PBS’ Frontline: Fraud Was . . . The F-Bomb”
Posted by Larry Doyle on January 22, 2013 7:29 PM |
I will be watching Frontline this evening on PBS as a documentary on fraud within the mortgage industry airs. This show, The Untouchables, will interview a number of mortgage due diligence underwriters.
What did they have to say? This 5-minute Frontline preview says a lot, including ….
“Fraud in the due diligence world, fraud was the F-word or the F-bomb,” said Tom Leonard. “You didn’t use that word,”
How do you spell “RACKET?”
For those who would like to view the entire 53-minute documentary, I welcome providing,
Watch The Untouchables on PBS. See more from FRONTLINE.
Watch The Untouchables on PBS. See more from FRONTLINE.
Watch The Untouchables on PBS. See more from FRONTLINE.
Watch The Untouchables on PBS. See more from FRONTLINE.
Larry Doyle
Isn’t it time or overtime to subscribe to all my work via e-mail, an RSS feed, on Twitter or Facebook.
I have no business interest with any entity referenced in this commentary. The opinions expressed are my own. I am a proponent of real transparency within our markets so that investor confidence and investor protection can be achieved.
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Need to institute in this country something akin to the old English Court of Star Chamber, the function of which was to adjudicate cases against those whose wealth and power rendered them immune to the processes of the ordinary courts.
Bill,
You piqued my interest with the reference to the Court of Star Chamber so I had to look it up. What do we learn? I find the punishments highlighted below to be of particular interest. Perhaps we might think about reinstituting some of those today. Time in the pillory (aka, the stock) sounds particularly appealing. Thanks for taking us into a corner of our landscape we had not yet navigated.