Tag Archives | Danny Schechter

Join Us for the Premiere of Danny Schechter’s ‘Plunder’

If you're in the New York metro area for this event (details below), join us by RSVPing to plunder [at] disinfo.com. Otherwise, please help us spread the word on Danny Schechter's new film, Plunder: The Crime of our Time, now available on iTunes and DVD.

Aldon O. James, Jr., The President of The National Arts Club, Globalvision Inc. and The Disinformation Company cordially invite

You and a Guest To The Premiere Screening Of Danny Schechter's New Investigative Film Exposing the Financial Crisis as A Crime Story

PLUNDER: THE CRIME OF OUR TIME (APRIL 29, 2010)

In March of this year, a national poll found that despite all the partisan political polarization, 82% of the American people want a "crackdown on Wall Street." Yet to date, a handful of white collar criminals have been prosecuted and jailed for causing the worst financial crisis since The Great Depression. The film, Plunder: The Crime of our Time is being released in April by The Disinformation Company and will be available on cable systems' Video-On-Demand, on DVD and via iTunes. It is the first documentary feature to treat the financial crisis as a crime story. The hard-hitting film features testimony by Wall Street bankers, economists, a convicted white collar criminal, real estate brokers and victims of mortgage scams. It explains how an estimated $197 trillion disappeared because of elaborate and sophisticated financial frauds. Plunder also indicts the media for not warning us or investigating the crisis in a timely way.
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As The Crisis Deepens, More Attention is Being Paid To Financial Fraud

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The “F Word” (for fraud) is back in polite conversation on Wall Street. Fraud and financial crime are slowly becoming part of the debate over what must be done to restore confidence in what has so plainly been a confidence game.

Drilling for oil has knocked financial reform out of the headlines but among commentators, a concern with crime and the absence of punishment is being raised again.

First there was Robert Reich, the former Clinton Labor Secretary, a small man with a large and insistent voice. He’s practically spitting because he’s so pissed off with the inaction, asking where has the SEC been—not the Bush SEC which blew the Madoff probe but the Obama appointees:

“It’s now clear Lehman Brothers’ balance sheet was bogus before the bank collapsed in 2008, catapulting the Street and the world into the worse financial crisis since 1929. The Lehman bankruptcy examiner’s recent report details what just about everyone on the Street has known since the firm imploded—that Lehman defrauded its investors.… Read the rest

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Fears of A Second Crash Are Real: Congress Lacks The Appetite for Action…

plunder_art_dvdWhat will it take? What are they waiting for? What part of the reality of a systemic crisis that will get worse don’t they get? How is it possible that after near three years of economic turmoil, with possibly hundreds of TRILLIONs down the rabbit hole — not that anyone is counting or apparently can count — that the geniuses who run our economy still don’t “get” that the sh*t has already hit the fan? How many more jobs and homes have to be lost? Michael Moore is not the only one predicting a second crash. Paul Krugman is all out words excoriating the Administration for its tepidness. Nouriel Roubini, who forecast the first meltdown, now says we are in serious danger of a “double-dip,” a lethal combo of rising inflation and deeper recession. Woe to us if we can’t see the handwriting on so many walls. The people in the know know that nothing has been fixed, know that all the stimuli have barely stimulated, that the new jobs bill will never generate the number of jobs that are needed, and that the banks have obscenely been raking in oodles of money thanks to all the financing taxpayers pumped into their coffers. Even as the Obamaites finally get around to proposing a measure to break up the big banks and erode the notion of financial institutions being too big to fail, we have the New York Times telling us that Congress does not have the “appetite” — that’s the word they use — to tackle even modest financial reforms.
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Danny Schechter: Bungled Aid Hurts More Than It Helps

"Knock, knock journalists? Many of you have done a great and compassionate job of documenting this tragedy and showing the pain of the victims. Now let's investigate how and why this relief operation imploded and became worse than Katrina. Who is responsible and who should be held accountable? Why can?t we have more international cooperation of the kind the Cubans are asking for? Why is the focus on military security--is France right that the US is acting like an occupying power? If the Haitian government isn't working, why not allow Aristide to come back and re-energize it? It is sickening to watch all this pain compounded by incompetence. The relief operation needs relief and it needs"--Danny Schechter, director of Plunder: The Crime of our Time.
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DEADLINE TODAY! — Help Fund ‘PLUNDER: The Crime Of Our Time’

DEADLINE COMING All of us become weary of the incessant pleas for funding. However, I am sick and tired of being “sick and tired” of the Banksters, the funding of their casinos, the ever increasing subjugation to the banks and Wall Street.
How about you?

Today, and today only, you can help us finish the film PLUNDER, the story of the financial crisis as a crime story but you have to do it by 5 PM EST TODAY (Jan. 20, 2010). You can be a part of this film for as little as $1.00. [Back This Project]

FAQs: How do I make a pledge?

First, enter your pledge amount and select a reward. On the next page we’ll ask you to log in or sign up with Kickstarter.com, and then we’ll send you to Amazon Payments to complete your pledge with a major credit card.

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Danny Schechter: As the Economy Slides, Time to Rein in the Banksters

Here's Plunder: The Crime of Our Time filmmaker Danny Schechter's latest article on the Huffington Post. If you'd like to contribute to Danny's effort to take down these "banksters" check our KickStarter, thanks for your support by your donation and helping to spread the word on this important film.
It's a new week, a new year, and some, erroneously believe a new decade. What's not new is the stranglehold the banks have on our economy, quietly stashing billions for more bonuses, while still restricting the flow of credit. Bad loans have been supplanted by no loans. Writers on the left continue to go after one bankster — the one we love to hate: Goldman Sachs, which has become the poster child for profiteering and even serving bad coffee in their cafeterias. Most ignore the rest of the avaricious industry which is still volatile with big pockets of insolvency and dependence of government bailout funds. While the media has recently focused on the terror threat posed in Detroit, the terrifying reality in Detroit is generally ignored. The Associated Press reports...
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Danny Schechter Dissects Wall Street Fraud: ‘Plunder: The Crime of Our Time’

“When plunder becomes a way of life for a group of men, they create for themselves in the course of time, a legal system that authorizes it, and a moral code that glorifies it.”
– Political economist Frederic Bastiat, The Law (1850)

“I used to think of Wall Street as a financial center.
I now think of it as a crime scene.”
– Filmmaker Danny Schechter, Plunder (2009)

I am an old-fashioned “follow-the-money” journalist. As I’m writing this, most economists have learned to downplay fear and panic and up-play the “resilience” of the market. It’s a belief that all we need is confidence and then, all will be right with the world. Sadly, journalism has gone along with this charade by first denying the crisis and then avoiding investigating its architects and beneficiaries.

Three years ago, by choosing to be an “investigative” journalist, I made the film In Debt We Trust, with the idea in mind that I was examining “America before the Bubble bursts” (the subtitle of that film).… Read the rest

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