2 chapters across the catalog
IRS Commissioner John Koskinen is criticized for his "Mr. Cool" demeanor during congressional hearings regarding the missing emails. The hosts contrast the IRS's demand for perfect record-keeping from taxpayers (citing Wesley Snipes) with the agency's own failure to preserve records, noting similar "lost email" excuses used by the Bush and Clinton administrations.
Mortgage Foreclosure Crisis, Derivative Trading Systems, Lotus Notes
The ongoing foreclosure crisis is described as an unraveling of the unregulated derivatives market. Personal experience building a trading system for Bankers Trust in 1995 reveals that many complex financial agreements were documented poorly using faxes, Excel spreadsheets, and Lotus Notes databases. This lack of a paper trail makes determining true ownership of mortgage deeds nearly impossible for courts.
