THE
PROGRESSIVE MIND
Wednesday, 2024/12/25, 1:10 AM
Welcome Guest | RSS
 
Main ForumRegistrationLogin
[ NEW POSTS · SEARCH · RSS ]     
  • Page 1 of 1
  • 1
Forum moderator: LIBertea  
(VIDEO) BillMoyers - Too Big To Jail? - Full Show 03.10.2014
LIBerteaDate: Saturday, 2014/10/04, 8:48 AM | Message # 1 |   DMCA |   
The Mirror
Group: Administrators
Messages: 2142
Thanks: 45


Full Show: Too Big to Jail?
October 3, 2014


Attorney General Eric Holder’s resignation last week reminds us of an infuriating fact: No banking executives have been criminally prosecuted for their role in causing the biggest financial disaster since the Great Depression.

“I blame Holder. I blame Timothy Geithner,” veteran bank regulator William K. Black tells Bill this week. “But they are fulfilling administration policies. The problem definitely comes from the top. And remember, Obama wouldn’t have been president but for the financial contribution of bankers.”

And the rub? While large banks have been penalized for their role in the housing meltdown, the costs of those fines will be largely borne by shareholders and taxpayers as the banks write off the fines as the cost of doing business. And by and large these top executives got to keep their massive bonuses and compensation, despite the fallout.

But the story gets even more infuriating, the more Black lays bare the culture of corruption that led to the meltdown.

“The Clinton, Bush and Obama administrations all could have prevented [the financial meltdown],” Black tells Moyers. And what’s worse, Black — who exposed the so-called Keating Five — believes the next crisis is coming: “We have created the incentive structures that [are]going to produce a much larger disaster.”

Producer: Candace White. Segment Producer: Rob Booth. Editor: Rob Kuhns. Intro Editor: Sikay Tang.
 
TrumanTownDate: Saturday, 2014/10/04, 3:30 PM | Message # 2 |   DMCA |   
Major
Group: Checked
Messages: 91
Thanks: 14

THIS IS A MUST WATCH PROGRAM
 
  • Page 1 of 1
  • 1
Search:
Forum Statistics
Recent Posts Most Popular Threads Top Users Newest Users
  • Hope they pass that climate bill in Senate
  • Banality of Evil?
  • [MOVIE] Lost In The Sun (2015)
  • [MOVIE] Black Mass
  • [MOVIE] Mission Impossible - Rogue
  • [VIDEO] Real Time with Bill Maher 2015 06 19
  • (VIDEO) Bernie Sanders - The President We Need
  • (VIDEO) I'D LIKE TO BUY THE KOCHS A WORLD....
  • [VIDEO] Real Time with Bill Maher 2015 05 15
  • [VIDEO] Real Time with Bill Maher 2015 05 08
  • [VIDEO] Candidate Obama debates President Obama on Spying (7)
  • Bill Maher - Real Time 04.12.2013 (5)
  • 9/11: Blueprint for Truth-The Architecture of Destruction (4)
  • [VIDEO] Shocking testimony about Al Qaeda (4)
  • Glenn Beck Gives Government Until Monday to Come Clean About (4)
  • (VIDEO) Bill Moyers: The Lies That Lead to War (June 27, 2014) (3)
  • [VIDEO] Years Of Living Dangerously Part 4 (3)
  • [VIDEO] Years Of Living Dangerously Part 2 (3)
  • (Video) Obama On Accountability (3)
  • [DOCUMENTARY] BBC - Climate Change and Geoengineering (3)
  • LIBertea
  • inbluevt
  • Teesus
  • Scorpone
  • TrumanTown
  • junco
  • Maxpain
  • PapaSmurf
  • Keithfan
  • Block
  • contact
  • c266h846
  • gheslinyang
  • kelly20190130
  • gigikaubonyok88
  • damianjaya001
  • 6009690
  • uzodinmaoby73
  • mandyspak2
  • wglichter
  • Copyright The Progressive Mind © 2024
    Free website builderuCoz