BTL: After Years of Inaction, Obama Moves to Investigate Wall Street Role in Economic Coll

After Years of Inaction, Obama Moves to Investigate Wall Street Role in Economic Collapse

Interview with Richard Eskow, senior fellow at the group Campaign for America’s Future, conducted by Scott Harris

The film, "Inside Job," which investigated the causes of the U.S. and global economic meltdown. won the Academy Award for best documentary film in 2011. Upon accepting his Oscar at the awards ceremony, the film's director, Charles Ferguson, decried the fact that three years after the financial crisis caused by financial fraud, not a single financial executive had gone to jail. Nearly a year later, and five months after the birth of the Occupy Wall Street movement, President Barack Obama announced in his January State of the Union address that he was appointing New York State Attorney General Eric Schneiderman as one of five co-chairs of a new Justice Department task force to investigate mortgage fraud by big banks and financial institutions that played a central role in the economic collapse.

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