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FRONTLINE: Film Audio Track | PBS

The Untouchables

FRONTLINE: Film Audio Track | PBS

FRONTLINE

Pbs, Tv & Film, Wgbh, Documentaries, Frontline

4.82.3K Ratings

🗓️ 11 February 2013

⏱️ 56 minutes

🧾️ Download transcript

Summary

An audio version of FRONTLINE's documentary "The Untouchables" airing January 22 2013 on PBS and available for viewing online at pbs.org/frontline. FRONTLINE producer and correspondent Martin Smith investigates why the U.S. Department of Justice (DOJ) has failed to act on credible evidence that Wall Street knowingly packaged and sold toxic mortgage loans to investors, loans that brought the U.S. and world economies to the brink of collapse. Through interviews with prosecutors, government officials and industry whistleblowers, the film raises questions over whether senior bankers either ignored or contributed to fraud while inflating the bubble through the purchase and securitization of loans.

Transcript

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0:00.0

This is an audio cast of the Frontline Program, The Untouchables, broadcast January 22nd on PBS.

0:07.0

The correspondent is Martin Smith.

0:10.0

Today.

0:26.0

Fraud and potential criminal conduct were at the heart of the financial crisis.

0:30.0

More than four years later, no one going to jail, no individual was being held accountable.

0:35.0

This is totally about what went on in Wall Street.

0:38.0

Frontline investigates why no Wall Street executives have gone to jail.

0:42.0

The FBI wasn't aiming high enough.

0:44.0

There was a definite sense that justice backed off.

0:46.0

Did the government fail?

0:48.0

The number people told us that you didn't make this a top priority.

0:52.0

Well, I'm sorry if they think that because I made it an incredibly top priority.

0:56.0

So you're telling me that not one executive on Wall Street committed provable fraud?

1:01.0

I mean, I just don't believe that.

1:03.0

Tonight on Frontline, The Untouchables.

1:09.0

Frontline is made possible by contributions to your PBS station from viewers like you.

1:20.0

Thank you.

1:22.0

And by the Corporation for Public Broadcasting.

1:26.0

Major support for Frontline is provided by the John D. and Catherine T. MacArthur Foundation,

1:32.0

committed to building a more just, vertent, and peaceful world.

1:36.0

More information is available at Macfound.org.

1:41.0

Additional funding is provided by the Park Foundation, dedicated to heightening public awareness of critical issues.

...

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