- CBS – 60 Minutes ‘December 4, 2011 Prosecuting Wall Street‘ (click here to find out more about this vital issue!)
“It’s been three years since the financial crisis crippled the American economy,” Steve Kroft begins his 60 Minutes piece this week. “[Yet] there has not been a single prosecution of a high ranking Wall Street executive or major financial firm.”
60 Minutes producer James Jacoby wanted to find out why, and one of the first people he spoke with was Tom Borgers, a man who literally helped write the book on the financial meltdown.
Borgers was a senior fraud investigator for the Financial Crisis Inquiry Commission (FCIC), a bipartisan panel set up by the Obama administration to examine the causes of the crisis. In the end, the FCIC issued a 500-page report on its findings, required reading for James and associate producer Maria Gavrilovic.
One of Borgers’ chief responsibilities at the FCIC was finding, vetting, and interviewing whistle-blowers, and he was therefore helpful in leading the 60 Minutes team to sources including Eileen Foster and Richard Bowen, the whistle-blowers who are the centerpiece of the 60 Minutes piece, “Prosecuting Wall Street.”
When Steve Kroft and Borgers sat down together, it was a great interview: honest, direct, and full of useful information. “I think he felt a real duty to make sure that a lot of their findings were followed up upon,” James told Overtime. “Most people who leave those commissions don’t really ever talk about it.” Which is why we are thrilled to feature Borgers this week on Overtime.
A seasoned fraud investigator, Tom Borgers worked for the government in the wake of the Savings & Loans scandal, preparing and directing criminal referrals, and responsible for the recovery of multi-million dollar claims. During that time, Borgers saw hundreds of bank executives prosecuted and sent to prison, a stark contrast with what’s happened in our current economic crisis.
Borgers tells Kroft that the FCIC found evidence of trillions of dollars of fraud and gross negligence, and that in the area of mortgage fraud, he found crimes committed by “mortgage originators, underwriters, banks . . . across the board.” Yet still, no prosecutions . . . so far.
Despite that, Tom Borgers’ personal contributions have been recognized. In 2010, he was awarded the Examiner of the Year Award by the Association of Certified Fraud Examiners, DC. It noted his “selfless and tireless service to the United States people” through his work at the FCIC. That same year, he was also honored with a Special Act of Service Award by the FCIC. In February of 2011, he became a managing director of a financial consulting firm in New York City.
Nikita (Anne Parillaud) is a teenage junkie who participates in the robbery of a pharmacy owned by the parents of a fellow junkie. The robbery goes awry, erupting into a gunfight with local police, during which her cohorts are killed. Suffering severe withdrawal symptoms, she murders a policeman. Nikita is arrested, tried, and convicted of murder and is sentenced to life in prison.
In prison, her captors fake her death, making it appear that she has committed suicide via a tranquilizer overdose. She awakens in a nondescript room, where a well-dressed but hard-looking man named Bob (Tchéky Karyo) enters and reveals that, although officially dead and buried, she is in the custody of a shadowy government agency. She is given a choice of becoming an assassin, or actually occupying “row 8, plot 30”, referring to her fake grave. After some resistance, she chooses the former and proves to be a talented killer. One of her trainers, Amande (Jeanne Moreau), transforms her from a degenerate drug addict to a femme fatale. Amande implies that she was also rescued and trained by the DGSE.
Her initial mission, killing a diplomat in a crowded restaurant and escaping back to the Centre, doubles as the final test in her training. She graduates and begins life as a sleeper agent in Paris with her boyfriend Marco (Jean-Hugues Anglade), a man she meets in a supermarket and who knows nothing of her real profession.
Her career as an assassin goes well until a document-theft mission in an embassy goes awry, requiring the ruthless Victor “The Cleaner” (Jean Reno) to destroy the mission’s evidence and all corpses. During the mission, Victor is wounded and dies. Marco reveals that he has discovered Nikita’s secret life, and, concerned over how her activities are affecting her psychologically, persuades her to disappear. Upon discovering that she abandoned the agency, Bob meets with Marco, and they both discuss and decide what is best for Nikita.
Posted in Educational, FILM, MEMORIES, PEOPLE AND PLACES HISTORY, GEOGRAPHY, SPIRITUALITY, Uncategorized
Tagged Anne Parillaud, Cleaner, Jean Reno, Jeanne Moreau, Nikita, Paris
Éric Serra‘s father Claude was a famous French songwriter in the 1950s and ’60s, and, as such, Éric was exposed to music and its production at a young age. His mother died when he was just seven years old. In the early ’80s, Serra met director Luc Besson and was asked to score his first movie Le Dernier Combat (1983). Serra has scored all of Besson’s directed movies to date, except Angel-A (2005) (scored by Anja Garbarek), and several that Besson has written such as Wasabi.
In 1995, Éric Serra was chosen to compose the score to the James Bond film GoldenEye, and produced a much more modern-sounding avant-garde soundtrack compared to previous Bond films. It met with mixed reviews from film critics. Serra’s score is often criticized by Bond fans, and is considered the farthest departure from a traditional Bond score and the most inappropriate in the series history. The producers later hired John Altman to provide the music for the tank chase in St. Petersburg. Serra’s original track for that sequence can still be found on the soundtrack as “A Pleasant Drive In St. Petersburg”. The incidental music for the film has thus far been the only collaboration on a James Bond film.
Occasionally, and mainly due to his album released by this name, he is known in credits as RXRA (pronounced like his name, in French). An example is “Little Light of Love” on The Fifth Element soundtrack, which is credited to RXRA.
‘Last night I was watching a movie From the James Bond Collection, “Golden Eye”, and was so happy recognizing Eric Serra’s music. His style is his, a specimen signature. In one great music, is worth putting up with the feature.
Serra is the musical expert giving each character a melody, and then creates the nuances of the melody, to add drama, action, experiences. You can almost expect the color and texture of the upcoming scene in the movies for which he composed the soundtrack: Outstanding!’
The Fifth Element, A film by Luc Besson, base on a story by Luc Besson
Fitz Hall (Footballer of Queen’s Park Rangers FC) appears at the beginning of the film as a twelve-year old boy.
As the film went into development in the early 1990s, Besson went on to create Léon, starring Jean Reno, while comic book artist Jean-Claude Mézières, who had been hired as a conceptual designer for The Fifth Element, returned to illustrating The Circles of Power, the fifteenth volume in the Valérian and Laureline series. This particular volume featured a character named S’Traks who drives a flying taxicab through the congested air traffic of the vast metropolis on the planet Rubanis. Besson read the book and was inspired to change the character of Dallas to a taxicab driver who flies through a futuristic New York City. Zorg owns the taxi company that employs and subsequently fires Dallas as part of a one-million person layoff designed to slow economic growth at the request of the government.
Posted in Educational, FILM, IN THE SPOTLIGHT, MY TAKE ON THINGS, Uncategorized, YouTube/SoundCloud: Music, Special Interest
Tagged Charlie Creed-Miles, Fifth Element, Gary Oldman, John Bluthal, Tom Lister
Produced by: http://www.yearinitials.com Velonummern
Photos of places, incidents and moods I like to remember. With the impressive music of my friend Peter Philippe Weiss (Song: Madrigal / CD: Zen Jazz).
45,000 Germans evacuated due to WWII bombs (click here to read more about this)