Page 4 - Fraud Enforcement Task News Today : Breaking News, Live Updates & Top Stories | Vimarsana

For the members who are present, except for the ones that are here already, it will be on seniority, then other people that come in, youll be called on according to how our respective staff keep track of you in the order of your appearance. Before chairman leahy and i give our Opening Statements, id like to go over some things i said yesterday. First of all, we welcome everybody back to this second day of hearing on ms. Lynchs nomination to be attorney general. As i said yesterday and everybody abided by this, and i want to thank everybody that was here yesterday for their courtesy i want ever...

Tonight. Fraud and potential criminal conduct were at the heart of the financial crisis. More than four years later. No one going to jail, no individual is being held accountable. Th is totally about what went on on wall street. Frontline investigates why no wall street executives have gone to jail. The fbi wasnt aiming high enough. There was a definite sense that justice backed off. Did the government fail . Martin smith a number of people told us that you didnt make this a top priority. Well, im sorry if they think that, because i made it an incredibly top priority. So youre telling me that ...

Incredibly top priority. So youre telling me that not one executive on wall street committed provable fraud . I mean, i just dont believe that. Tonight ofrontline, the untouchables. Frontlinis made possible by contributions to your pbs station from viewers like you. And by the corporation for public broadcasting. Major support for frontline is provided by the john d. And catherine t. Macarthur foundation, committed to building a more just, verdant and peaceful world. More information is available at macfound. Org. Additional funding is provided by the park foundation, dedicated to heightening ...

1974. The unemployment rate. Narrator in 2009, wall street bankers were on the defensive. The Great American mortgage bubble had burst. This is a huge amount of money. Narrator the economy was in ruins and wall street bankers were being blamed. Bankers admitted they had miscalculated. But they were also worried that they could be held criminally liable for fraud. He and president obama will continue to work on. Narrator with a new administration arriving in washington, bankers and their attorneys expected investigations and at least some prosecutions. 150 billion in mortgagebacked securities. ...

1974. The unemployment rate. Narrator in 2009, wall street bankers were on the defensive. The Great American mortgage bubble had burst. This is a huge amount of money. Narrator the economy was in ruins and wall street bankers were being blamed. Bankers admitted they had miscalculated. But they were also worried that they could be held criminally liable for fraud. He and president obama will continue to work on. Narrator with a new administration arriving in washington, bankers and their attorneys expected investigations and at least some prosecutions. 150 billion in mortgagebacked securities. ...