FINALLY – CBS ’60 Minutes’ Takes Aim at Wall St Crooks and Cronyism

Last night CBS News ripped one out of the park with an investigative report into the financial crisis that  “crippled the American economy.”

And with a proclamation that will be heard ’round the world, the venerable ‘60 Minutes‘ launched “Prosecuting Wall St ” by finally reporting on what millions of Americans have been questioning for the past 3 years:

“It’s been over 3 years since the financial crisis crippled the American economy, ” Steve Kroft begins his ’60 Minutes report this week.  “Yet there has not been a single prosecution of a high ranking Wall Street executive or major financial firm.”

Why???

Prosecuting Wall Street

December 4, 2011

Two high-ranking financial whistleblowers say they tried to warn their superiors about defective and even fraudulent mortgages. So why haven’t the companies or their executives been prosecuted? Steve Kroft reports.

Prosecuting Wall Street, pt. 1 – 60 Minutes – CBS News

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Read Story: Prosecuting Wall Street  Prosecuting Wall Street, Part 1December 4, 2011 4:02 PM~~~
Prosecuting Wall Street, Part 2

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2 Responses

  1. That was an excellent 60 Minutes but the part that concerns me was the interview with the SEC. The SEC is NOT doing anything and is NOT going to do anything.

    The coming elections are so important yet how many candidates have mentioned robosigning, fraudclosure etc etc?

    And even if they do mention it, it isn’t what you say, it is what you DO that matters in life…..

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