Danny Schechter - ColdType

More documents

Recommendations

Info

“Danny ranges wide over the political and cultural landscape, pointing fingers, naming names and holding no sacred cows in his quest to determine what went wrong with our economy and who was responsible. His work is the antidote to to a biased, compromised and sclerotic mainstream media.” – Aaron Krowne, editor of Ml-implode and related websites on the mortgage and banking crisis. “With The Crime of Our Time, Danny Schechter has made himself the clean-up hitter in the line-up of investigative journalists. He has continued his pioneering work on how the actual existing real world of capitalism works – not the fairy tale version that dominates solitical and media discourse. This book is truly revelatory and must reading for anyone trying to understand the financial currents that have run the economy into the ditch. With The Crime of Our Time, Danny Schechter has smashed the ball 500 feet over the centerfield fence. Robert W. McChesney, co-author, The Death and Life of American Journalism
Page 1 and 2: “[This] may well turn out to be g
Page 4 and 5: Comments on The Crime of Our Time
Page 8 and 9: THE CRIME OF OUR TIME WaS the econo
Page 10: For Those Who Saw, Anticipated, Kne
Page 13 and 14: x CHAPTER 10: Witnesses For The Pro
Page 15 and 16: xii But he also prosecuted Richard
Page 17 and 18: xiv Sadly, the days of the great ga
Page 19 and 20: xvi Clueless experts, clueless news
Page 22 and 23: ProLoGUe xix In July of 2009, Presi
Page 24 and 25: According to exhaustive studies by
Page 26 and 27: xxiii compelling case that would st
Page 28 and 29: xxv The case made in these pages wh
Page 30 and 31: worse was not taken seriously in po
Page 32 and 33: xxix against the walls of exclusion
Page 34 and 35: INTRODuCTION oUr tIMe anD fInanCIaL
Page 36 and 37: xxxiii ing defrauded our hard worki
Page 38 and 39: The scam involved 10 people fraudul
Page 40 and 41: xxxvii ing and loan crisis in the 1
Page 42 and 43: xxxix is, we call it leverage. That
Page 44 and 45: worldwide) to move money instantly
Page 46 and 47: xliii From Duer [an early American
Page 48 and 49: xlv ey stashed in the UBS bank. A U
Page 50 and 51: xlvii ket for credit default swaps
Page 52 and 53: xlix victims. Financial crimes, des
Page 54 and 55: to the white-collar criminal. In ef
Page 56 and 57:
word to Baker’s book on the crisi
Page 58:
the values enunciated by the founde
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
Page 104 and 105:
45 artists will do anything to keep
Page 106 and 107:
e prosecuted for being stupid. So a
Page 108 and 109:
CHAPTER 5 THE criME AT THE HEArT OF
Page 110:
51 offenders themselves are not alw
Page 113 and 114:
54 reflects woefully bad disclosure
Page 115 and 116:
56 in residential real estate, whic
Page 117 and 118:
58 and the people who commit it. Bu
Page 119 and 120:
60 What questions does the commissi
Page 121 and 122:
62 would do that without a lot of o
Page 123 and 124:
64 revenues. That’s the division,
Page 125 and 126:
66 ous investigation of Goldman? Pr
Page 127 and 128:
68 these high-cost loans represente
Page 129 and 130:
70 Later, the FBI would cite massiv
Page 131 and 132:
72 (a) False accounting entries; (b
Page 133 and 134:
74 financial crisis. A surprising o
Page 135 and 136:
76 Short-Sale Schemes: Short-sale s
Page 137 and 138:
78 The horrendous damage done to in
Page 139 and 140:
80 their agreed-upon return without
Page 142 and 143:
CHAPTER 9 THE VicTiMs ArE EVErYwHEr
Page 144 and 145:
85 one point it perforates the whol
Page 146 and 147:
CHAPTER 10 wiTNEssEs FOr THE prOsEc
Page 148:
The first ingredient of the crisis
Page 151 and 152:
92 “The biggest crime on the Amer
Page 153 and 154:
94 Pons. “The second period (secu
Page 155 and 156:
96 lying anyone, including their ow
Page 157 and 158:
98 ed on the White Collar crime blo
Page 159 and 160:
100 There are more cases than I can
Page 161 and 162:
102 how this worked: “Well, if yo
Page 163 and 164:
104 frankly, the product of conflic
Page 166 and 167:
CHAPTER 13 CO-CONSPIRATORS: THE ROL
Page 168 and 169:
109 coming. He noted, “It’s an
Page 170 and 171:
111 problem,’ words he ended up e
Page 172 and 173:
113 lions and now are writing it al
Page 174 and 175:
115 cial journalists should be more
Page 176 and 177:
CHAPTER 14 WARNINGS IGNORED 117 It
Page 178 and 179:
119 Congress that this should be se
Page 180 and 181:
pening wrong? That you won’t, tha
Page 182:
123 debts that had been accumulated
Page 185 and 186:
126 Much of the media missed the ev
Page 187 and 188:
128 learned that when I spoke at le
Page 189 and 190:
130 WEDNESDAY, MARCH 12 - BEAR SHAR
Page 191 and 192:
132 share price. They were betting
Page 193 and 194:
134 Bamber reveals that it was not
Page 195 and 196:
136 stature and this whatever was g
Page 197 and 198:
138 That is just one of many good q
Page 200 and 201:
CHAPTER 16 THE LEHMAN LIQUIDATION 1
Page 202 and 203:
143 Alan Blinder, a former Federal
Page 204 and 205:
145 the failure of Lehman Brothers
Page 206 and 207:
147 Housing Bubble blog, http://www
Page 208 and 209:
149 tual 150 billion dollars for th
Page 210 and 211:
151 worse. The Business and Media i
Page 212 and 213:
CHAPTER 17 ARE OUR MARKETS MANIPULA
Page 214 and 215:
155 2007. Stefano Battiston and Jam
Page 216 and 217:
(1) the major issues raised by the
Page 218 and 219:
159 who ran the War for the Iraqi F
Page 220 and 221:
161 a former Working Group staff me
Page 222 and 223:
“The bank has raised the possibil
Page 224 and 225:
165 Democratic Congresswoman Marci
Page 226:
didn’t ask what was going on - th
Page 229 and 230:
170 morality confrontation that he
Page 231 and 232:
172 One sex website noted, “It’
Page 233 and 234:
174 “A lot of people skate on the
Page 236 and 237:
CHAPTER 19 THE ROLE OF REGULATORS A
Page 238 and 239:
179 islation that the panel helped
Page 240 and 241:
181 cans were betrayed, and we are
Page 242 and 243:
10. Fannie Mae and Freddie Mac expa
Page 244 and 245:
185 lobbying: GM ($50.4 billion in
Page 246 and 247:
187 executives are Obama’s bundle
Page 248 and 249:
189 Guantanamo torturers and the hi
Page 250 and 251:
191 with other people’s money. Th
Page 252 and 253:
CHAPTER 20 JUDGMENT DAY 193 Just as
Page 254 and 255:
195 ing plunder of resources is if
Page 256 and 257:
197 dent regulatory body must prote
Page 258 and 259:
199 products are supposed to. Even
Page 260 and 261:
201 could have gotten together and
Page 262 and 263:
203 tem are saying there was “no
Page 264 and 265:
US President Barack Obama spoke of
Page 266 and 267:
207 Plunder: the Crime of Our Time,
Page 268 and 269:
EPILOGUE 209 I began this book with
Page 270 and 271:
THE AUTHOR Danny SchEchtEr News Dis
Page 272 and 273:
Other Works by the author BOOkS 200
Page 274:
1979 Producer, The Joe Oteri Show (
show all

Danny Schechter - ColdType

Create successful ePaper yourself

Delete template?

Save as template?