S2 E13: Ferdinand Pecora Where Are You Now?
Musical content License Number: CQXEULN7SXMY4GHT
Season2:E13 of The New Untouchables: The Pecora Files
This series is an up-close-and-personal account of the heroes introduced by Eric Vaughan and Patrick Lovell’s “The Con” which took a simple but revolutionary approach to explain the epidemics of elite fraud driving the great financial crisis of 2007-2008 and continuing today.
If you’ve ever wondered why this series bears the name of Ferdinand Pecora, watching this episode will leave no doubt in your mind. Patrick Lovell, Eric Vaughan, and Steve Grumbine talk with Michael Perino, author of “The Hell Hound of Wall Street,” the story of Ferdinand Pecora’s investigation into Wall Street in 1933 that led to Glass-Steagall, the Securities and Exchange Commision, and the 1933 SEC Act that was created to prevent Wall Street from selling fraudulent securities that, as it turned-out, wiped-out America and the world and led to World War II.
The Great Depression was raging. America was in deep pain and despair. There was 25% unemployment and “Hoovervilles” existed all over America, not too dissimilar to the homelessness that pervades America today. Hoover was on his way out. FDR was coming in but not yet inaugurated. Enter one of the most important yet unknown periods in American history. An Italian immigrant from Sicily made his way to the law profession by way of putting himself through college, taking care of his siblings, while WASP elites turned their noses up at his plight. An amazing turn of events led to Pecora’s elevation to investigate Wall Street when he got the opportunity to dig deep into the closet of treachery to reveal to the world exactly how criminal and deceptive behavior led to such misery.
The Pecora hearings where a media sensation as the plucky Italian immigrant closed the noose around then Citibank Chaiman, “Sunshine” Charlie Mitchell who was engaged in insider trading, Ponzi-scheming, racketeering, shorting, and tax
1933 US Financial Meltdown
#History demonstrates sound #regulations were possible and Congress could act. Is another Ferdinand #Pecora on the horizon? Watch this episode of @UntouchablesNew Sunday, Oct. 3 at 8 pm ET right here: https://youtu.be/xcRyORkMsCI
S2 E12 Populism Saved Us Before. Where is it Now?
Season 2 Episode 12 of The New Untouchables: The Pecora Files
Musical content License Number: CQXEULN7SXMY4GHT
This series is an up-close-and-personal account of the heroes introduced by Eric Vaughan and Patrick Lovell’s “The Con” which took a simple but revolutionary approach to explain the epidemics of elite fraud driving the great financial crisis of 2007-2008 and continuing today.
Thomas Frank is one of the most prolific authors and experts in the American experiment/experience existing today. His prescient work consists of “What’s the Matter with Kansas” to “Listen Liberal” to “The People, No.” The sum of Frank’s profound revelations is to fill in the blanks how a massive dystopia undergirded by the enormity of an economy and government predicated on a Meritocracy enveloped in its own deception happened and how. The picture is made plain by a midwestern ethic that understood the pragmatism of the farmers and laborers of the period who were enveloped in Populism and became the FDR Generation saving America and the world from itself by beating back the monopolization and criminality that preceded it.
The quiet courage of pragmatism prompted the Greatest Generation to make the crooked places straight and for once in history, gave birth to a movement that championed a country Of, By, and For the People, at least the white people. If it weren’t for the populism of that era manifested behind the labor movement and women’s suffrage alongside Muckrakers, the moment of Teddy Roosevelt’s Trust Busting would have never come to be. Same can be said of FDR’s post-Depression reset. Same with the Civil Rights era and now same for this moment.
Join Steve, Eric, and Patrick as they join Thomas Frank to discuss how a populism movement can rise to the challenge now, considering all the wrongs we have and continue to reveal.
For more information and extras about The New Untouchables, visit our website https://realprogressives.org/n
The Populous Must Refocus
Many are caught up in ‘culture war’ narratives & drown out legitimate questions society could be asking & answering. How do we begin to refocus the chatter & finally stop systemic fraud from destroying lives today? TNU S2E12 - Sun 9/26, 8 pm ET Populism Saved Us Before. Where is it Now? https://youtu.be/Mw9yzZP4uWQ
Thomas Frank The Con Patrick S. Lovell Eric S. Vaughan
#Elite #Fraud #whitecollarcrime
Deregulation? Who's cashing in? 8pm ET 9/19, TONIGHT! https://youtu.be/4_mEQ_RvTWM
with Patrick S. Lovell, Dennis Kucinich, Eric S. Vaughan & Steven D Grumbine S2E11 - Systemic Corruption is the Point #Money #Scam #Fraud
Thieves in Expensive Suit are Still Criminals
Here are more reasons why these predators go unpunished. White-collar crime destroys lives. The newest episode "Ignore at Your Own Peril" comes out 9/5/2021 at 8 pm ET - that's tonight, right here..
Set your reminder!
"Printing mortgages?" What???
Watch here: https://youtu.be/nHgLrHabk88
Season 2 of The New Untouchables: The Pecora Files
#Fraud #Corruption
S2:E4 The Walls Caved In
The New Untouchables: The Pecora Files
This series is an up-close-and-personal account of the heroes introduced by Eric Vaughan and Patrick Lovell’s “The Con” which took a simple but revolutionary approach to explain the epidemics of elite fraud driving the great financial crisis of 2007-2008.
Who caused the 2008 great financial crisis? What was the continuing aftermath for real people targeted by the predators?
Ilene Goldstein and her disabled husband were victims of calculated lies and fraud. After two years of losing equity in their home, paying on a loan fraught with everything the Goldstein’s did not sign up for but were duped into, Ilene reached a breaking point and attempted suicide.
Steve Grumbine, Patrick Lovell, and Eric Vaughan speak with Ilene Goldstein, a real estate agent, whose husband had been a Wall Street stockbroker before his disability, thought they were somewhat sophisticated in financial matters, but discovered the deceit and fraud was overwhelming. This is not a victimless crime in any way, shape, or form. Government officials are the wolves right now preying on unwitting victims. Today, more than 13 years after this horror began, Ilene has no idea to whom payments should be made, what amount is owed, and what is a payoff amount. The lies continue, yet Ilene’s words to everyone are “keep fighting” no matter what roadblocks are put before you. Look at people as human beings
For more information and extras about The New Untouchables, visit our website https://realprogressives.org/new-untouchables/
We bring this truth to weaponize everyone and to build a movement to purge the corruption before us, the message those in power don’t want anyone to see. Watch, share, ACT!
Musical content License Number: CQXEULN7SXMY4GHT
Monday, June 21 at 2 pm EDT - The New Untouchables: The Pecora Files
Premiere of Season 2 Sunday, June 27 at 8 pm EDT on Real Progressives Platforms
#Corruption #WhereIsJustice
