Rain Media Earns Four News & Documentary Emmy Nominations

Rain Media earned four News & Documentary Emmy nominations yesterday for its work for PBS FRONTLINE in 2012.

The Regime Responds was nominated for Outstanding Continuing Coverage of a News Story in a News Magazine.

Six Billion Dollar Bet and Cell Tower Deaths, a FRONTLINE-ProPublica collaboration, were both nominated for Outstanding Business and Economic Reporting in a News Magazine.

And the four-hour series Money, Power & Wall Street was nominated for Outstanding Business and Economic Reporting — Long Form. Rain Media shares this nomination with the Kirk Documentary Group.

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Six Billion Dollar Bet

Six Billion Dollar Bet

Nearly four years after the financial crisis, yet another scandal rocks Wall Street. Jon Corzine, former head of Goldman Sachs and political power broker, took over MF Global in the spring 2010 with oversize ambition and a passion for risk. But after a massive bet on European debt turned sour, the firm lay in ruins, with more than a billion dollars of customer funds missing. In Six Billion Dollar Bet, FRONTLINE investigates how Corzine’s traders went around MF Global’s risk officers and how he swayed regulators in Washington to allow risky practices to continue.