With alayne fleischmann, the whistleblower who helped the Justice Department forced the bank to pay one of the largest fines in american history. You might be surprised what she says about the bank as well as the obama white house. She is featured in a new Rolling Stone piece a recently returned matt taibbi. The significance of this story to me is that it talks a lot about the legacy of eric holder. We finally have somebody from the inside who is telling us what a lot of us expected all along, that the Obama Administration did have enough evidence to proceed against a lot of these banks, and they just did not do enough with that evidence and those witnesses. And we finally have someone like alayne fleischmann who can tell us all about that and all that went on. All that and more, coming up. Welcome to democracy now, democracynow. Org, the war and peace report. Im amy goodman. A federal Appeals Court in ohio has dealt a blow to Marriage Equality in a move expected to bring the issue bef
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
About 8 billion to banks at discounted rates. The goal is to allow the firms to relend the money to small businesses. Its been more than 24 hours since swiss Central Banks shocked the financial world. It abandoned its cap on the euro an were still learning about the fall out. Regulators around the world are looking for information about what happened and how some retail brokerages entered insolvency. It says the volatility left it with a negative equity balance and its trying to sure up its capital. Lets take a look at whats happening with the u. S. Equity futures this morning. The dow was down by triple digits yesterday. The dow was indicated down by 42 points. S p few turs down by 6 and the nasdaq down by over 28 points. Of course as weve seen what happens in these early hours is no indication of what would happen by the market close. No indication of what would happen by the market open. So true. A lot of volatility out there. It is. Corporate news this morning, heres our early stoc
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
Thank you. In many of the countries where our News Organization operates, this doesnt resonate because the notion of independence doesnt exist in a lot of countries around the world. You know, and particularly for news agencies. I think the standard definition of the news agency in most countries is something that is tied government. And the type of agency that ap and reuters are is sometimes hard for people to comprehend. When i was based in asia, i often had to explain that ap didnt stand for american press. I think intellectual, it is the difference between government and independent but there are countries in which every entity is controlled bit government and whether it is industry for education or media. Thank you. Andrew humphrey, wdiv if detroit michigan and founder of the Journalism Task force. Thank you for being here. My question is, and for all of the panelists, what other loop holes exist now in the law that you can enlighten us on. For example, from the patriot act, is it