Watch full-length episodes of PBS documentary series FRONTLINE for free. The Untouchables – FRONTLINE examines why no Wall St.
Last night, PBS’ Frontline looked at a question many Americans have asked — Why have no top Wall Street executives been prosecuted for their part in the 2008 financial crisis? — and took it right to man at the Justice Dept. who isn’t.
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Nobody goes to jail. This is the mantra of the financial-crisis era, one that saw virtually every major bank and financial company on Wall Street embroiled in obscene.
According to the 2016 Makovsky Wall Street Reputation Study, released today (Sept. 20), the majority of financial professionals surveyed said their companies are still impacted by the 2008 financial crisis. While it’s been nearly a.
The Wall Street Crash of 1929, also known as Black Tuesday (October 29), the Great Crash, or the Stock Market Crash of 1929, began on October 24, 1929 ("Black.
The exhibits referenced in the statement and the other witness testimony are available here. You can also watch the hearing live or view an archive webcast later at.
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Journalist to discuss aftermath of the 2008 financial crisis. the Hidden World of Wall Street’s Post-Crash Recruits,” which chronicles the story of eight young Wall Street brokers in the aftermath of the financial crisis of 2008.
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Bron and his crew made 11 trips to Cleveland during pre-production and shooting. "They kind of camped out in our offices for several months," Cohen remembered. They also went out into the city, or "the scene of the crime," as Bron.
The credit storm swept through Wall Street and Main Street with renewed ferocity on Monday. The bad news from both the financial and corporate sectors underlined the broadening of a crisis that claimed its first victims among.
And that’s because the underlying cause of the 2008 crisis is still with. vulnerable and prone to crisis. Giving banks this kind of powerful role to play in the economy is just asking for trouble. Wall Street is literally a ticking time bomb,
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The Wall Street collapse in 2008 and the ensuing financial crisis has cost the nation an estimated $12.8 trillion, according to a study released Wednesday by Better Markets, a Washington advocacy group that lobbies for financial reform.
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During his administration, Obama blamed Wall Street bankers for the 2008 financial crisis, publicly called for their accountability, and in 2009 referred to them as "fat cats." "I did not run for office to be helping out a bunch of fat cat.
Sep 20, 2008 · The upheaval in the world of finance has resonated for people who know little about Wall Street. Here are questions and answers of concern to Main Street.
Yet take a close look at Europe’s debt crisis and you see quite. implosion of Lehman Brothers in 2008. That is, financial chaos. Investors are already getting the scent. Stocks have slumped as investors dump Wall Street bank.
Former Federal Reserve Chairman Ben Bernanke says some Wall Street executives should have gone to jail for their roles in the financial crisis that gripped the country in 2008 and triggered the Great Recession. Billions of dollars in.
The 2008–present Spanish financial crisis, also known as the Great Recession in Spain or the Great Spanish Depression, began in 2008 during the world financial.
Bush has tried to avoid the fate of his father: brought low by a feeble economy. Now, as the financial crisis radiates far beyond Wall Street, Bush faces an even grimmer prospect: being blamed, at least in part, for an economic.
CLICK ON EACH WALL STREET EXEC BELOW TO SEE THEIR COMPENSATION MEASURED AGAINST THEIR FIRM’S BAILOUT Joseph Cassano, AIG Financial Products Executive, 1987-2008 CLAIM TO FAME: Mr. Credit-Default Swap.
Jun 13, 2017 · Trump’s reversal of Wall Street regulations risks another Lehman Brothers but ‘on a larger scale’
The 2008 financial crisis timeline had 33 key events during that year. An explanation, from the Bear Stearns bailout to Lehman’s collapse, to TARP.
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“September and October of 2008 was the worst financial crisis in global history, including the Great Depression,” said Bernanke in a document filed Aug. 22 with the U.S. Court of Federal Claims, reports The Wall Street Journal. Of the.
The Dodd-Frank Wall Street Reform Act regulates the financial markets and protects consumers. How its 8 components prevent another economic crisis.
But, despite having "promised more of the same," especially in the wake of the 2008 financial crisis, the Obama administration’s DOJ has not brought criminal charges against a single major Wall Street executive. The Bush and.
Sep 14, 2008 · The stunning series of events culminated a weekend of frantic around-the-clock negotiations, as Wall Street bankers huddled in meetings at the behest of.
The invaluable International Business Times, under the direction of David Sirota, has been doing god’s work on the circumstances of the economic crisis of 2008, even though most of the rest of the country’s political class—including,
Democratic presidential candidate Hillary Clinton once said that Wall Street did not cause the mortgage crisis. have afforded prime mortgages,” Wallison said. “By 2008, before the financial crisis, there were 55 million mortgages in the.
Reporting from New York — The little museum on Wall Street did not know what. pulled money out of his hedge fund in 2008 that he began discussions with the museum. "If it hadn’t been for the credit crisis, it’s not an opportunity I.
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We are approaching the tenth anniversary of the start of the 2008 economic crisis. While the causes of the dramatic global market downturn were numerous and complex.
During Fed Chair Janet Yellen’s press conference on December 13, she had this to say about financial stability on Wall Street: “And I think when we look at other.
Ben Bernanke has a plea for U.S. policymakers on behalf of his regulatory heirs: Keep big banks. failure on Wall Street would be just too damaging and so regulators should have another option ready. "Under circumstances like we had in.