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The Untouchables

The Untouchables
January 22, 2013 FRONTLINE investigates why Wall Street’s leaders have escaped prosecution for any fraud related to the sale of bad mortgages. Is SEC “Fearful” of Wall Street? Agency Insider Says Yes April 8, 2014, 3:15 pm ET · by Jason M. An SEC trial attorney used a recent retirement speech to criticize the agency for being too “tentative and fearful” in confronting Wall Street following the 2008 financial crisis. Watchdog Calls Out DOJ For Mortgage Fraud Response March 13, 2014, 6:33 pm ET · by Jason M. An inspector general’s report has called into question the Justice Department’s stated commitment to holding people accountable for misconduct that precipitated the financial crisis. How JPMorgan’s $13 Billion Settlement Stacks Up November 19, 2013, 8:57 pm ET · by Jason M. Its the largest fine against an American company ever — and here’s how it compares to other recent bank settlements. Bank of America Liable for Mortgage “Hustle” Program October 24, 2013, 3:17 pm ET · by Jason M. Related:  Financial Crisis'Documentaries

The Untouchables: How the Obama administration protected Wall Street from prosecutions | Harry J Enten (updated below - Update II) PBS' Frontline program on Tuesday night broadcast a new one-hour report on one of the greatest and most shameful failings of the Obama administration: the lack of even a single arrest or prosecution of any senior Wall Street banker for the systemic fraud that precipitated the 2008 financial crisis: a crisis from which millions of people around the world are still suffering. What this program particularly demonstrated was that the Obama justice department, in particular the Chief of its Criminal Division, Lanny Breuer, never even tried to hold the high-level criminals accountable. What Obama justice officials did instead is exactly what they did in the face of high-level Bush era crimes of torture and warrantless eavesdropping: namely, acted to protect the most powerful factions in the society in the face of overwhelming evidence of serious criminality. "In 2009, Wall Street bankers were on the defensive, worried they could be held criminally liable for fraud.

Lifting the Veil: Obama and the Failure of Capitalist Democracy (2011 This film explores the historical role of the Democratic Party as the "graveyard of social movements", the massive influence of corporate finance in elections, the absurd disparities of wealth in the United States, the continuity and escalation of neocon policies under Obama, the insufficiency of mere voting as a path to reform, and differing conceptions of democracy itself. Original interview footage derives from Noam Chomsky, Michael Parenti, Michael Albert, John Stauber (PR Watch), Sharon Smith (Historian), William I. Robinson (Editor, Critical Globalization Studies), Morris Berman (Author, Dark Ages America), and famed black panther Larry Pinkney. Non-original interviews/lectures include Michael Hudson, Paul Craig Roberts, Ted Rall, Richard Wolff, Glen Ford, Lewis Black, Glenn Greenwald, George Carlin, Gerald Cliente, Chris Hedges, John Pilger, Bernie Sanders, Sheldon Wollin and Martin Luther King. Films For Action's Review:

Staat verliest op steun aan banken donderdag 3 jan 2013, 12:06 (Update: 03-01-13, 17:21) Jeroen Dijsselbloem ANP Nederland lijdt vanaf dit jaar verlies op de miljardensteun die aan de banken is verleend, heeft minister Dijsselbloem van Financiën gezegd. De minister zei dat op een nieuwjaarsreceptie van de PvdA in Nijmegen. De voorgangers van Dijsselbloem hebben steeds gezegd dat het geld dat in de banken is gestoken zich zou terugverdienen, maar dat is volgens de minister nu niet meer het geval. 30 miljard euro De rente die de staat moet betalen op de miljardenleningen is vanaf dit jaar hoger dan het geld dat terugvloeit naar de staatskas. De grootste lening sloot de staat af voor de 30 miljard euro die nodig was om ABN Amro te redden. Beter dan 2008 Dijsselbloem kondigde ook aan dat het nog een paar jaar gaat duren voor de banken uit de gevarenzone zijn, hoewel de sector er veel beter voorstaat dan in 2008. De minister merkte ook op dat de bevolking terecht kritisch is op de banken, maar dat de steunmaatregelen nodig waren.

The War on Kids (2009 THE WAR ON KIDS is a 95 minute documentary that shows how American public schools continue to become more dangerously authoritarian. In addition to failing in their mission to educate effectively, they erode the country's democratic foundation and often resemble prisons. School children are interviewed as are high school teachers and administrators, as well as prison security guards, plus renowned educators and authors including: Henry Giroux: Author of Stealing Innocence Corporate Culture's War on Children Mike A. Music in the film is performed by The Chumps, Tommy Gardner, John S. THE WAR ON KIDS is directed by Cevin Soling who won the NYIIFVF award for "best educational film" in 2009.

Tegenlicht: Het brein van de bankier Vijf jaar na het uitbreken van de crisis is de schade nog altijd niet te overzien. Op de kredietcrisis volgden economische recessie, de eurocrisis en tergende politieke besluiteloosheid. Inmiddels zijn er analyses, rapporten, boeken en films gemaakt over hoe het financiële systeem ons in de afgrond heeft gestort en we zijn vertrouwd geraakt met begrippen als rommelhypotheken, derivaten, en bonuscultuur. Maar gek genoeg weten we heel weinig over de spelers in dat systeem -de bankiers, de traders, de bedenkers van giftige financiële producten, de Masters of the Universe: ze waren gezichtsbepalend tijdens de hoogtijdagen van de financiële boom, maar bleven grotendeels uit het zicht toen de klappen vielen. Wat weten we eigenlijk van deze nieuwe, zelfverklaarde elite, vroeg de Franse socioloog Michel Wieviorka zich eerder af in Metamorfose van een crisis. De bevindingen van Joris Luyendijk staan centraal in de extra Tegenlichtuitzending van dinsdag 1 januari 2013.

Power from the People (2002 Should it be a crime for people to share their renewable energy with others? From an Iowa farmer to a California solar guerrilla, these people have clean power to share--if only their utility companies would let them. Power From The People is about the fight to distribute homemade renewable energy over the nation"s power grid. Awards: EarthVision 2002 Award Winner, EarthVision Fest Renewable Energy Leadership Award, IRENEW Notable Screenings: Hazel Wolf Environmental Film Festival, 2003 Free Speech TV (DishTV 9415) Broadcast Premiere Nov 7, 2003 Want to Take Action? Check out the unaffiliated but related book "Power from the People" a how-to guide to DIY community solar power projects.

The Ritz has not paid corporation tax in 17 years, BBC Panorama probe reveals The documentary claims the world-famous London hotel has taken advantage of tax reliefs to cut its bill to nothing The Ritz Hotel, where suites cost up to £3,600 a night, has paid no corporation tax in the UK since is was taken over by the billionaire Barclay twins 17 years ago. The revelation comes in a BBC Panorama probe into the reclusive businessmen to be shown tonight. The documentary, called The Tax Haven Twins, claims the world-famous London hotel has taken advantage of tax reliefs to cut its bill to nothing. Although the corporation tax bill of zero is legal, it is not likely to prove popular with the public following backlashes against Starbucks and Amazon. Sir David and Sir Frederick Barclay, 78, who are said to be worth more than £2billion, allegedly run their affairs from tax haven Monaco and their private island in the Channel Islands, Brecqhou. The cash is said to be interest owed after a VAT rebate, and if the firm wins it could open the doors to other claims worth billions.

The Crisis of Civilization The Crisis of Civilization is a documentary feature film investigating how global crises like ecological disaster, financial meltdown, dwindling oil reserves, terrorism and food shortages are converging symptoms of a single, failed global system. Weaving together archival film footage and animations, film-maker Dean Puckett, animator Lucca Benney and international security analyst Dr. Nafeez Mosaddeq Ahmed – author of A User’s Guide to the Crisis of Civilization: And How to Save It – offer a stunning wake-up call proving that ‘another world’ is not merely possible, but on its way. Like the book on which it is based, the film consists of seven parts which explore the interconnected dynamic of global crises of Climate Catastrophe; Peak Energy; Peak Food; Economic Instability; International Terrorism; and the Militarization Tendency – with a final section on The Post-Peak World.