The Ascent of Money by Niall Ferguson (Videos)

The Ascent of Money, by Harvard professor, author, economist and historian Niall Ferguson, is a very interesting movie about financial history and the evolution of money. It is broken up into 6 episodes and can be found in full at PBS.org. Episode 5 talked mostly about property ownership in Detroit from the great depression to the subprime bust. I just did a blog post about distressed properties for sale in Detroit which gave real examples of the situation. Niall explains very well how our country got cked securitizing subprime loans. Also episode 4 talks about the history of risk management leading to billion dollar hedge funds. Watch them all at http://www.pbs.org/wnet/ascentofmoney/.