frontline is made possible by contributions to your pbs station from viewers like you. thank you. with major funding from the john d. and catherine t. macarthur foundation. committed to building a more just, verdant and peaceful world. with additional funding from the park foundation. committed to raising public awareness. it was too good to be true. would you believe it, how the money rolled in? but nobody wanted to ask questions. you see a willful ignorance. nobody wants to get in the way of all this money. from small-time investors to sophisticated hedge fund managers. all these guys did was just dump money in, do no due diligence and count their money. it s amazing. smith: did madoff say to you, don t put me in your prospectus? yes, he did. smith: do you think that s right? and where were the regulators? why didn t you find him? is the question. i blame the government. i really, truly do. tonight on frontline, correspondent martin smith unr
frontline is made possible by contributions to your pbs station from viewers like you. thank you. with major funding from the john d. and catherine t. macarthur foundation. committed to building a more just, verdant and peaceful world. with additional funding from the park foundation. committed to raising public awareness. it was too good to be true. would you believe it, how the money rolled in? but nobody wanted to ask questions. you see a willful ignorance. nobody wants to get in the way of all this money. from small-time investors to sophisticated hedge fund managers. all these guys did was just dump money in, do no due diligence and count their money. it s amazing. smith: did madoff say to you, don t put me in your prospectus? yes, he did. smith: do you think that s right? and where were the regulators? why didn t you find him? is the question. i blame the government. i really, truly do. tonight on frontline, correspondent martin smith unr
frontline is made possible by contributions to your pbs station from viewers like you. thank you. with major funding from the john d. and catherine t. macarthur foundation. committed to building a more just, verdant and peaceful world. with additional funding from the park foundation. committed to raising public awareness. it was too good to be true. would you believe it, how the money rolled in? but nobody wanted to ask questions. you see a willful ignorance. nobody wants to get in the way of all this money. from small-time investors to sophisticated hedge fund managers. all these guys did was just dump money in, do no due diligence and count their money. it s amazing. smith: did madoff say to you, don t put me in your prospectus? yes, he did. smith: do you think that s right? and where were the regulators? why didn t you find him? is the question. i blame the government. i really, truly do. tonight on frontline, correspondent martin smith unr
certainly whatever it is that comes forth has got to improve on what we had before. because the danger that we face now in an economy where the function of the financial system is critical, we would have another collapse. we must avoid that at all costs. the madoff thing is one aspect and the failure to regulate the financial world properly is another. host: the next phone call is from dallas. edward on the democrats line. caller: good morning. thank you for taking my call. mr. marc zuckerman. i have been listening to you for a while. previously on this program. but you answered my question about why we went into iraq. i thought about this. if the energy was the reason and we haven t gotten anything from it, why are we still there? because afghanistan is where we need to be. can you answer that question? guest: i m not sure i can answer that question because i m not sure it s easy to give you an answer as to why we are still there. we are under agreement to withdrawal our
been al qaeda attacks all over europe. iran has attacked so many other countries, mostly shiia countries, not being willing to focus their efforts on the development of their own societies and we have to find a way to cope with that. i don t know whether we are going to be successful in their cultural and in a terrain like afghanistan. karzai, who is a leader of afghanistan, is one of those leaders who seem to be a responsible leader but has turned out to run a totally corrupt regime with apparently his brother as sort of the bagman for the family. he s managed to outmaneuver us from buying out various support levels from different tribes within afghanistan. he ll probably continue as president. we don t know how to get out of this mores a that we are in. we can t cread the ground to either alk cede the ground to either al qaeda or afghanistan. pakistan is a country that has over 100 nuclear weapons. we hope that a tyrannical regime mr. take over pakistan and use those nucl