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“[This] may well turn out to be g
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Comments on The Crime of Our Time
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“Danny ranges wide over the polit
- Page 9 and 10: THE CRIME OF OUR TIME WaS the econo
- Page 12 and 13: Contents Preface By Larry Beinhart,
- Page 14 and 15: PrefaCe By Larry Beinhart Dear Pros
- Page 16 and 17: Boesky accepted a plea bargain. Thr
- Page 18 and 19: MUsICaL PrefaCe/ soUnD traCK Plunde
- Page 20: “Denial is the refusal to acknowl
- Page 23 and 24: xx lies losing their homes. After a
- Page 25 and 26: xxii analysis. There may be journo-
- Page 27 and 28: xxiv “The investigation is the la
- Page 29 and 30: xxvi then so clearly an economic bo
- Page 31 and 32: xxviii I was well aware of all the
- Page 33 and 34: xxx Special thanks to ColdType.net
- Page 35 and 36: xxxii offs have taken a heavy toll
- Page 37 and 38: xxxiv of failures were cited - a fa
- Page 39 and 40: xxxvi borrowers would not be able t
- Page 41 and 42: xxxviii any illusion that public or
- Page 43 and 44: xl eclipses the S&L debacle in term
- Page 45 and 46: xlii The requirement of a liquid fi
- Page 47 and 48: xliv • This environment was enabl
- Page 49 and 50: xlvi fundraiser, “This is an impr
- Page 51 and 52: xlviii But there were many who saw
- Page 53 and 54: l Commenting in the Atlantic magazi
- Page 55 and 56: lii white-collar criminals build ar
- Page 57: liv wrong doers are to be brought t
- Page 61 and 62: 2 His phrase was “indeed, crimina
- Page 63 and 64: 4 Finally, “M Day,” July 30, 20
- Page 65 and 66: 6 mass media has focused on, thereb
- Page 67 and 68: 8 The list of victims even included
- Page 69 and 70: 10 nal even though his actual opera
- Page 71 and 72: 12 For years Madoff remained in the
- Page 73 and 74: 14 I said, “I’m making a film i
- Page 75 and 76: 16 When an investigator is a good a
- Page 77 and 78: 18 A debate about Madoff ’s own p
- Page 79 and 80: 20 larger financial crime wave that
- Page 81 and 82: 22 “Already at this stage it is p
- Page 83 and 84: 24 Many of the experts the magazine
- Page 85 and 86: 26 Writing in the New York Times, F
- Page 88 and 89: CHAPTER 2 THE wHiTE-cOllAr prisON g
- Page 90 and 91: CHAPTER 3 THE criMEs OF wAll sTrEET
- Page 92 and 93: 33 David Russell who worked on Wall
- Page 94 and 95: 35 package of financial reforms and
- Page 96 and 97: 37 of regulation, not criminality.
- Page 98 and 99: 39 way: “When we think of regular
- Page 100 and 101: no one close to me with whom I coul
- Page 102 and 103: CHAPTER 4 THE criMiNAl MiND 43 In t
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CHAPTER 5 THE criME AT THE HEArT OF
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51 offenders themselves are not alw
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54 reflects woefully bad disclosure
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56 in residential real estate, whic
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58 and the people who commit it. Bu
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60 What questions does the commissi
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62 would do that without a lot of o
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64 revenues. That’s the division,
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66 ous investigation of Goldman? Pr
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68 these high-cost loans represente
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70 Later, the FBI would cite massiv
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72 (a) False accounting entries; (b
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74 financial crisis. A surprising o
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76 Short-Sale Schemes: Short-sale s
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78 The horrendous damage done to in
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80 their agreed-upon return without
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CHAPTER 9 THE VicTiMs ArE EVErYwHEr
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85 one point it perforates the whol
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CHAPTER 10 wiTNEssEs FOr THE prOsEc
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The first ingredient of the crisis
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92 “The biggest crime on the Amer
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94 Pons. “The second period (secu
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96 lying anyone, including their ow
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98 ed on the White Collar crime blo
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100 There are more cases than I can
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102 how this worked: “Well, if yo
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104 frankly, the product of conflic
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CHAPTER 13 CO-CONSPIRATORS: THE ROL
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109 coming. He noted, “It’s an
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111 problem,’ words he ended up e
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113 lions and now are writing it al
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115 cial journalists should be more
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CHAPTER 14 WARNINGS IGNORED 117 It
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119 Congress that this should be se
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pening wrong? That you won’t, tha
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123 debts that had been accumulated
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126 Much of the media missed the ev
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128 learned that when I spoke at le
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130 WEDNESDAY, MARCH 12 - BEAR SHAR
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132 share price. They were betting
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134 Bamber reveals that it was not
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136 stature and this whatever was g
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138 That is just one of many good q
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CHAPTER 16 THE LEHMAN LIQUIDATION 1
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143 Alan Blinder, a former Federal
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145 the failure of Lehman Brothers
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147 Housing Bubble blog, http://www
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149 tual 150 billion dollars for th
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151 worse. The Business and Media i
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CHAPTER 17 ARE OUR MARKETS MANIPULA
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155 2007. Stefano Battiston and Jam
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(1) the major issues raised by the
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159 who ran the War for the Iraqi F
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161 a former Working Group staff me
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“The bank has raised the possibil
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165 Democratic Congresswoman Marci
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didn’t ask what was going on - th
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170 morality confrontation that he
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172 One sex website noted, “It’
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174 “A lot of people skate on the
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CHAPTER 19 THE ROLE OF REGULATORS A
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179 islation that the panel helped
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181 cans were betrayed, and we are
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10. Fannie Mae and Freddie Mac expa
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185 lobbying: GM ($50.4 billion in
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187 executives are Obama’s bundle
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189 Guantanamo torturers and the hi
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191 with other people’s money. Th
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CHAPTER 20 JUDGMENT DAY 193 Just as
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195 ing plunder of resources is if
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197 dent regulatory body must prote
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199 products are supposed to. Even
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201 could have gotten together and
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203 tem are saying there was “no
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US President Barack Obama spoke of
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207 Plunder: the Crime of Our Time,
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EPILOGUE 209 I began this book with
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THE AUTHOR Danny SchEchtEr News Dis
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Other Works by the author BOOkS 200
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1979 Producer, The Joe Oteri Show (