During Bill Moyers’ conversation with former bank regulator William K. Black, the two discussed the 2013 Frontline documentary “The Untouchables.” In the program, producer/correspondent Martin Smith, through interviews with Wall Street insiders, would-be whistleblowers and regulators, examines why those responsible for the financial crisis were never charged with fraud.
In the documentary, both former Assistant Attorney General Lanny Breuer and FBI Associate Deputy Director Kevin Perkins tell Smith that they were unable to make a case against any financial executives that would stand up “beyond a reasonable doubt.”
“Disingenuous would be the kindest word” for these statements, Black told Moyers. “[I]n baseball terms they’re batting 0.000. But they’re not just batting 0.000, they took called strikes. They never got the bat off their shoulder and even swung. They didn’t even try.”
Watch chapter one of “The Untouchables.”