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Old 02-14-2009, 03:30 PM
 
1,009 posts, read 3,776,564 times
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Program information link.

"FRONTLINE investigates the causes of the worst economic crisis in 70 years and how the government responded. The film chronicles the inside stories of the Bear Stearns deal, Lehman Brothers’ collapse, the propping up of insurance giant AIG, and the $700 billion bailout. Inside the Meltdown examines what Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke didn’t see, couldn’t stop and haven’t been able to fix."
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Old 02-15-2009, 08:10 AM
 
Location: Tea Party Headquaters
152 posts, read 193,710 times
Reputation: 81
Default I love PBS, Frontline and Nova


Thank You OP, I watch PBS and love Frontline and Nova.

OP's link indicates the show will air, Feb. 17, 2009 at 9 PM Eastern Standard Time.

You can also click on "Program Reminders", and get email alerts of any upcoming programs.

I've already recorded "Bushes War," "The War Briefing", now this one.
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Old 02-18-2009, 04:27 PM
 
1,009 posts, read 3,776,564 times
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Everyone will have to draw their own conclusions, but the program did a good job of putting the actions taken by Henry Paulson and Ben Vernacke in perspective. The "moral hazard versus systemic risk" dilemma and "compromising their principals" aspects were very interesting.
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Old 02-18-2009, 10:21 PM
 
3,853 posts, read 12,059,457 times
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What is funny is that those executives got a new job working for obama. Probably going to help him implode the economy.
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Old 02-18-2009, 11:15 PM
 
Location: Rockland County New York
2,984 posts, read 5,436,578 times
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I think the Frontline show did a great job of putting the economic debacle in perspective. I do feel for Paulson. He looked like a defeated or worn out person after dealing with Wall Streets meltdown. He did not want to bailout the Wall Street but the alternative was an immediate depression. Only time will tell if he was right.
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Old 02-18-2009, 11:17 PM
 
Location: Rockland County New York
2,984 posts, read 5,436,578 times
Reputation: 1295
Did you or someone you know serve aboard the Big E?
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Old 02-18-2009, 11:57 PM
 
2,654 posts, read 4,960,110 times
Reputation: 1929
Quote:
Originally Posted by tortoise View Post
Program information link.

"FRONTLINE investigates the causes of the worst economic crisis in 70 years and how the government responded. The film chronicles the inside stories of the Bear Stearns deal, Lehman Brothers’ collapse, the propping up of insurance giant AIG, and the $700 billion bailout. Inside the Meltdown examines what Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke didn’t see, couldn’t stop and haven’t been able to fix."
Thanks for posting - Good Stuff!

Reps to you.
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Old 02-19-2009, 01:31 AM
 
Location: USA
3,966 posts, read 9,844,122 times
Reputation: 2216
Trillions... and its unknown if the problem will be fixed. We haven't even left the planet and we are already doing trillions of dollars... scary times.
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Old 02-19-2009, 09:24 AM
 
2,541 posts, read 10,684,635 times
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So basically what the vid is saying:

banks, commercial, or investment, just loan money to each other, and they just make up various contracts as collateral

if wallstreet firms disappear, the commercial banks cannot get a loan to make other loans to regular people

am I right?
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Old 02-20-2009, 03:44 PM
 
Location: Tea Party Headquaters
152 posts, read 193,710 times
Reputation: 81
Default This Weekend on CSPAN2


If you missed it, you can catch it online here.
FRONTLINE: inside the meltdown | PBS

If you are interested in what caused our financial crisis, you may be interested in Book TV on C-SPAN2 - Top Nonfiction Authors Every Weekend

CSPAN2 has 3 showings for Plunder and Blunder:The Rise and Fall of the Bubble Economy which also, covers the Reagan and Clinton administrations.

Remember, schedules change, and times are Eastern Standard Times; so check the website for changes.

I love the Laura Ingraham Show.
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