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« Businessman Names Harry Reid As Alleged Recipient Of $600,000 Bribe | Main | J.P. Morgan's Food Stamp Monopoly: The More Americans That Fall Into Poverty The More Money Jamie Dimon Makes »
Monday
Jan282013

Eliot Spitzer On Lanny Breuer: 'The Biggest Fraud On Wall Street'

Spitzer precisely at the 2:35 mark.

Excellent discussion.  Give this a few minutes.  You can skip the introduction and start watching about 1:20 in.  Recorded Jan. 24, 2013.

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Description from the Youtube page -- Former New York Governor, Eliot Spitzer, discusses the new Frontline documentary 'The Untouchables', why the Obama Administration failed to prosecute fraud on Wall Street, why the Justice Department did not aggressively investigate fraud across the financial industry, the resignation of Lanny Breuer, why paying fines will not solve the problem of crime on Wall Street, Obama's choice for the new head of the SEC and the need for justice to be more creative and structural.

 

You can watch the full broadcast here:

PBS Frontline - Wall Street Untouchables

 

And the details of Lanny Breuer's departure are here:

Wall Street Shill Lanny Breuer Done At DOJ

 

 

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Reader Comments (7)

Jan 28, 2013 at 7:07 PM | Registered CommenterDailyBail
I know this is going to shock you all :)

Adjustable-Rate Mortgages Are Still a Problem

http://realmoney.thestreet.com/articles/12/27/2012/adjustable-rate-mortgages-are-still-problem
Jan 28, 2013 at 7:51 PM | Unregistered CommenterLadyLiberty
Profiting off hunger: Wall Street makes big gains over food price spikes

http://rt.com/news/food-price-speculation-banks-411/

Good chart in this story.
Jan 28, 2013 at 8:54 PM | Registered CommenterDailyBail
White House officials caught out with lobbyists

The White House was accused of breaking its own transparency rules after it emerged that senior officials went to elaborate lengths to conceal back-channel discussions with lobbyists.

http://www.telegraph.co.uk/news/worldnews/democrats/9445120/White-House-officials-caught-out-with-lobbyists.html
Jan 28, 2013 at 8:55 PM | Registered CommenterDailyBail
Go and figure, morals got in the way of making billions for some of these banks. Gotta
Give credit where credit is due.
Jan 28, 2013 at 9:04 PM | Unregistered CommenterSKINFLINT

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