this program that I have learned from any other source just beautiful journalism in our pool pot let's kill history society and makes me sad that more people don't watch
@PerspectiveEngineer
@PerspectiveEngineer 2 года назад
That would've been polled pot but apparently Peerman now it is not be recognized
@PerspectiveEngineer
@PerspectiveEngineer 2 года назад
Polpot And if you carry and pictures of chairman Mao… I hope you understand my drunken ramblings because he would've had any executed for wanting to know the truth Trump
@jameseverett4976
@jameseverett4976 2 года назад
I wouldn't be surprised if Frontline was payed off after learning a bit too much, and created the show as more of a detour for other theories they don't even want circulating.
@lisahoffman4075
@lisahoffman4075 2 года назад
It's ALL that's left of the "Fourth Estate". Fortunately it's also the BEST. PBS carries the load!
@olivier8264
@olivier8264 2 года назад
government and Wall St. are ONE.
@callmethreeone
@callmethreeone Год назад
Every time I think of 2008 I start drinking, thanks autoplay it's 7 AM.
@Ghostintheshell3551
@Ghostintheshell3551 11 месяцев назад
Frontline Documentaries are Top notch , Legendary the gold Standard ! 10/10
@scottjones5455
@scottjones5455 2 года назад
2008-2022 Fourteen years and instead of being behind bars these people at the top are now much wealthier than they were then. I marched with Occupy Wall Street knowing in my heart that we were a big joke to those guys. Untouchable for sure.
@oldsalt8011
@oldsalt8011 2 года назад
Hillary had her private chat with them in 2016 just prior to the election. No one will ever know what shady deal she was making.
@bb-us4ew
@bb-us4ew Год назад
Marching won't. Change anything I'm afraid that's why I don't protest all it does is get you jailed at best with a polce record the police are there to protect the CEOs and company board from you
@xoox7469
@xoox7469 Год назад
Hahaha yeah, Wonder how many new,1000.00 suits they have lined up in the 200squarefoot walk-in closet,along with emlida Markos man shoes and blet's,dress shirts, n many drycleaners receipts from New York manhattan cleaner's, hahahaha,mmmmmm, what about eating out at the most expenseive restaurants, mmmsure at that time they ran into ex president clown Trump. . . That how the rich get Richer n wealther. . . They sell you a bottle of water for 10.00, n their cost is 4 pennie's at there cost. Profits r high. Inflation now, I think Isa ponsey skim now. More money in there bank's,so along that went on with just this last summer of 2022 with fuel at 5.50 gallon gas..........what I did was I spend alot less on gas, I didn't fill car up. I toke bus to work ,also rid bike. I never buy bottle water. . It's a joke. Also, I work in as a contractor, mason, landscaper, I kill myself to earn the american dollar. These men r money greedy hedgehog PIGS........... selfish, mental illnesses of that they will never be happy with millions,unless there r billions n, on n, on... Til the universe sucks them into the Black holes in the universe. I hope that they could see the txt message in there face.
@snsm6730
@snsm6730 2 года назад
Once the corporations were given "person-hood" it was OVER as far as any accountability. There was a time LONG ago when the corporate board AND shareholders could be fined but today it NEVER HAPPENS. The idea that the FBI and SEC would EVER do anything to the oligarchy who OWNS then is hilarious....
@ey67
@ey67 2 года назад
True
@jameseverett4976
@jameseverett4976 2 года назад
Did you notice what the FBI got out of this, as soon as obama came into office? This was all orchestrated over several years, with the planned outcome, payoffs, and alabi's to shift blame, and rake in mega profit's for the political puppet masters. And of course some relative "crumbs" for the politicians, but probably payments over time so they wouldn't look suddenly rich. It was a move similar to the culling of 1929, and the 2 world wars, where companies sold weapons to both sides of the war.
@ey67
@ey67 2 года назад
@@jameseverett4976 true. This is not something new. As you said it's all theatre planned years in advance. Just bad soap opera. That's why they didn't give them Oscars, I guess. Maybe the next generation will get so fed up that events might change for a time. I'm 72. Been watching the transparent bs for 50 yrs. From both sides. Nothing to see here.
@snsm6730
@snsm6730 2 года назад
@@jameseverett4976 Completely possible as we started seeing bubble after bubble with the Fed....hmmmm. Oligarchs in the US actually got rich off the 1929...you can do that if you have fore knowledge...
@kimobrien.
@kimobrien. 2 года назад
@@snsm6730 When business controls and buys everything what do you expect? AOC and Sanders are nothing more than Social Imperialists. Socialists in name only.
@lopinitupou4626
@lopinitupou4626 18 дней назад
Thanks for this content God bless you
@Mlondii
@Mlondii Год назад
I really appreciate this channel. I can't believe it actually free.
@soniasoares7768
@soniasoares7768 2 года назад
Open eyes, full blast exposures, excellent journalism PBS Martin running to the winning zone with this episode.
@treaty8631
@treaty8631 2 года назад
Thank you for exposing these criminals who get away with crimes...your a great show..please never ever stop
@cinemaparadiso5402
@cinemaparadiso5402 2 года назад
Criminals ? you are being anti-Semitic ..FYI: it's EXTREMELY ANTI-SEMITIC to criticize or raise the awareness (or even think or talk about) " The Untouchables" ...
@mg.f.9023
@mg.f.9023 Год назад
This documentary fails to expose the very top Nation's REGULATORS who let open this window of "Every American deservs a Home" campaign. If The Nation's leaders wanted this to be so. They should have built budget homes and given them free. By letting the housing for all be run on an 'OPEN MARKET' they let the Financial Engineers play their GAME of "Multiplying MONEY with NO BAR'.
@kiwitrainguy
@kiwitrainguy Год назад
@@cinemaparadiso5402 Treaty said nothing about the ethnicity of the so-called "criminals". You are being extremely thin-skinned. Either that or you are being sarcastic. Which is it? This thread shows as having 3 replies but I can only see the one from Cinema Paradiso. Please forgive any ignorance I may have demonstrated, the full story is being denied to me by YT.
@cinemaparadiso5402
@cinemaparadiso5402 Год назад
@@kiwitrainguy This documentary clearly covers a Semitic industry and Zionist business values and practices .. call them criminal is extremely anti-Semitic
@harryseldon6712
@harryseldon6712 Год назад
@@kiwitrainguy You can get around the algorithms by using sarcasm.
@carrolfrye256
@carrolfrye256 Год назад
Quality ,insightful investigations,most informative.consise, report I have seen.thank you.
@justinbridgez
@justinbridgez 4 месяца назад
glad your posting to youtube. alot of young people consume and learn fast. good they have this. when they want it. you go down rabbit holes and can learn lots. like i am. although seen most of this. makes me happy
@frankzeppelin
@frankzeppelin 2 года назад
49:26 "The jobs of tens of thousands of employees can literally be at stake.'" To me, this is the heart of it right here. Assistant Attorney General Lanny Breuer does a lot of hand-waving and circle speak throughout the interview, but he ultimately gives this as his justification for not pressing charges. Essentially, he's saying that he believes there's so much corruption in the financial sector that any attempt to prosecute it would be a catastrophic for the economy, so... let them do whatever they want?
@richardsejour7731
@richardsejour7731 Год назад
Yes, but when there is no accountability, then people in similar positions will inevitably cause another worldwide economic crash that will cause even more job loss. Th best time to put in meaningful reform and prosecutions in Wall Street is not during economic collapse, but during economic stability. This way, the *relatively* healthy economy can withstand turbulations in the stock market
@juhanleemet
@juhanleemet Год назад
elsewhere it has been said this was a legacy of Holder, originating in a memo written when he was in the Clinton government, which became "policy" under Obama
@jalalal8056
@jalalal8056 Год назад
Who gives a fk about tens of thousands of employees when the whole economy collapsed because of them
@juhanleemet
@juhanleemet Год назад
@@jalalal8056 and probably millions of other people (outside finacialization) lost their jobs as a consequence of bankrupcies and attrition policies
@bc3918
@bc3918 Год назад
@@jalalal8056 do you blame the dummies who got the loans or the idiots who approved the loans?
@monicarenee7949
@monicarenee7949 2 года назад
My parents were impacted by this, our house got foreclosed on in 2006. By then I had already graduated and all the kids were thankfully out the house. I graduated college 2009 when we were finally starting to somewhat recover and even then some of my fellow graduates weren’t getting jobs or had to start jobs later. What a crazy time to start my adulthood.
@sumitshresth
@sumitshresth 2 года назад
Well thats the curse on us millennials
@kishascape
@kishascape Год назад
It's funny how the "justice" department gives the tired old spiel about "beyond muh reasonable doubt" when they routinely and regularly railroad people for far less serious offences with far less sometimes no evidence merely due to the fact that those defendants never paid them off.
@reubenmorris487
@reubenmorris487 Год назад
@@sumitshresth They don't care about the plight of millennials. We just have to suck it up! We're on our own until the baby boomers and their parents are no longer in power.
@jc.1191
@jc.1191 Год назад
Many graduates never recover from graduating into a recession.
@questioneverything594
@questioneverything594 Год назад
Join the Service. Get a grip and keep moving forward.
@Dzokhar
@Dzokhar 9 месяцев назад
"In mortgage underwriting, somehow we [the bankers] just missed that home prices don't go up forever." What a horrible person.
@azdinz5757
@azdinz5757 8 месяцев назад
Great documentary.
@Stretesky
@Stretesky 2 года назад
Zero-accountability equals zero democracy.
@Chulitatr
@Chulitatr 2 года назад
Zero justice.
@tientlam1589
@tientlam1589 2 года назад
Well..The West especially 🇺🇸.gov is oftentimes so proudly "advertising" its versions of "DemocRacy" as Freedom of everything that other's elsewhere wouldn't have the privileges to have which included Freedom to Robbing Others "Legally & Allowable" Bi the 🇺🇸.gov Justice's systems as shown..I was not surprised at all..Just like I often said 🇺🇸 is Truly the Lands of Narcissists & Opportunistics..🗽..No wonder it is sinking just like the "Titanic Shrinkable"..😑..
@jameseverett4976
@jameseverett4976 2 года назад
@Sheerluck Holmes Capitalism is the worst system in the world, next to a couple of others that are next socialism, which is THE worst. Why do you think the NWO pushers want to move us FROM capitalism TO socialism? Because it's the most easily controlled by it's leaders. Capitalism, with all it's faults, is ultimately the hardest system to remove the last freedoms from. Socialism STARTS with the removal of basic freedoms, which is necessary to implement it. It requires the same power that a dictator or King has, and all property owned directly by the state. Don't worry though, we're almost there if you still want socialism. Just 1 or 2 more planks to install, and you can have your UBI which will be paid to you in worthless inflated money, that will barely cover your rent. And if you think there's a perfect system, one which won't or can't be abused, you have a long, long ways to go in understanding the world and human beings.
@lisahoffman4075
@lisahoffman4075 2 года назад
For... YEARS? DECADES? CENTURIES? Depends on who you are and which CASTE you were born into.
@cardiacmyxoma4073
@cardiacmyxoma4073 2 года назад
@@jameseverett4976 I don't want socialism but I sure as hell want HEAVILY regulated capitalism. I want law and order. I want justice for corporations that are robbing us blind. I want inflation to be controlled. I want to be able to afford a healthy dinner for my kids. And before someone says "well get a job", I DO HAVE A JOB! I'm a full-time nurse and my husband is a high school teacher. We work like dogs yet can't afford to buy a home or repair our vehicle. Enough is enough. And this isn't about politics either because EVERY politician regardless of party is a crook and only looking out for themselves and their donors.
@eatpigsnot
@eatpigsnot 2 года назад
i love the end of Goodfellas. as the mobsters are being rounded up one of the off camera mobsters taunts the law enforcement officers: "how about you guys go down to Wall Street and get some real fucking crooks."
@TheVoiceOfReason69
@TheVoiceOfReason69 Год назад
🎯
@johnrice9864
@johnrice9864 7 месяцев назад
Thank you!!!!
@Florencecoxx
@Florencecoxx 11 месяцев назад
Sometimes you have to fail to succeed, Most times it amazes me greatly how I moved from an average lifestyle to earning over $63k per month, Utter shock is the word. I have understood a lot in the past few years that there are lots of opportunities in the financial market. The only thing is to know where to invest.
@BeverlyTalley
@BeverlyTalley 11 месяцев назад
I agree with you and I believe that the secret to financial stability is having the right investment ideas to enable you earn more money, I don’t know who agrees with me but either way I recommend either real estate or bitcoin and stocks..
@bjoe631
@bjoe631 11 месяцев назад
I keep wondering how people earn money in financial markets, i tried trading bitcoin on my own made a huge loss and now I'm scared of investing more.
@Florencecoxx
@Florencecoxx 11 месяцев назад
@@bjoe631 That won't bother you if you trade with a professional like *Mr Gary Mason Brooks* my coach, you may have come across him on interviews relating to bitcoin and stocks. He trades, manage trading account and offer mentorship program for clients who wish to become professional investors.
@bjoe631
@bjoe631 11 месяцев назад
@@Florencecoxx You allow people to trade for you? that's interesting, I would love to learn, hope it’s safe?
@thirtyonesolid
@thirtyonesolid 11 месяцев назад
Wow I can't believe you guys are discussing about Gary Mason Brooks , I once met him at a conference in California 2019, just before the pandemic. I can testify that he’s very good in trading..Highly recommended.
@danielday1306
@danielday1306 2 года назад
We are, unfortunately, living in an era where corruption runs rampant through many of our institutions. The FDA, FAA, Congress, etc. It's very sad and disappointing.
@kifley19
@kifley19 2 года назад
That's always been the norm.
@humboldthammer
@humboldthammer 2 года назад
In 1604, after Kepler's Supernova, the navigator plotted the woman's escape to the wilderness -- the Virgin went to Virginia. The dragon followed and by our Civil War, was thoroughly entrenched in both Church and State. Final judgement for the devil and dragon is 10/12/26. Daniel 7: 9-14. Don't expect to "SEE"anything -- men and women never "SEE" anything. That's NORMAL. It has always been this way. Epochal Eclipse April 8th 2024. Matthew 16: 4 Jonah 3: 4-5
@lisaglatter2923
@lisaglatter2923 2 года назад
I don't think that to be true. Democracy takes faith in a belief that if you work hard and have a basic respect for your fellow man. And your computer literate just a little smart. Everyone will be all rite. Show empathy, and kindness with all humility. And generous when possible.
@lisaglatter2923
@lisaglatter2923 2 года назад
Oh ya ,taxes are the price we pay for civilization.
@rayRay-pw6gz
@rayRay-pw6gz 2 года назад
I think you fail to understand capitalism. The banks lended out the money , held on to the loan about 1 1/2 years . Then bundled them and sold them as low risk loans . The grading companies not wanting to lose the business from these banks , went along with this scam . When investors purchased the loans , they thought they had long term low risk assets. When the market collapsed, whoever got caught with these junk bonds took the loss. The company’s did get fined , but nobody went to jail . They pleaded stupidly. And you can not put a company in jail . THAT IS TRUE CAPITALISM . Blame Ronald Reagan and the Republicans for the Deregulating the financial industry in the 80s .
@brownboi853
@brownboi853 2 года назад
That's why politicians fight so hard to keep there seat to defend this type of crime and who they arrest the lil guy.. Bunch of cowards.. This was a crime. It was intentional...
@kend6956
@kend6956 11 месяцев назад
i was taught at a young age, never trust any bank or the r.c.m.p.!
@JMSG77
@JMSG77 Год назад
Great documentary!
@cf5768
@cf5768 2 года назад
If they were held criminal liable for fraud it would have been the first step in fixing the corruption in our country.
@tranger4579
@tranger4579 2 года назад
I remember when I went to get my mortgage loan. I was approved for a 178 thousand dollar loan. After talking to my parents they told me stay away from an arm loan and demand a fixed. When I went to the bank to get clarification on the structure of the loan the loan officer kept beating around the bush. I pushed enough until he told me it was an arm loan, I demanded a fixed and at that point he scrapped the loan and only approved me for 80 thousand.
@ryanadams0922
@ryanadams0922 2 года назад
Can you explain what an "arm loan" is for those who dont know that term
@tranger4579
@tranger4579 2 года назад
@@ryanadams0922 adjustable-rate mortgage, or ARM, is a home loan with an interest rate that can change periodically. This means that the monthly payments can go up or down throughout the life of the loan. Generally, the initial interest rate is lower than that of a comparable fixed-rate
@ryanadams0922
@ryanadams0922 2 года назад
@@tranger4579 thank you. Last question wouldn't a fix rate be preferable over that of adjusted rate?
@tranger4579
@tranger4579 2 года назад
@@ryanadams0922 definitely. Especially over the long term. My brother in Austin Texas locked in at a 1 percent on a 400 thousand dollar home 2 years ago on a 30 year. The thing with an ARM is they can offer you a 3 percent then the markets swing and next thing you are paying 8 percent. Id rather have the piece of mind knowing I'm locked in at 4 percent vs 2 and then have that 2 change to a 7.
@gggnumber1
@gggnumber1 2 года назад
Well, I hope it worked out well for you. The $178K ARM was bullcrap, anway.
@claresmithy4667
@claresmithy4667 Год назад
Jobs will pay your bills business will make you rich but investment makes and you keep you wealthy the future is inevitable, I pray everyone here becomes successful
@markdamascus7878
@markdamascus7878 Год назад
@Hart Thim You're right, it's obvious a lot of people remain poor due to ignorance
@christianajoe8563
@christianajoe8563 Год назад
I'm looking for something to venture into on a short term basis, I have about $6k sitting in my savings
@alicemark5918
@alicemark5918 Год назад
Starting early is the best way to getting ahead of build wealth, investing remains the priority
@cassiejacobs4197
@cassiejacobs4197 Год назад
Obviously trading in bitcoin is very volatile and risky to trade that's the reason most traders trade with a company
@cassiejacobs4197
@cassiejacobs4197 Год назад
Now is the best time to purchase and invest in Bitcoin stop procrastinating
@gerrygerlach5287
@gerrygerlach5287 9 месяцев назад
Incredible no one has been held accountable.
@chrismo5212
@chrismo5212 2 года назад
from 50:00 to 50:50 is exactly why i love to watch these pbs docs...the guys in the editing room make this entertainment. I have to raise a glass to you guys in the frontline editing office: to calra, frank, erika, raney, dan, andrew, lauren and everybody else underneath...many thanks and cheers on a job well done!!!
@MijoShrek
@MijoShrek 2 года назад
@Legalize Raping Russian Broads In America ahh, yes there it is, I was able to link into your cpu and see it's serial #. Ah, there's it's location.. go get em' boys..
@monicarenee7949
@monicarenee7949 2 года назад
@Legalize Raping Russian Broads In America how are you not deactivated yet? Hope it helps when I report you. Actually, if I report for child abuse wonder if it gets sent to authorities?
@RM-lk1so
@RM-lk1so Год назад
See 5045 It's not the job of the Prosecutor to worry about the banks. 😆😆😆😎💪
@user-py5kg4yw1r
@user-py5kg4yw1r Год назад
А задние Б/У шные у вас тоже есть?
@SnozBerryQueen
@SnozBerryQueen 2 года назад
This entire reality we are forced to participate in is nothing more than one huge grift.
@twks123
@twks123 2 года назад
What untouchable for most of us is 19th level of hell. 19th level of hell is deeper than 18th level of hell (according to Buddhism there are only 18 levels of hell). In 19th level of hell, a soul is tortured in the most extreme pain, beyond all perception, beyond the universe, and beyond eternity.
@saginawdan
@saginawdan 2 года назад
@@twks123 Sounds bad.
@lawsonj39
@lawsonj39 2 года назад
@Sheerluck Holmes And how many emanations can dance on the head of a pin? Come on, let's not get deep into theological nonsense.
@StockIndexFuturesALGO
@StockIndexFuturesALGO 2 года назад
Money created out of thin air = no discipline.......that is the problem.
@saginawdan
@saginawdan 2 года назад
@@StockIndexFuturesALGO A house of cards.
@syntaxed2
@syntaxed2 9 месяцев назад
CEO's and corporations are the new royalty - Above the law and above the rest
@erictred4529
@erictred4529 Год назад
Thank you for an amazing coverage of this love you guys Frontline!
@robertpendergrass7996
@robertpendergrass7996 2 года назад
Greed is not necessarily a crime unless you are poor and committed it !! Truth + Wisdom = Peace ✌ 🙏 🙌
@dalhaw6760
@dalhaw6760 2 года назад
There's a funny joke that says if you borrow $1,000 from Bank you owe the bank $1,000 if you borrow $2 billion dollars in the bank the Bank owes you to billion dollars
@lisahoffman4075
@lisahoffman4075 2 года назад
Which CASTE were you born into?
@humboldthammer
@humboldthammer 2 года назад
Borrow $33 trillion / Blow it ALL up = Peace and Prosperity did you spot the error? dividing by zero
@nyimalhamo7856
@nyimalhamo7856 2 года назад
Corruption is a crime, right??
@ericdufresne6991
@ericdufresne6991 Год назад
Yeah… they’ll arrest you for stealing food from a store but they won’t arrest you for committing crimes on Wall Street… rich assholes committing fraud but it’s not fraud… it’s something else.
@EmilyTienne
@EmilyTienne 2 года назад
The wealthy and well-connected operate under their own system of justice.
@michaelstevens2027
@michaelstevens2027 2 года назад
Couldn't agree with you more, Emily. But if we the common folk do what these deviant bankers do (still to this day), we would be put in prison. I CANNOT stand the hypocrisy and the constant double standards these shits do themselves. I guess it's safe to say they are Untouchables in this cold and dark world. My blood is rapidly boiling on this subject.
@EmilyTienne
@EmilyTienne 2 года назад
@@michaelstevens2027 It bothers me greatly as well. Here’s something else. The ultra wealthy and corporations essentially write the tax code by funding politicians’ campaigns. This has the effect of expanding the wealth gap.
@michaelstevens2027
@michaelstevens2027 2 года назад
@@EmilyTienne Again you are correct. I mean damn, will this standard of practice ever end?? Emily, I am not so sure if I live in the United States or some other marxist type communist country. This is just like electing either party (Republican or Democrat) to any office and does nothing short of drinking coffee. It must be very nice to be ultra wealthy and literally enjoying life...while we, as common down to earth folks has to continue suffering at the expense of these wealthy fat cats. I live in the state of Ohio and it's the same way here. If I could I'd move to Amsterdam and try to be happy and not want ANYTHING to do with politics and politicians in general. They do nothing but continue to fuck things up (on purpose) every/any chance they get. It just enrages me to my very core. Sorry I got a bit long winded on you there, Emily.
@blaquentgruppe6547
@blaquentgruppe6547 2 года назад
Yes. The world not meant to be equal..previlege is eh ladder by connection
@EmilyTienne
@EmilyTienne 2 года назад
@@blaquentgruppe6547 The world was not meant to be equal EXCEPT it should be equal in matters of justice. Get over it, elitist.
@carolharrison5780
@carolharrison5780 Год назад
Could they have audit the politicians as well as Wall Street to see who made profit or received kickbacks? Just sickening
@jeremyslawson-qb1eg
@jeremyslawson-qb1eg 5 месяцев назад
I remember I lost my factory job in 2008 it was really hard for me to find another job because of the recession in 2008 I always wondered why so many people were losing their jobs this documentary just answered my question this makes me really upset.
@trishadupper01
@trishadupper01 2 года назад
Why is it unreasonable that a waitress or waiter would make 10K a month (120K a year) while an executive would make 20, 30, or 150 million a year? What could an executive do that is worth that much?
@Harshit-vu6ky
@Harshit-vu6ky Год назад
They conduct the orchestra. Everyone else watches the show.
@DaBeezKneez
@DaBeezKneez Год назад
Is not unreasonable but unusual, and thats the essence of the fraud. They will give lons to people who would lie on their income. So many bad loans is what caused the bubble. But it wasn't the person getting the loan, it was the lenders who just gave lons away and then turned around and sold those bad loans.
@TheVoiceOfReason69
@TheVoiceOfReason69 Год назад
Executives generate revenue. Waiters and waitresses do not.
@firstnamelastname564
@firstnamelastname564 2 года назад
Person in Federal prison: I should have been a wall Street banker like momma and my high school teachers suggested.
@lizh4933
@lizh4933 2 года назад
Ha! Good one!
@wallacesouza2678
@wallacesouza2678 Год назад
I don't believe in luck I believe in trust and understanding. I've been trading forex for Some mnonths now and I've made good amount of money of over $78,1 00 with her simple strategies of trading. Meeting with jane has been one of my best experience these past few months and am expecting more withdraws from her
@mosesalbert2260
@mosesalbert2260 Год назад
Excellent, it has be a great experience since I got to understand how forex/ Bitcoin trade works. I followed Mrs Olivera Jane khulmalo rules and steps. And it has be working amazing for me too
@dominicbrandt216
@dominicbrandt216 Год назад
venturing into the Bitcoin without an adequate orientation with a professional broker for accurate signals. you might lose all your money
@akshats9709
@akshats9709 Год назад
Trading with an expert is the best strategy for newbies and busy investors who have little or no time to monitor trade
@jessicahart490
@jessicahart490 Год назад
Then, how can someone get a professional manager that is trustworthy and legit they are hard to find this days
@brookeclaudia1385
@brookeclaudia1385 Год назад
Olivera Jane khulmalo anyone that is in need of a reliable broker she is my current trader and her strategies are working
@cherylgrimm5501
@cherylgrimm5501 Год назад
They need to go back in and investigate it thorough because it is misconduct of behavior and obstruction of justice on what is not being addressed
@laurencress2013
@laurencress2013 2 года назад
It defies logic that they get bail outs instead of prison
@hector5749
@hector5749 2 года назад
pretty ironic right
@laurencress2013
@laurencress2013 2 года назад
@@hector5749 Definitely
@jameseverett4976
@jameseverett4976 2 года назад
Ah ha........WHO's logic? Ours or their's?
@yvetteschools4979
@yvetteschools4979 2 года назад
and we get shit &;have to pay for it
@twosongs7396
@twosongs7396 2 года назад
At the very least, the rating agencies should have been held liable. As their deliberate deception was at the very root of this bubble.
@genkiferal7178
@genkiferal7178 2 года назад
Nasdaq and the Dow Jones are members of the WEF - as are the BigBanks and most big companies. Conflict of interest? nah - they don't care about us and, since we still buy their crap, we don't care about us, either.
@kevinpatrick8788
@kevinpatrick8788 2 года назад
all of the rating agencies were involved and complicit in the scam . they rated garbage investments as AAA so they could get kickbacks . all evil scum
@ProjectRedfoot
@ProjectRedfoot Год назад
"If they can fog a mirror, we'll give 'em a loan." So eerie
@leechowning8728
@leechowning8728 Год назад
10 years later... Still no. Not a single one.
@mesropmadzharyan6727
@mesropmadzharyan6727 2 года назад
They should’ve prosecuted and let the jury decide .
@baskarbalu1733
@baskarbalu1733 2 года назад
The job of the prosecutor is to pursue justice and not to worry about the banking system. It's like, not going after a crime, but more worried about the welfare of the criminals
@andrewsawler875
@andrewsawler875 2 года назад
This is the justice system in North America period. You can do anything you want to people if you wear a suit.Lies are truth, scams are legit. No suit and it is fraud, you do jail time.
@humboldthammer
@humboldthammer 2 года назад
Our judges judge for the HIGHEST BIDDER. Our Prophets prophesy for HIRE. We the People have proven that we are liars, cheats, thieves, and murderers. How can we be trusted to govern ourselves? ONE LAST CHANCE: Epochal eclipse April 8th 2024. Matthew 16: 4 Jonah 3: 4-5, 8
@newyorkcity76
@newyorkcity76 2 года назад
Only them know the system
@kimobrien.
@kimobrien. 2 года назад
@@newyorkcity76 The goal of every banker is to put his competition out of business. This is the way capitalism works. Its a game that the rich play among themselves and we don't count.
@benderthefourth3445
@benderthefourth3445 Год назад
The all situation gave a big punch in people's trust in public institutions and today we are seeing the results. These things have ripping effects.
@chrismerkel9604
@chrismerkel9604 2 года назад
Kareem Serageldin (born in 1973) is a former executive at Credit Suisse. He is the only banker in the United States to be sentenced to jail time as a result of the financial crisis of 2007-2008, a conviction resulting from mismarking bond prices to hide losses.
@blakesejarma
@blakesejarma 2 года назад
You watched the Big Short too !
@jamespugh9224
@jamespugh9224 2 года назад
Corrupt at the highest levels!
@ymReal
@ymReal 2 года назад
Corrupts and cover up
@humboldthammer
@humboldthammer 2 года назад
lol Do What Thou Wilst.
@wolfejar
@wolfejar Год назад
The US is the best Government “money can buy”!
@alanskinner7031
@alanskinner7031 Год назад
Yes" the corruption starts in the white house !!!
@miguelcortes7627
@miguelcortes7627 Год назад
Damn this is crazy goes too show it's always something going on behind close curtains good or bad.
@user-zo5hy2om4x
@user-zo5hy2om4x 2 месяца назад
great doc
@earlpayne9857
@earlpayne9857 2 года назад
The destruction this caused was no laughing matter at anytime
@alexcarter3608
@alexcarter3608 2 года назад
Amazing investigative reporting done by Frontline. Appreciate the content
@blessed7381
@blessed7381 Год назад
Education,Thanks.
@sbbolton66
@sbbolton66 Год назад
Someone should make a movie detailing these times entitled "Legal crimes."
@rizwantahir7116
@rizwantahir7116 2 года назад
It's 2022, I lost everything back then, and have never recovered, all I do now is work to survive No options for retirement or an own home just survival, and every year there are months where it's wretched. These guys will keep getting richer and the middle class will be eroded,
@TheVoiceOfReason69
@TheVoiceOfReason69 Год назад
Why did you apply for a loan you couldn’t afford to pay back?
@theboldandthebeautiful3729
@theboldandthebeautiful3729 Год назад
@@TheVoiceOfReason69 because owning a home is the American dream. Unfortunately and stupidly i would have might have done it too i didnt even know you could apply for a loan at that time and get approved.
@christinasornbutnark1208
@christinasornbutnark1208 2 года назад
There’s nothing worse then watching your parents lose their home & business. My brother-in-law was his partner. My sister & her kids lost their home of 25 years too. Neither my parents or sister bought a home they couldn’t afford. My sisters house was a fixer upper they bought just after they married 18 years ago & I grew up in my parents house. They built grocery stores; Ralph’s, Northgate & Vons. There was just nobody building grocery stores or literally anything else after 2008. And nobody was hiring. The business was 38 yo. I’m a Dir. of HR so for the first time in my life I was unemployed also. It was terrifying to watch my parents as an adult lose everything & there was *nothing I could do* I still have nightmares about it.
@nonnobissolum
@nonnobissolum 2 года назад
"Nothing worse..."? Oh, there's plenty worse.
@kimobrien.
@kimobrien. 2 года назад
@@nonnobissolum Some of us have had to work for theses thieves.
@nonnobissolum
@nonnobissolum 2 года назад
@@kimobrien. having nothing to do with the comment that I made but whatever floats your boat.
@kimobrien.
@kimobrien. 2 года назад
@@nonnobissolum I don't know but somehow its hard to believe they lost everything although I did meet a homeless guy who claimed to be a Wall St stock broker.
@writerstemple3609
@writerstemple3609 Год назад
I honestly don't understand your parent's situation. I thought the whole debuncle was about people taking out 'floating' loans and then the banks kept raising the 'floating' interest until people could not make the bank payments. Wrong?
@mitchellbliss3828
@mitchellbliss3828 7 месяцев назад
Good Lord that Countrywide logo and Commercial, I instantly remembered that from when I was a kid watching TV. Holy cow it's amazing how many of those ads ran for me to remember that because it was on all the time and it's been probably what, 15+ years?
@satevo462
@satevo462 Год назад
I bought a house working at pizza place delivering and managing with a girlfriend that was a field accountant for a construction company. After 4 months I moved out and left the keys in the mailbox. Ignored every debt collector for 7 years.
@markusa4112
@markusa4112 Год назад
There was blame on the buyers too . In 2008 I made $40,000 . My neighbor in the apartment I lived in said I could buy a $200,000 home for $200 a month for 2 years then sell it to buy another . I new better . Alot of people didn't. Yes the homeowners were to blame too . My neighbor was a mortgage broker . I said if that's true why do live across the hall from me .
@jcymngo
@jcymngo 10 месяцев назад
This!! Takes two to tango however, much of went on was very predatory.
@Asiaguydude
@Asiaguydude 9 месяцев назад
Agree, Homeowners are entirely complicit in this whole mess. They paid the price by losing their homes but the bankers not so much
@VoltairesRevenge
@VoltairesRevenge 2 года назад
The Fed: “We have thoroughly investigated our benefactors, yet we have found only scant and woefully insufficient evidence of any wrongdoing.”
@barrybarnes96
@barrybarnes96 2 года назад
Lenny Bruer no different than Bob Mueller and Cy Vance. Protect the rich by running the equivalent of a judicial 'catch and kill' shop.
@genkiferal7178
@genkiferal7178 2 года назад
soon, the central banks will introduce their own digital currencies called CBDC and all of the worlds' CBDCs will, to some extent, be connected. Other digital currencies will be outlawed, They are talking now about regulating other crypto coins. But, until they have it all, they'll never be happy. The UN/WEF/IMF are huge parts of the NWO/New World Order. On IMF's website, they openly say that other central banks are their members and the IMF site and YT channel openly discusses those CBDCs. They also discuss going cashless - meaning every single financial transaction will be tracked and can be controlled. Its not a conspiracy if it is all on their own websites and channels. i've had to watch and read for hours, but, behind the talk of this perfect world they plan for us is pefect control of us
@christopherh5672
@christopherh5672 2 года назад
The Fed a private Bank owned by Rothchilds and Zionists profit from it of course they wouldn’t find any wrongdoing
@user-hi1ke5gp6n
@user-hi1ke5gp6n Месяц назад
devastating earthquake and tsunami struck Japan on March 11, 2011 triggering a crisis inside the Fukushima Daiichi nuclear complex. This 2012 documentary reveals how close the world came to a nuclear nightmare. Touchable
@eddyeroyal6024
@eddyeroyal6024 7 месяцев назад
I was a POC, WITH EDS and BOA, and a VP friend of mine said he took over the Country Wide segment and I said, I’m in IT and your banker that don’t sound well, later it was hard to handle those loans with the bank.
@michelleprice7605
@michelleprice7605 2 года назад
As someone who was financially ruined by this activity I am insenced that they walk free while I , like thousands of others have to scrape by
@jonathanstickel254
@jonathanstickel254 Год назад
This is the end result, in my opinion of Free Market Capitalism, ie under regulated organizations who have never been held accountable. The government is so intimidated that they do nothing beyond hold ing bullshit hearings and investigations that even clear criminal content does nothing to pursue justice. What does this tell you about our ways of both doing and overseeing business in this country? Personally, I will do everything I can to help Bernie Sanders take office. The coyotes have been running the chicken coop for too long.
@michelleprice7605
@michelleprice7605 Год назад
@@jonathanstickel254 well said !
@xoox7469
@xoox7469 Год назад
I scrap bye, it's not easy,l have good days n bad days.well they have to look at themselves in the minorr, how ever when they brush there hair,n brush teeth. They affarid to possibly look at themselves minorr n think ,well I'm a con man, I have a metal illness with high money lifestyle. I've seen this with other's in my lifetime of, friend or two. I work in a small self, employed landscaping business, I earn. Like, 12,000.yearly. low income for these modern times. I'm not into being a capitaust at all. It's simply not healthy to think about high money lifestyle. It's almost similar to what drug dealers do for a living. Sell lots of drug's on streets or how ever n where, there minds r demonized....of high stacks of MONEY in there hand's. Money does not buy happiness. It's only can get you into troubles,one after another. The devilis r out there.
@BassForever44
@BassForever44 2 года назад
Wow the FBI, SEC and regulators are portrayed as such negligent (knowingly or not) dumbasses. All that myth of fighting terrorism when the worst terrorists are right there in front of their noses, what a waste of money and lives. Loved the independent filmmaker saying that he found a bunch of whistleblowers during his spare time while the regulators didn't (want to) find them. The sheer negligence is comical. Don't know if it applies in the US justice system but in my country anybody working for the public administration cannot allege ignorance nor negligence just like that, they'd be prosecuted. That, at the very lest is what should happen to Lanny and the other buffoons who didn't do their job properly. I really wish your people the best. The more I watch Frontline and similar docs, the more convinced I am that the corporate world is always wanting to screw you.
@oldmandoinghighkicksonlyin1368
@oldmandoinghighkicksonlyin1368 2 года назад
@Theseustoo Astyages America had the right ideals back in the day. Human nature always gets in the way.
@BassForever44
@BassForever44 2 года назад
@Theseustoo Astyages Ah of course it happens everywhere, did I mention somewhere it doesn't happen in my country? I wish! 😂 it's just that when things like this happen in economies of the US size, #1 it's more damaging and #2 the ripple effects affect the whole planet and last longer.
@PeGaSus230
@PeGaSus230 2 года назад
Curious…what country are you from?
@PeGaSus230
@PeGaSus230 2 года назад
Sadly, American laws and legal system, was largely created by the rich and powerful…to protect the rich, powerful, others who uphold the status quo…while punishing the “plebeians/oppressed/poor blacks & browns/and others who oppose the status quo”. The up and coming social climbers and others in society are then encouraged to drink large glasses of “Hypocrisy” and wait for their turn for greater benefits at the trough. Wash down with more “Hypocrisy”, rinse with a wallop of “American Dream”, and repeat the cycle.
@jameseverett4976
@jameseverett4976 2 года назад
@Theseustoo Astyages -oh you didn't know? Only America ever does bad things. From it's founding to whatever day it happens to be, America, according to the Left, is the one single entity responsible for everything that anyone ever suffered. All other countries are innocent, and if anything bad happens in their country, it's America's fault. You need to read Howard Zinn's famous made-up history of America, so you too can know who & what to blame whenever anything is less than wonderful.
@hazegray9998
@hazegray9998 Год назад
Sad but true: If one has enough money and power, one can get away with anything.
@jordandavid8653
@jordandavid8653 Год назад
People in power protect each other while the rest of us have to live with our choices? Shocking!
@harperwelch5147
@harperwelch5147 2 года назад
Honestly too depressing to watch.
@SiljCBcnr
@SiljCBcnr 2 года назад
"The Big Short" is a nice movie about this, I really liked it. Really absurd that no one is in jail for this, yet in some states of the US you get a life sentence for your 3rd drug related criminal offense.
@mythrapi73
@mythrapi73 10 месяцев назад
ofc it's obvious smoking a joint is far worse than swindling billions of dollars from poor people
@rodneyhill9909
@rodneyhill9909 Год назад
Responsibility always start at the top
@Yaddyvalerio
@Yaddyvalerio Год назад
The recession forever traumatize me. I found a job a year after graduating. Comparing to the pandemic I was able to find a job within a month. Is crazy to look bac and yet is still the same I think probably worst.
@oldmandoinghighkicksonlyin1368
@oldmandoinghighkicksonlyin1368 2 года назад
Maybe instead of a criminal case against the bankers, the US government should've brought a civil suit. Instead of the burden of proof being "beyond a reasonable doubt" it becomes "the defendant is PROBABLY legally responsible." Even if there was a verdict in a criminal case, it'd result in a fine (a laughably small one at best). If there's a civil suit, the US gov't (on behalf of taxpayers) could sue for billions in order to plow under a bank or two to send a message. Besides, in today's world, justice only comes in the form of financial deprivation.
@thetruthwillsetyoufree9209
@thetruthwillsetyoufree9209 2 года назад
Hit these 'Masters of the Universe' where it really hurts, their wallets.
@kimobrien.
@kimobrien. 2 года назад
@@thetruthwillsetyoufree9209 A revolutionary overthrow of the capitalist system is what is needed.
@alanskinner7031
@alanskinner7031 Год назад
That is a great idea except the people that caused the 2008 crash was the government, mostly a man named Bill Clinton that signed the bill that caused the crash. The bankers were just the players. This is like blaming the kid who burns the house down next door after his parents buy him a flame thrower. We have (HAD) something in this country call rules and regulations, you should learn something about them!!!!!!
@cfroi08
@cfroi08 Год назад
@@thetruthwillsetyoufree9209 once the US Govt realizes that supporting this banking system is no longer preventing but encouraging anarchy, watch how fast they'll turn on Wall St.
@ericshang7744
@ericshang7744 Год назад
You ignored the fact that it was systematic failure. The borrowers, the mortgage companies, the wall street big guys are all committing the crime, what’s more, the law makers, the government agencies were ultimately responsible as they are supposedly be the controller and protector of the public. But so far, the government is still not showing any sense of responsibility for the failure. And public kept blaming the bankers.
@shadrick322
@shadrick322 2 года назад
In 2001, I applied for a home loan making $60K-$70K. After my approval I was asked "HOW MUCH DO YOU WANT". I said $200K. They gave me $250k. I should've asked for $350k and bought some rentals.
@ingridtullos1360
@ingridtullos1360 7 месяцев назад
Lawyers don't understand fiduciary regulations, which is the law.
@bigriver3278
@bigriver3278 9 месяцев назад
How refreshing....imagine that greedy bastards that just need more.
@harolddburke4726
@harolddburke4726 2 года назад
In Iceland the bankers went to jail. The government was fired and new elections were held. In America we gave them the bail out.
@yankees29
@yankees29 Год назад
That’s great for the 200 people that live inIceland I guess.😊
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