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 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, verdan
Small gardens replace in our classrooms or our homes. One thing i did was i endeavored when there was an issue of conflict between a muslim and Christian Community, i had the Muslim Community school right down what they felt would be the ideal garden, the shapes and sounds and images that warmed them and brought a sense of peace. Then i had the Christian Community to the same. Then i had them actually create each others garden, literally tending each others garden. I think that kind of work is very valuable and can be a tremendous source of healing. You think about any kind of trauma, not simply war, but natural disasters, the idea of bringing aspiration to action and doing things for others i think is very important. One thing i wanted us to brainstorm together in addition to some external places and spaces we can create, i think there is some internal spaces that we can that we can build and nourish through things like spoken word, giving victims and the people around them restored s
Call us and let us know what you think. Republicans call 202 5853881. Democrats can join in on 202 5853880. Independents can call 202 5853882. We will be joined by the Washington Post white house offer us moreto perspective on the state of the Financial System, four years after Congress Passed the dodd frank act. Media. Join us on social facebookvia twitter, or send us an email. Morning to you. I want to start by having you explain exactly what the goals of the dodd frank act were. Caller it passed in 2010 as a response to the financial crisis that nearly brought down the u. S. Economy before the Federal Reserve could save it. They try to learn the lessons of that crisis. It includes a whole host of new regulations on wall street. Risktaking by banks and consumers. Fail, keep the system operating without having to bail out banks with taxpayer money. Host those are some big goals there. How much progress have we made . We definitely have made a significant amount of progress eared there
September. So again, in fits and starts we are seeing better news out of the Housing Market. Home builders rallying on the news, we have pulte group and all of them up 1 to 3 . Even as Mortgage Applications explode we got that data as well. On the other hand, going down below 86 a barrel just as the cme trader warned you on monday that it would. He actually said i see no were to go but 86, it is ahortterm trade and we are below 86 at 8582, prices falling 1 5 great day in a row but moving lower today it closed above 85. 69 which was yesterday. Lets see what our traders can predict. It is the one, the only fox business 4 show on countdown to the closing bell. We have traders at the cme and the nymex, with your prediction now we have the Federal Reserve, they could have reached in but spend a lot of time . The fact of the matter is theres nothing left for them to say unless they offer some surprises and that is not likely all the you have to be concerned with ben bernanke starting to let
Other loans, and we are going to talk about why it matters to you and what you should do now in a rising rate environment. And we are also approaching the anniversary of the financial crisis. Ify yeaand simon hobbs joins me here at the nyse. Early stock market gains on the backs of the employment report turned to a tripledigit loss earlier this morning. Since then weve been climbing our way back. Mary thompson has been watching all the action. Tough day. More sensitive to the downside than the upside at the moment. Thats right. Were holding on to a 22point gain which would be the dows fourth gain in a row if it holds right here as you take a look at the markets. A wild day, the dow in a 200point range dropping on comments by putin and recovering. Here are some of the groups were keeping a watch on today. Because the yield on the tenyear has come off the 3 and it touched overnight and because, of course, that weak jobs report were seeing strengths in the rate sensitive sectors, utilitie