Plunder: The Crime of Our Time

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Danny Schechter (www.newsdissector.com) at hsf...

Danny Schechter (www.newsdissector.com) at hsf ISWIradio, Ilmenau, Germany, 04. June 2007 (Photo credit: Wikipedia)

www.plunderthecrimeofourtime.com

Plunder: The Crime of Our Time is a hard-hitting investigative film by Danny Schechter. The “News Dissector” explores how the financial crisis was built on a foundation of criminal activity uncovering the connection between the collapse of the housing market and the economic catastrophe that followed.

The film opens with the conviction of Ponzi King Bernie Madoff, whose acknowledged criminality drove a $65 billion dollar pyramid scheme. It argues that the wrong doing committed by a few individuals distracts from the real story, implicating the best-known institutions that financed and profited from fraudulent sub prime lending. This connection is now being investigated by the FBI as part of a probe into what it calls a “fraud epidemic.”

PLUNDER shows how these firms created special securities to repackage and resell these dubious loans after they were re-rated as Triple A. These firms then bet against many of these toxic assets with credit default swaps and other insurance scams. By leveraging these investments, they recklessly put trillions of dollars and the world economy at risk.

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via Plunder – The Crime Of Our time – Synopsis (no longer available)

Replaced video, July 10, 2019

Watch at https://www.snagfilms.com/films/title/plunder_the_crime_of_our_time

see

On the Edge with Max Kaiser: Danny Schechter on the information war

Danny Schechter on the financial crisis and Wall Street as a crime narrative

“Plunder: The Crime Of Our Time” – Danny Schechter Takes on Wall St. in New Film

Danny Schechter: Plunder, a Wall Street story

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