Money, Power and Wall Street (FRONTLINE)

Frontline (PBS) is out with a two part documentary on the 2008 financial crisis titled "Money, Power and Wall Street". Watch the first episode of parts 1, 2, 3 and 4 below.

Bear Stearns documents (source: Frontline/PBS, click for the video)
From Chapter 1:

"In 1994, a team of young, 20-something JPMorgan bankers on a retreat in Boca Raton, Fla. dreamed up the “credit default swap” — a complicated derivative they hoped would help manage risk and stabilize the financial system. Fourteen years later, they watched in horror as that global system — weighed down by the risk of credit default swaps tied to morgtage loans — collapsed." (PBS.org)

FIN 501 #FAIL!


Part #1 (chapter #1)





Part #2 (chapter #1)





Part #3 (chapter #1)



Watch Money, Power and Wall Street: Part Three on PBS. See more from FRONTLINE.



Part #4 (chapter #1)



Watch Money, Power and Wall Street: Part Four on PBS. See more from FRONTLINE.

Related Posts