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Sep 13, 2017
09/17
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KQED
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as well as the indictment of abacus federal savings bank, a federally chartered bank that has been cateringthe chinese immigrant community since 1984. if we have learned anything from the recent mortgage crisis, it's that at some point, these schemes unravel and taxpayers can be left holding the bag. >> the d.a. made such a big parade, bringing people from washington, all these tough law enforcement officers, and making such a big announcement that we are part of the cause of the financial crisis of 2008. almost laughable. >> mr. sung is entitled to his opinions, but in abacus's loan department, mortgages were based upon false documentation. we have evidence of conspiracy, larceny, and systemic fraud. >> (reporter speaking chinese) >> if that prosecution goes through, that bank is going to go out of business, there's no question about it. they're going to lose their charter and it's going to enormously impact that community. too big to fail, you know, turns into small enough to jail, and abacus is small enough to jail. (music ends) (people chattering) >> when i walk around here, of course i
as well as the indictment of abacus federal savings bank, a federally chartered bank that has been cateringthe chinese immigrant community since 1984. if we have learned anything from the recent mortgage crisis, it's that at some point, these schemes unravel and taxpayers can be left holding the bag. >> the d.a. made such a big parade, bringing people from washington, all these tough law enforcement officers, and making such a big announcement that we are part of the cause of the...
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79
Sep 25, 2017
09/17
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WTXF
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park bank on 1100 block of arch street yesterday morning he's also wanted for robbing the abacus federal savings banknth street twice this month as well as robbing the moore bank on the 900 block of arch street twice in july. military officials say a drone hit u.s. army black hawk helicopter in the sky over new york city thursday night. lieutenant colonel of the 82nd airborne says it happened 500 feet above the mid land beach section of staten island. authorities inspected the black hawk friday morning and found a piece of the drone in the oil cooler and damaged the fuselage and two blades. >> thankfully it didn't appear to impede the helicopter's flight and it landed safely and, you know, we're grateful for that. >> the army is sending helicopters from fort bragg to change out the damaged blades the collision appears to be an accident. >>> meanwhile a female marine is set to make history as the first woman ever to graduate from the marine corps as demanding infantry officer course. it includes trekking at least 6 miles while carrying loads of up to 152 pounds. 30 women tried to complete the course.
park bank on 1100 block of arch street yesterday morning he's also wanted for robbing the abacus federal savings banknth street twice this month as well as robbing the moore bank on the 900 block of arch street twice in july. military officials say a drone hit u.s. army black hawk helicopter in the sky over new york city thursday night. lieutenant colonel of the 82nd airborne says it happened 500 feet above the mid land beach section of staten island. authorities inspected the black hawk friday...
154
154
Sep 12, 2017
09/17
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KQED
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eye 154
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including mortgage fraud, securities fraud, and conspiracy, as well as the indictment of abacus federal savings banky chartered bank that has been catering to the chinese community since 1984, if we have learned anything from the recent mortgage crisis, it's that at some point these schemes unravel and taxpayers can with left holding the bag. >> the d.a. made it such a big parade, bringing people from washington, all these tough law enforcement officers, and making such a big announcement that we are part of the cause of a major crisis of 2008. it's almost laughable. >> mr. sung is entitled to his opinion, but in abacus' loan department, mortgages were based on false documentation. we have evidence of conspiracy, larceny, and systematic fraud. [speaking chinese] >> if that prosecution goes through, that bank is going to go out of business, there's no question about it. they're going to lose their charter, and it's going to enormously impact that immunity. too big to fail turns into small enough to jail. abacus is small enough to jail. >> yang: frontline airs tonight on most pbs stations. and two new
including mortgage fraud, securities fraud, and conspiracy, as well as the indictment of abacus federal savings banky chartered bank that has been catering to the chinese community since 1984, if we have learned anything from the recent mortgage crisis, it's that at some point these schemes unravel and taxpayers can with left holding the bag. >> the d.a. made it such a big parade, bringing people from washington, all these tough law enforcement officers, and making such a big announcement...
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193
Sep 25, 2017
09/17
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WCAU
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the moore bank on arch street and abacus federal savings bank on north 10th street. >>> it was a scare in the air, and it happened over the skies of philadelphia. you're looking live at philadelphia national airport where a plane was forced to make an emergency landing there last night. the american airlines flight took off around 7:00 heading for spain. the pilot learned of a maintenance issue and circled back to the airport two hours later. it landed around 8:45 last night. you're looking at an image of the plane after it arrived at philly international. the flight was initially scheduled to take over again just after midnight. that was ultimately canceled. the next american airlines flight to madrid is 6:35 tonight. >>> 6:08. we'll look at the beach in cape may. another nice one today. >> i know people who vacated their shore homes and went back this weekend because they couldn't be without the weather. when will we finally see fall temperatures? a lot of people want that. >> it is in the ten-day forecast. you can get a peek at the bottom of the screen with the rolling neighborhood
the moore bank on arch street and abacus federal savings bank on north 10th street. >>> it was a scare in the air, and it happened over the skies of philadelphia. you're looking live at philadelphia national airport where a plane was forced to make an emergency landing there last night. the american airlines flight took off around 7:00 heading for spain. the pilot learned of a maintenance issue and circled back to the airport two hours later. it landed around 8:45 last night. you're...
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77
Sep 25, 2017
09/17
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WCAU
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the moore bank on arch street and abacus federal savings on north 10th. >>> today marked 60 years sinceine black students in little rock, arkansas, walked into an all-white school ending legal segregation of schools in the united states. the same school will "huffington post" a celebration today remember -- the same school will have a celebration today remembering when the little rock nine were ushered in by the national guards in 1957. former president bill clinton will give the keynote ceremony. events are r scheduled throughout the little rock community through the rest of the year. >>> 5:16. 70 degrees. we have entered the season of pumpkins, hay rides, hot apple cider. >> pumpkin spice. i'm confusing them because they're amazing. may not feel like cafall, but t calendar says it's arrived. we went to springdale farms in cherry hill, finding out the must-haves. pumpkins and gourds. when it comes to food, anything pumpkin spice or apple cider. >> we take the hay ride here. we always get doughnuts and cider after the hayride. >> sounds like a fun fall day. are you brave enough to try t
the moore bank on arch street and abacus federal savings on north 10th. >>> today marked 60 years sinceine black students in little rock, arkansas, walked into an all-white school ending legal segregation of schools in the united states. the same school will "huffington post" a celebration today remember -- the same school will have a celebration today remembering when the little rock nine were ushered in by the national guards in 1957. former president bill clinton will give...
106
106
Sep 25, 2017
09/17
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WCAU
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the moore bank on arch street and abacus federal savings on north 10th. saturday's robbery is the third this month. >>> new details about the latest republican plan to overhaul america's health care system. the authors of the graham-cassidy bill made changes in an apparent bid to win the support of one wavering senator. the version provides more benefits to alaska, home of senator lisa murkowski who so far has not said whether she will support the legislation. two other gop senators have already said they will not support the bill. republicans can only afford to lose two votes. >> the republicans have been saying for seven years repeal and replace, and now they have a chance. >> the only way you'll know how people vote is when they actually vote. we thought we had the votes last time and didn't. >> defenders say it spends the same amount as obamacare but shifts control from the federal government to the states. critics say the bill contains deep cuts to medicaid and would allow insurance companies to change more money to people with pre-existing condition
the moore bank on arch street and abacus federal savings on north 10th. saturday's robbery is the third this month. >>> new details about the latest republican plan to overhaul america's health care system. the authors of the graham-cassidy bill made changes in an apparent bid to win the support of one wavering senator. the version provides more benefits to alaska, home of senator lisa murkowski who so far has not said whether she will support the legislation. two other gop senators...