"American Casino": Wall Street Mortgage Scams in Black Communities
Politicians and the media like to talk about the relationship between Wall Street and Main Street, but investigative journalist Leslie Cockburn's debut feature American Casino gets to the guts of the matter, visiting defectors from Bear Stearns and Standard and Poor's and other high-level players in the subprime mortgage gamble and, on the flipside, visiting the working-class Americans who were the unwitting chips on the table.
People thought I was crazy when I blew the whistle on risky derivatives in Harvard Management Company's portfolio. Well, look at how much pain and suffering Wall Street has inflicted on black homeowners with its fraudulent mortgage derivatives products.


