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Forum Post: (((Video))) 60 Minutes - Prosecuting Wall Street Fraud At CITIGROUP And COUNTRYWIDE - Department Of Justice On The Defensive

Posted 10 years ago on Dec. 6, 2011, 5:37 p.m. EST by MonetizingDiscontent (1257)
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60 Minutes - Prosecuting Wall Street Fraud At Citigroup And Countrywide - DOJ On The Defensive


60 Minutes Video - Prosecuting Wall Street: Part 1 - Dec. 4, 2011
(((Video))) http://www.cbsnews.com/video/watch/?id=7390540n

Outstanding segment from Sunday night for anyone who missed it. This first portion focuses on fraud at Countrywide. This is very good television.

(((Read the transcript at CBS))) http://www.cbsnews.com/8301-18560_162-57336042/prosecuting-wall-street/

60 Minutes Video - Prosecuting Wall Street - Part 2

(((Video))) http://www.cbsnews.com/video/watch/?id=7390542n

Vikram Pandit comes under fire. Don't skip this second part.



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[-] 1 points by lonespectator (106) 10 years ago

I saw this and it sucked!! All it was is a circle jerk. The real criminal they should confront is Henry Paulson. He stole taxpayer money under false pretenses and gave it to his friends in Wall Street. He assured they couldn't be prosecuted, and no strings to the money, allowing Goldman Sachs and others to "disappear" losses and then show profits and give big bonuses. Paulson is a crook. Confront him..the coward and thief....

[-] 1 points by April (3196) 10 years ago

Have not seen yet, but will watch. Thanks for the links! DOJ on the defensive - REALLY!! How can they possibly defend themselves?! Can't wait to watch this.

[-] 0 points by fjolsvit (957) from Washington, DC 10 years ago

60 Mins: Hard questions unasked. Why was this question never asked of the DoJ prosecutor: I the DoJ simply impotent when it comes to enforcing the law? How do you justify your existence if people can rob the American people of $trillions with impunity?

The 60 minutes report seems like nothing more than venting a bit of pressure to keep the lid from blowing of the whole fraudulent kleptocracy. A bit of inconsequential limited hangout, and back to crime as usual.