To protect the investors . Yes. Arent they charged with informing investors . Yes. Why didnt they do it . Welcome to 60 minutes on cnbc. Im bob simon. Even though fraud played a significant role in the 2008 meltdown of the american economy, as of late 2012, there have been several civil suits filed against major wall street financial firms, but not a single criminal prosecution. In this edition, we look back at the 2008 financial crisis and the failure of government regulators to prosecute those who might be criminally responsible. Later, Lehman Brothers bankruptcy investigator Anton Valukas shares his findings on the collapse of the giant Investment Bank where no senior official has ever faced charges in the biggest bankruptcy in u. S. History. But first we begin with a ninemonth 60 minutes investigation looking for wall street cases that might have prosecutorial merit. In december 2011, steve kroft reported on two such cases. We begin with a woman named Eileen Foster, a former Senior
Isnt the government supposed to protect the investors . Yes. Arent they charged with informing investors . Yes. Why didnt they do it . Welcome to 60 minutes on cnbc. Im bob simon. Even though fraud played a significant role in the 2008 meltdown of the american economy, as of late 2012, there have been several civil suits filed against major wall street financial firms, but not a single criminal prosecution. In this edition, we look back at the 2008 financial crisis and the failure of government regulators to prosecute those who might be criminally responsible. Later, Lehman Brothers bankruptcy investigator Anton Valukas shares his findings on the collapse of the giant Investment Bank where no senior official has ever faced charges in the biggest bankruptcy in u. S. History. But first we begin with a ninemonth 60 minutes investigation looking for wall street cases that might have prosecutorial merit. In december 2011, steve kroft reported on two such cases. We begin with a woman named E
Isnt the government supposed to protect the investors . Yes. Arent they charged with informing investors . Yes. Why didnt they do it . Welcome to 60 minutes on cnbc. Im bob simon. Even though fraud played a significant role in the 2008 meltdown of the american economy, as of late 2012, there have been several civil suits filed against major wall street financial firms, but not a single criminal prosecution. In this edition, we look back at the 2008 financial crisis and the failure of government regulators to prosecute those who might be criminally responsible. Later, Lehman Brothers bankruptcy investigator Anton Valukas shares his findings on the collapse of the giant Investment Bank where no senior official has ever faced charges in the biggest bankruptcy in u. S. History. But first we begin with a ninemonth 60 minutes investigation looking for wall street cases that might have prosecutorial merit. In december 2011, steve kroft reported on two such cases. We begin with a woman named E
Country is over 1,000 dead per day. I dont know how a president asks a country to give him four more years in charge when this is how hes running the country now, but that is what we are doing right now and all of its sur realty. Nothing about the gravity of the situation appears to be sinking in for the president. Even today, even still. This thing is going away. It will go away like things go away. It will go away like things go away. Its not even a simile. He doesnt even have another thing to compare it to, some other thing that goes away where you can say this thing is going away, it will go away like x. He doesnt even have an x in mind. He just says it will go away like things go away. Theres no reason to believe this will go away. Thats not how contagious viral epidemics work. In the same interview today, though, the president also said this. This is a direct quote. He said, quote, if you look at children, children are almost and i would say definitely, but almost immune from thi
People. They dont really get where it fits in. But you reminded us that we have learned something that we did not know, and that is this bank that has been loaning donald trump money against the advice of its own people for 20 years actually got subpoenaed. This wasnt just another investigation into why they had this cushy relationship with donald trump. This bank had information subpoenaed a year ago and they have been cooperating with the district attorney. So thats remarkable. And handed it over. Yeah. There is a lot of information. So much of yeah. We have had so much of interest in terms of fighting those subpoenas. But for us to now learn that Deutsche Bank received a subpoena, they complied and that information is in the hands of prosecutors, thats a whole new ball game. That is something that is absolutely new with all the scandals and it is just important stuff. Anyway. Thank you. Thank you for doing that and have yourself a great evening, rachel. Thanks, ali. Donald trumps co