Frontline : Money, Power and Wall Street (Documentary)
Economy | Information | History | Online | Facts | World | Global | Money
Frontline : Money, Power and Wall Street In the special four-hour investigation, Money, Power and Wall Street, FRONTLINE tells the inside story of the struggles to rescue and repair a shattered economy, exploring key decisions, missed opportunities, and the unprecedented and uneasy partnership between government leaders and titans of finance that affects the fortunes of millions of people around the world. #documentary
Comments
-
It's frankly inconceivable that these people who worked for the banks didn't know the risk they were exposing the rest of us to. The Masters of the Universe...Just watching them being interviewed makes me wonder how they are not in jail?
-
The American people will always be duped by bankers etc. because the people are stupid and care only about trivial things like sports, television etc.........the rich always take from the poor.......its not fair or honest ,but, that's how it is.........
-
"We never saw a decline in the housing market."
That is the most ridiculous statement.
The absolute gall and nerve of these leeches who create nothing ... asseble nothing.
We want a recession big enough to bring these village idiots down to the level of living on the street and the sooner the better.
Finance is apparently finding ways around the law.
If i were King all of these folks would be blinded and their tongues cut out and given a tin cup.
The balls to make so many causulties of their bs and then to be livin large on fresh bonuses.
This sector should be the most rigidly regulated industry .... better yet
these low down lying thieven scum should be slapped hard across the face and be given a rifle or a shovel.
In no way do i advocate violence of any kind.
Spit -
The hyenas cant help laughing like the two women ....
Well guess what ... the old widows and the family kids at the end of this cesspool
have suffered heart attacks and displacement and complete loss of the family unit.
The icing on the above cake is the servicers who committed outright fraud by any means neccessary to gain or make sure it was grandma who wound up homeless.
When i look at these bankers and traders i dont see them as better than me in any way ....
I see pcs of garbage, evil doers who laugh like hyenas.
Spit. -
No problem, let's deregulate........what could happen?
-
repeal of Glass-Steagall transferred great wealth to a few and financially ruined many;proper prudential regulation and transparency is needed.
-
There have always been the haves and have-nots. However, the DIVIDE between them is getting more than terrifying, when one combines all of the other new phenomenons in today's day and age.
There is more heroin than ever before on American streets, as well as in other Countries. This large illegal drug market is yet another area where the public is ripped off, and suffers the consequences of a Police State and organized crime, with less jobs, inflation,spying, and corruption and abuses. Just surviving in the U.S.A. is a huge task, almost impossible. -
I read an interesting book one time that deconstructed the 1920s crash specifically about leveraging. The author went on to talk about how before Glass-Steigel there was a boom-bust economy that occurred on a 30 year cycle plus or minus 7 years with a p value of something like 0.001. The author goes on to say that the market was designed to be that way so that the ultra rich could swipe up all the pretender's money on a regular basis for pennies on the real value. Did Obama's actions avert a 2nd Great Depression, yes, unequivocally, but at what cost? We're better off in the short term, but we're worse off in the long term because the turds who caused this are still in power. Because of this, I expect to see another boom-bust when the 'young turk' Millennials take over. We will be right back in the same nightmare with the finance industry cornering the government with their Too Big To Fail status. If our government is so profoundly felted with Wall Street, maybe we could have the courage to let the system burn to the ground when the next 'oops' occurs, and occur it will.
-
Credit default swaps - Entity loans money, entity doesnt know if the loan can be paid back, entity asks an insurance company to take out a policy in case of default. Entity starts loaning money to far too people who cant pay back, they default, entity asks insurance company to cover them. Insurance company goes boom. (Invented by blythe masters)
Your welcome -
This ought to be seen by every American concerned with their own economy and how their assets collapsed as a result of "deregulation" for the banks who were able to "free" money from regulation and pour it into the invisible macro economy in terms of trillions of dollars of unregulated derivatives that collapsed in 2008.
Guess who bailed them out since there was no available money left in the market economy? You the taxpayer, who voted for Congressman to "deregulate" the financial industry that made this fully predictable collapse inevitable.
Gee, why don't we elect the same pretentious Congressman, to "free" the financial industry, so we can do the same thing again? We get a chance to vote every couple of years. After all, the financial industry is clearly interested in the well-being of ordinary citizens -- not in free bail outs -- right? -
terrible quality rip. sound distorted and video_sound sped up by about 2x the speed or 1.5 times the speed. it's normally a 4 hour documentary in 4 parts.
-
The Clintons, what a surprise!
-
I notice very few people watch these shows but the "One Direction" music library has 750 million views. It is important to understand things like Enron,the Second Great Depression, The Madoff affair,etc. How much did it cost these banks to get this insurance on these risky groups of loans? it must have been cheap enough so as it did not interfere with business.
0m 0sLenght
257Rating