The Untouchables (full documentary) | FRONTLINE

FRONTLINE investigates why Wall Street’s leaders escaped prosecution for any fraud related to the sale of bad mortgages. (Aired 2013)

Are Wall Street executives “too big to jail”? In the 2013 documentary, “The Untouchables,” producer and correspondent Martin Smith (“Money, Power, and Wall Street”) investigates why the U.S. Department of Justice failed to act on credible evidence that Wall Street knowingly packaged and sold toxic mortgage loans to investors, loans that brought the U.S. and world economies to the brink of collapse. Through interviews with top prosecutors, government officials and industry whistleblowers, FRONTLINE reports allegations that Wall Street bankers ignored pervasive fraud when buying pools of mortgage loans.

#Documentary #WallStreet

Funding for FRONTLINE is provided through the support of PBS viewers and by the Corporation for Public Broadcasting. Major funding for FRONTLINE is provided by the Abrams Foundation; the John D. and Catherine T. MacArthur Foundation; Park Foundation; and the FRONTLINE Journalism Fund with major support from Jon and Jo Ann Hagler on behalf of the Jon L. Hagler Foundation, and additional support from Koo and Patricia Yuen.

[repeatitwithme]

Hyper rich stealing and avoiding prison or not even losing their job is a slap in the face to the true working class of the world

[ohlordy]

The fact that we get free documentaries on YouTube by FRONTLINE is truly a gift. 👍 👍 👍

[hagakuru]

Sad thing is that the DOJ didn't make one single indictment to ALLOW A JURY to decide if these monsters were indeed criminals. He took it on himself to be the judge AND jury and decided not to even bring ONE SINGLE person to be prosecuted.

[jackflackk]

Frontline journalism is some of the best. These documentary's are always interesting and keep you locked in throughout the drama. Thank you Frontline for years of great entertainment.

[rabidbigdog]

Martin Smith and the Frontline team have been leaders in financial investigative journalism for decades. Thank you both.

[adonisvan]

It is sad to see this was aired in 2013 and still nothing has changed

[HobbyOrganist]

This is why MY priority when I bought my house was to pay off the mortgage ASAP, the first year I paid two coupons each month to be a year ahead after a year. Every time I got extra money, bonus etc I specifically put it on the principal of the loan, and I made extra payments every month, that was how I paid off a 10 year mortgage in 4-1/2 in 2004 and since then owned my house outright with no bank, loan or any other BS over my head.
I was homeless once for a few weeks in the late 80s, I vowed that would never happen again- no more landlords or anyone holding power over my HOME!
I did not buy big screen tv's, new furniture, ride-on lawn mowers, a new car, trip to Europe, I put all my money on the MORTGAGE first, I bought a used car, a used push mower and I didn't care if the mortgage interest was as low as it was and that I could have made interest on the money instead, I wanted it PAID OFF 100% ASAP.. I saved a LOT of interest paying off a 10 year loan in 4-1/2, I made SURE before I got the mortgage that it had NO pre-payment penalty or balloon payments, and then signed for it.

[dralfred]

The most important thing that should be on everyone mind currently should be to invest in different sources of income that doesn't depend on the government. Especially with the current economic crisis around the word. This is still a good time to invest in various stocks, Gold, silver and digital currencies.

[sharonpearson]

My parents lost 70% of their retirement People that had no part in this were devastated and the bonuses those executives got. WTF. Travesty of Justice

[fluxcapacitor]

If you want to commit crimes without being held accountable, give shareholders a cut. Corporations are the new crime families.

[igorschmidlapp]

Best quote I heard:

"Too big to fail, too big to jail..."

[popsarah]

Investing in alternate income streams should be the top priority for everyone right now especially given the global economic crisis we are currently experiencing, Stocks, gold, silver, and virtual currencies are still attractive investments at the moment.

[wickedphantm]

A family friend of ours was an underwriter for Countrywide and when she tried to speak up about people being approved for loans they couldn't possibly afford, she was told in no uncertain terms to sit down and shut up and not interrupt the revenue.

[silverXnoise]

Ted Kaufman is an object lesson in why direct corporate campaign contributions and lobbying should be illegal. Yes, banks and large corporations deserve a voice—but we clearly are living in a system where their voice is so insanely outsized that not even objective truth can get a word in edgewise.

[ttonieesopinion]

Criminals on Wall Street need to be held accountable! Period!

[jeff-hhmc]

“Due diligence officer. My job was to stamp forms and nothing more.”

😂😂😂

[BillStreets_]

I thought this was new until I heard the narrator say "4 years ago in 2008". Frontline you got me🤣excellent work as always💪

[ap]

As always great quality journalism by PBS. This basically highlights that Justice is not equal for all; never has been. Wealth creates power, that same power writes the laws all others live by. Greed has been driving middle class into the poverty line for decades.

[claresmithy]

Jobs will pay your bills business will make you rich but investment makes and you keep you wealthy the future is inevitable, I pray everyone here becomes successful

[figonura]

When it comes to the world of
investing, most people don't know where to
start.Fortunately, great investors of the past
and present can provide us with guidance...