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
No, you dont need more sleep . Youre getting plenty of sleep right . Are you getting plenty of sleep . Yes. Brown chinas new leader will head both the communist party and the military. We assess the change at the top in beijing. Suarez and we close with the story of volunteers stepping up to help victims of Hurricane Sandy in the borough of queens in new york. Theres people who have been without attention for a long time. Some with, some without running water. Definitely without power. You know, so as time goes, it gets worse. And im afraid if we dont like, really get this situation under control. Brown thats all ahead on tonights newshour. Major funding for the pbs newshour has been provided by moving our economy for 160 years. Bnsf, the engine that connects us. And by the alfred p. Sloan foundation. Supporting science, technology, and improved Economic Performance and Financial Literacy in the 21st century. And with the ongoing support of these institutions and foundations. And. This
The largest single criminal fine in u. S. History. We examine the legal resolution of the gulf coast spill, two years later. Suarez science correspondent miles obrien asks an age old question. Why do we sleep . The answer comes from an unlikely underwater source. No, you dont need more sleep . Youre getting plenty of sleep right . Are you getting plenty of sleep . Yes. Brown chinas new leader will head both the communist party and the military. We assess the change at the top in beijing. Suarez and we close with the story of volunteers stepping up to help victims of Hurricane Sandy in the borough of queens in new york. Theres people who have been without attention for a long time. Some with, some without running water. Definitely without power. You know, so as time goes, it gets worse. And im afraid if we dont like, really get this situation under control. Brown thats all ahead on tonights newshour. Major funding for the pbs newshour has been provided by moving our economy for 160 year
Youre getting plenty of sleep right . Are you getting plenty of sleep . Yes. Brown chinas new leader will head both the communist party and the military. We assess the change at the top in beijing. Suarez and we close with the story of volunteers stepping up to help victims of Hurricane Sandy in the borough of queens in new york. Theres people who have been without attention for a long time. Some with, some without running water. Definitely without power. You know, so as time goes, it gets worse. And im afraid if we dont like, really get this situation under control. Brown thats all ahead on tonights newshour. Major funding for the pbs newshour has been provided by moving our economy for 160 years. Bnsf, the engine that connects us. And by the alfred p. Sloan foundation. Supporting science, technology, and improved Economic Performance and Financial Literacy in the 21st century. And with the ongoing support of these institutions and foundations. And. This program was made possible by t
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