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.

---

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

Comments

[DailyBail]

EX-DETROIT MAYOR LEAVES PRISON AFTER WEEKEND STAY

http://hosted.ap.org/dynamic/stories/U/US_DETROIT_EX_MAYOR_PRISON?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2013-01-25-18-57-07

[DailyBail]

The Death of the Mortgage Broker

http://www.marketwatch.com/story/the-death-of-the-mortgage-broker-2013-01-24

[LadyLiberty]

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

[DailyBail]

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.

[DailyBail]

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

[SKINFLINT]

Go and figure, morals got in the way of making billions for some of these banks. Gotta
Give credit where credit is due.

[SKINFLINT]

Cheyenne, Here is one you may enjoy.http://cnsnews.com/news/article/fast-and-furious-figure-accused-misleading-congress-departing-justice-dept