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Masters in Business

Jesse Eisinger on Why White-Collar Criminals Get Off

Masters in Business

Bloomberg

Investing, Entrepreneurship, Business

4.42.2K Ratings

🗓️ 23 July 2017

⏱️ 65 minutes

🧾️ Download transcript

Summary

Jesse Eisinger on Why White-Collar Criminals Get Off

Transcript

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0:00.0

This episode is brought to you by Acre Trader Financial LLC, the Farmland Investing Platform.

0:06.8

Did you know that Farmland is a real asset with historically low volatility during times of financial stress?

0:13.2

Visit Acre Trader.com slash masters for a free guide to Farmland Investing.

0:19.2

Join Bloomberg Live on June 22 for the Bloomberg Technology Summit in San Francisco,

0:24.0

as the biggest names in tech discuss the biggest stories in business technology and society today.

0:29.8

Speakers include Sam Altman, OpenAI, Jason Citron, Discord, Dr. Colleen, Cutlet and

0:36.2

Halle Berry, Pendulum Therapeutics, and London breed Mayor of San Francisco, presenting sponsors

0:42.4

Croment Surprise and Tonumus, register at Bloomberglive.com slash Bloomberg Tech slash radio.

0:49.0

Masters in Businesses brought to you by the American Arbitration Association.

0:52.9

Business disputes are inevitable, resolve faster with the American Arbitration Association,

0:58.2

the global leader in alternative dispute resolution for over 90 years.

1:03.0

Learn more at ADR.org.

1:08.4

This is Masters in Business with Barry Rittoltz on Bloomberg Radio.

1:15.6

This week on the podcast, I bring an old friend into the studio. His name is Jesse Eisenger.

1:20.5

He has worked pretty much everywhere in the world of financial journalism.

1:26.5

If you are at all curious as to why during the worst financial crisis,

1:32.8

since the Great Depression, effectively nobody was sent to jail, at least nobody of any

1:39.2

importance. A couple of burger flippers who were hired to fabricate mortgage documents were

1:47.6

threatened with prosecution. A handful of mid-level traders, the fabulous fab got a finger wagged at

1:55.1

him and paid a fine. But all of the people responsible for an epic collapse in the financial

2:03.3

markets and the credit markets escaped unscathed. If you're curious as to how that came about,

2:10.2

then you need to hear Jesse Eisenger's story. He is a very thoughtful investigative journalist,

...

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