Wall Street is a Crime Scene, Not a Financial “Cyclical Aberration”

It’s shocking that more than 20 years after the movies “Wall Street” revealed the underlying corruption of America’s financial center, it is still difficult to get the corporate mainstream media to understand that the economic “collapse” of the last two years was a swindle and not a cyclic aberration.

Danny Schechter produced a DVD, “Plunder,” to expose “The Crime of Our Time” and wrote a companion book. He is currently sending around E-mails urging media outlets to reveal the criminal behavior behind the Wall Street fraud that nearly undid our economy, and he maintains a website to expose the Wall Street illegal casino.  But few in the corporate media will dare publicize illegal behavior that is conducted by companies that either invest in, trade in or advertise or otherwise pay for their “journalism.”

Noam Chomsky writes of “Plunder”: “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.”

One website notes that “Schechter is a veteran journalist who writes and speaks about economic and media issues. He is a multiple Emmy Award winner, having been a producer for ABC News, CNN and other major networks. His daily blog ‘News Dissector’ appears on MediaChannel.org, the website he edits, with weekly online commentaries on Huffington Post, Buzzflash, Alternet, Global Research, ZNet, Creative-I and many others.”

Schechter’s quest is a lonely one with few allies who so fervently share his mission that justice should be done and that the Master’s of the Financial Universe should be held accountable under the rule of law. They are just common thieves living the luxurious lives of crooks who got away in plain sight with their crimes.

For his quest to have justice apply to those elite looters of Wall Street, Danny Schechter merits this week’s BuzzFlash Wings of Justice Award.

Articles by: Mark Karlin

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