Listen Live
Donate
 on air
    Schedule

    KCRW

    Read & Explore

    • News
    • Entertainment
    • Food
    • Culture
    • Events

    Listen

    • Live Radio
    • Music
    • Podcasts
    • Full Schedule

    Information

    • About
    • Careers
    • Help / FAQ
    • Newsletters
    • Contact

    Support

    • Become a Member
    • Become a VIP
    • Ways to Give
    • Shop
    • Member Perks

    Become a Member

    Donate to KCRW to support this cultural hub for music discovery, in-depth journalism, community storytelling, and free events. You'll become a KCRW Member and get a year of exclusive benefits.

    DonateGive Monthly

    Copyright 2026 KCRW. All rights reserved.

    Report a Bug|Privacy Policy|Terms of Service|
    Cookie Policy
    |FCC Public Files|

    Back to Which Way, L.A.?

    Which Way, L.A.?

    Are Wall Street Execs Getting Off Easy for Committing Fraud?

    Federal Judge Jed Rakoff is still considering Citigroup's latest settlement of fraud charges brought by the Securities and Exchange Commission. It follows a familiar pattern — for Goldman Sachs, Morgan Stanley, JP Morgan Chase, Bank of America —and for Citigroup itself. But for corporate executives there's no shame and no pain.

    • rss
    • Share
    By Warren Olney • May 12, 2014 • 1 min read

    Federal Judge Jed Rakoff is still considering Citigroup's latest settlement of fraud charges brought by the Securities and Exchange Commission. It follows a familiar pattern — for Goldman Sachs, Morgan Stanley, JP Morgan Chase, Bank of America —and for Citigroup itself. But for corporate executives there's no shame and no pain. We hear how the latest case against Citigroup fits into a troubling pattern.

    The full episode

    4 of 4
    Oakland Clears Out the Occupiers
    1. 0:00NBA Players Reject League's Offer
    2. 6:20'Occupy Oakland' Is Over, at Least for Now
    3. 17:10Realignment Filling LA County Jails
    4. 25:45Are Wall Street Execs Getting Off Easy for Committing Fraud?You’re reading this
    • https://images.ctfassets.net/2658fe8gbo8o/AvYox6VuEgcxpd20Xo9d3/769bca4fbf97bf022190f4813812c1e2/new-default.jpg?h=250

      Warren Olney

      former KCRW broadcaster

    • KCRW placeholder

      Christian Bordal

      Managing Producer, Greater LA

    • KCRW placeholder

      Karen Radziner

      Managing Producer, To the Point & Which Way LA?

    • https://images.ctfassets.net/2658fe8gbo8o/AvYox6VuEgcxpd20Xo9d3/769bca4fbf97bf022190f4813812c1e2/new-default.jpg?h=250

      Anna Scott

      Former KCRW Housing and Homelessness Reporter

    • KCRW placeholder

      Edward Wyatt

      New York Times

    • KCRW placeholder

      Arthur Levitt

      Goldman Sachs

    • https://images.ctfassets.net/2658fe8gbo8o/AvYox6VuEgcxpd20Xo9d3/769bca4fbf97bf022190f4813812c1e2/new-default.jpg?h=250

      Robert Scheer

      Host, 'Scheer Intelligence'

      News

    The full episode

    4 of 4
    Oakland Clears Out the Occupiers
    1. 0:00NBA Players Reject League's Offer
    2. 6:20'Occupy Oakland' Is Over, at Least for Now
    3. 17:10Realignment Filling LA County Jails
    4. 25:45Are Wall Street Execs Getting Off Easy for Committing Fraud?You’re reading this
    Back to Which Way, L.A.?