Teri Buhl

Last active
1 year, 3 months ago
  • Martin Smith, the director, was actually asking the NY AG why ‘he copied PBWT’s’ complaint against JPM/Bear/EMC. The NY AG side stepped that question. Here is what I’ve have said on RT’s Keiser Report over a year ago and I reported at the trade publication I wrote for – DealFlow Media.

    Around April 2011 NY Assemblyman Morelle reached out to the NY AG and asked him to investigate the Bear traders under Tom Marano for criminal insurance fraud. They came to that conclusion after they read my stories at The Atlantic and the Ambac v. EMC/JPM suit PBWT filed. The NY AG then went to the PBWT lawyers and asked them to share evidence – as told to me buy people in the room.

    I really thought he was going to charge JPM or the Bear traders criminally – which is actually what I told Martin Smith in our interview that did not make it into the movie. It was disappointing to see only a civil suit even though it’s for a large amount – around $22bn against $JPM.

    FDL readers can find links to most of the 2.5 yrs of reporting I did on this saga at http://www.teribuhl.com or at RT’s TV host site http://www.maxkeiser.com

  • The WAPO story doesn’t say Lanny Breuer has resigned yet. It just says their sources inside the DOJ told them he is going to resign. We have been hearing rumors of this before the movie was even completed and other jurnos have speculated about it. So while the timing of the WAPO story looks great for Martin’s Frontline film…right now it’s just coincidence

  • Teri Buhl commented on the blog post Frontline Exposes DOJ’s Failure To Prosecute Wall Street

    2013-01-23 14:36:52View | Delete

    I thought Peter Eavis had no idea what he was talking about on the live chat. I don’t know why Frontline did that except they are both liberal biased. Martin is a freelance producer for Frontline and did a ton of research on my series of reporting over the last two years about the fraud committed by senior Bear executives. Hopefully Martin will do another chat with a journalist who was actually on the ground doing the reporting

  • Teri Buhl commented on the blog post Frontline Exposes DOJ’s Failure To Prosecute Wall Street

    2013-01-23 14:27:28View | Delete

    very few of my jurno peers caught the wall st fraud b4 08. I was reporting at the New York Post then and we busted some bank stories then but really it was my friend Mark Pitman at Bloomberg who did reporting on a rmbs mtg bond bubble starting in late 06. Besides that the rest of my fellow finance jurno peers have failed you.

  • Teri Buhl commented on the blog post Frontline Exposes DOJ’s Failure To Prosecute Wall Street

    2013-01-23 14:23:53View | Delete

    thanks so much

  • Teri Buhl commented on the blog post Frontline Exposes DOJ’s Failure To Prosecute Wall Street

    2013-01-23 07:52:05View | Delete

    I was first to report in September on what Tom an his fellow underwriters were telling lawyers suing Bear and JP Morgan for fraud. At that time the SEC had interviewed them but the DOJ had not. To see more alarming details that highlight the culture of ‘Bear don’t Care’ read here
    http://www.teribuhl.com/2012/09/18/what-bear-stearns-whistleblowers-told-the-sec-new-details-of-rmbs-fraud-cover-up/

    Over 30 whistleblowers came forward in private litigation flat out admitting who at Bear told them to destroy files or change their underwriting reports. How is that a not criminal intent?

    Teri

  • Teri Buhl became a registered member

    2013-01-23 07:44:35View | Delete