Monday, April 23, 2012

Lehman Brothers and the U.S. Department of InJustice

60 Minutes aired what is likely to be the last segment on the global mortgage meltdown and how the U.S. Department of Justice has essentially given the key players a "Get out of Jail Free" card. The latest segment focuses on the Lehman bankruptcy and the fraud involved in that case. Steve Kroft of 60 Minutes says that he has given up hope that the Department of Justice or the SEC will bring any charges against the key players. He says that he is "astounded" that the government has failed to bring cases against the key individuals. In the main video...
 Steve Kroft interviews the Bankruptcy Examiner in the Lehman case, Anton Valukas', to get his view of things. The videos are well worth the time to watch including the 14 minutes of the main video as well as the 60 Minutes Overtime video where Kroft and others are interviewed about all the coverage 60 Minutes devoted to the mortgage meltdown and how the U.S. Government has dropped the ball in this case. I highly recommend watching the videos. Here are the links:

Here is a link to the main video (about 14 minutes):

Here is a link to the 60 Minutes Overtime video (about 6 minutes):

1 comment:

  1. Don't give up Steve Kroft, don't be like the justice deparment, hold them to the fire & turn it up!