Cenk Uygur
@TheYoungTurks·6.5M subscribers·72.8K videos
Wall Street Wins Again - Fraud Totally Unchecked
Posted
February 23, 2013
Views
23,295
Likes
829
Comments
238
Engagement
4.58%
February 23, 2013
23,295
829
238
4.58%
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4:37Now Playing"A year ago, President Obama gestured toward the first lady's box at the State of the Union address at Eric Schneiderman, the attorney general of New York. Schneiderman had just agreed to co-chair the Residential Mortgage-Backed Securities working group, an initiative between state and federal law enforcement officials and bank regulators, designed to investigate and prosecute fraudulent Wall Street activity that led to both the creation of the housing bubble and its collapse. In exchange, Schneiderman dropped his objections to a settlement over some of the banks' fraudulent post-crash activity, particularly around fraud in foreclosure processing."*
Eric Schneiderman was tasked with investigating and prosecuting fraudulent Wall Street activity that led to both the creation of the housing bubble and its collapse. Did he? Absolutely not. What happened, and what did Wall Street get away with this time? Cenk Uygur breaks it down.
*Read more from Salon
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