Friday, November 22, 2013

13 Billion - Frontline

from pbs





It's the largest penalty ever levied against any company.

On Tuesday, JPMorgan agreed to pay a $13 billion civil penalty for selling risky mortgage products in the run-up to the financial crisis.

But how does the fine stack up to the bank's profits?

And, five years after the meltdown, why hasn't a single Wall Street executive faced criminal charges for selling those "toxic assets"? Are they "too big to jail"?

This weekend, watch The Untouchables, our January 2013 investigation into how Wall Street's leaders have continued to avoid prosecution.

It's one of the more than 150 films streaming for free on 
FRONTLINE's website.

***

Connect with FRONTLINE
   
Never miss another FRONTLINE:
Text 
FRONTLINE to 617.300.0810, and we'll let you know when FRONTLINE airs next. 

No comments:

Post a Comment