Danny Schechter, popularly dubbed “The News Dissector,” died earlier this year. He had an illustrious career in journalism and went on to become one of New York’s higher profile political activists. A regular blogger for disinformation, he also wrote the book “The Crime of our Time,” about the largely unprosecuted series of white collar crimes that led to the financial crisis of 2008 that Danny had presciently forecast in his film In Debt We Trust. Remembering Danny, here he joins and becomes a big part of the March on Wall Street.
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It’s a hard-hitting investigation that shows how the financial crisis was built on a foundation of criminal activity.
To tell this story, Schechter speaks with bankers involved in these activities, respected economists, insider experts, top journalists including Paul Krugman, and even a convicted white-collar criminal, Sam Antar, who blows the whistle on intentionally dishonest practices.
The Crime of our Time looks into how the crisis developed, from the mysterious collapse of Bear Stearns to the self-described “shitty deals” of Goldman Sachs. Schechter calls for a full criminal investigation and structural reforms of financial institutions to insure accountability by the white-collar perpetrators who profited from the misery of their victims.
“Schechter goes right for the jugular in this rich and informative analysis of the financial crisis and its roots. Not errors, accident, market uncertainties, and so on, but crime: major and serious crime. A harsh judgment, but it’s not easy to dismiss the case that he constructs.” –Noam Chomsky
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