MONEY, POWER, AND WALL STREET
Frontline
2 DVDs (widescreen)
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Perhaps the most complete—and cogent—investigation into how, along with Wall Street, the government crashed the economy in 2007, bailed out the main offenders, and failed to protect the interests of Main Street.
Part 1 explains the invention of credit default swaps and their evolution from tools for managing risk to ploys for profiting from predatory lending. Part 2 looks at how government and financial leaders partnered to respond to the meltdown. Part 3 examines the second round of actions undertaken by the incoming Obama administration. Part 4 probes the continuing problem of a Wall Street culture that remains focused on risky trades.
| Copyright | 2012 |
|---|---|
| Publisher | WGBH |
| Grade | 7 and up |
| Color | Color |
| Run Time | Total time: 240 minutes |
economicsissues govtissues