By Danny Schechter:

The Question: As The Feds Broaden A Mortgage Fraud Probe, Will The White Collar Perps Of Subprime Crime Ever Do Time?

New York, May 6: There is a time in the life of every writer when you find yourself fearing that you have become a robo call phone machine—repeating the same message over and over with diminishing results.

That’s how I felt after eight months of silence after labeling the credit crisis a “subcrime” scandal, lashing out at the fraudulent activity at its core and calling for the investigation and prosecution of wrong doers. Almost no media outlets accepted this way of framing the problem, although, as usual, the British press was ahead of its American cousins in putting the blame on the bankers, not the borrowers.

more: http://www.mediachannel.org/