Office. I think it could maybe you would like to have this on your desk. Ive been waiting for it for years. Thank you. And our last question, as the head of wells fargo, how often do you get to ride in a stagecoach . Well, ill give you a quick deal. The stagecoach, if youve ever seen one, it had capacity for 18 people, 9 inside and its not very big inside and 9 on top. Its actually a very unique design in that they used straps, leather straps as part of the suspension. And its really an interesting wonderful part of our culture and its an iconic brand. Thank you very much, everybody. I really appreciate it. [ applause ]. Ladies and gentlemen, ladies and gentlemen, thank you all for coming today. We are adjourned. Here are a few of the comments we recently reviewed from some of our viewers. I enjoy cspan everybody and i enjoy watching cspan3 to watch real america every sunday afternoon at 1 00 p. M. Pacific time. I love real america. Ive never missed one episode. Please keep real americ
Corporation. And next tuesday, september 23rd, we will have former senator jim webb of virginia. And finally, i would like to present you with the Traditional National press club mug. Ive never been inside your office. I think it could maybe you would like to have this on your desk. Ive been waiting for it for years. Thank you. And our last question, as the head of wells fargo, how often do you get to ride in a stagecoach . Well, ill give you a quick deal. The stagecoach, if youve ever seen one, it had capacity for 18 people, 9 inside and its not very big inside and 9 on top. Its actually a very unique design in that they used straps, leather straps as part of the suspension. And its really an interesting wonderful part of our culture and its an iconic brand. Thank you very much, everybody. I really appreciate it. [ applause ]. Ladies and gentlemen, ladies and gentlemen, thank you all for coming today. We are adjourned. Here are a few of the comments we recently reviewed from some of o
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 Public Awareness of critical issues. And by the frontline journalism fund, supporting investigative reporting and enterprise journalism. Although this downturn started in the housing sector and in the financial sector, youre seeing a lot of things being hit. Todays numbers suggest job losses are accelerating. Thats the biggest loss since 1974. The unemployment rate. Narrator in 2009, wall street b
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. Smith was there a sense that there were going to be prosecutions of alleged fraud related to the mortgage crisis . I think there was that expectation. I think people had seen the financial crisis. There was obviously a lot of conduct that had gone on that was improper. And i think people were expecting to see some substantial prosecutions. The men and women who duped wouldbe homeowners, who defrau
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. Smith was there a sense that there were going to be prosecutions of alleged fraud related to the mortgage crisis . I think there was that expectation. I think people had seen the financial crisis. There was obviously a lot of conduct that had gone on that was improper. And i think people were expecting to see some substantial prosecutions. The men and women who duped wouldbe homeowners, who defrau