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FBI: Sequester Stops Wall Street Fraud Investigations...Which Exist?

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Published on Mar 5, 2013

"More than four years after the financial crisis, not a single Wall Street executive has been jailed for playing a role in the creation of the toxic financial products that fueled the real-estate bubble, which were in some cases designed simply to fail.

That track record may make it difficult for the Department of Justice to earn the sympathy of the public as it warns that spending cuts will hamper its ability to investigate Wall Street fraud."*

The FBI is saying that because of sequestration spending cuts, they can't investigate Wall Street fraud anymore. Were they ever doing that at all? Why have 0 bankers been convicted with fraud then? Ana Kasparian, John Iadarola (Host, TYT University), and Desi Doyen (Co-host, Green News Report) discuss.

*Read more from Huffington Post:
http://www.huffingtonpost.com/2013/03...

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