The Crime of Our Time: Why Wall Street Is Not Too Big to Jail

by Schechter, Danny

• ISBN13: 9781934708552
• ISBN10: 1934708550
• Edition: 1st
• Format: Paperback
• Copyright: 2010-09-01
• Publisher: Disinformation Co

Summary

In 2006, filmmaker Danny Schechter was denounced as an alarmist for his film In Debt We Trust, which warned of the coming credit crisis. He was labeled a doom and gloomer until the economy melted down, vindicating his warnings. His prescient new book, The Crime of Our Time, is a hard-hitting investigation that shows how the financial crisis was built on a foundation of criminal activity.

Author Biography

Danny Schechter is a veteran journalist who writes and speaks about economic and media issues. He is a multiple Emmy Award winner, having been a producer for ABC News, CNN and other major networks. He has written numerous books and directed many films including a tie-in with this book, Plunder The Crime of Our Time.

Table of Contents

Preface	p. xiii
Prologue	p. xvii
Musical Prologue by Polar Levine/Polarity 1	p. xxix
Introduction: Our Time and Financial Crime	p. 1
The Madoff Moment	p. 30
The White-Collar Prison Gang	p. 61
The Crimes of Wall Street	p. 64
The Criminal Mind	p. 78
The Crime at the Heart of the Crime	p. 84
Who Should Be Prosecuted?	p. 88
Investigating Financial Criminals	p. 95
Count One: Predatory Subprime Lending	p. 105
The Victims Are Everywhere	p. 122
Witnesses for the Prosecution	p. 127
Count Two: Wall Street Complicity	p. 131
Count Three: The Insurers	p. 138
Co-Conspirators: The Role of the Media	p. 149
Warnings Ignored	p. 159
The Bear Stearns ôBleed-Outö	p. 166
The Liquidation of Lehman	p. 183
Are Our Markets Manipulated?	p. 198
The Testosterone Factor	p. 217
The Role of Regulators and Politicians	p. 225
Judgment Day	p. 244
Epilogue: Combating Financial Piranhas	p. 266
About the Author	p. 277
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