Exchange Podcast: Jesse Eisinger

Why didn't any Wall Street bigwigs go to jail over the 2008 financial crisis? Unlike the failures of Enron, WorldCom and other corporate calamities, the collapses of Lehman Brothers and Bear Stearns necessitated taxpayer bailouts, incinerated billions of dollars of retiree savings and torpedoed the global economy yet resulted in no criminal indictments. ProPublica reporter Jesse Eisinger argues that's because prosecutors joined "The Chickenshit Club," which is also the title of his new book. See acast.com/privacy for privacy and opt-out information.