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Inside The Meltdown

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posted on Mar, 8 2009 @ 01:50 PM
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On Thursday, Sept. 18, 2008, the astonished leadership of the U.S. Congress was told in a private session by the chairman of the Federal Reserve that the American economy was in grave danger of a complete meltdown within a matter of days. "There was literally a pause in that room where the oxygen left," says Sen. Christopher Dodd (D-Conn.).


www.pbs.org...

I just finished watching this documentary, and it basically documents everything that happened to led up to the financial crisis we are in now.

Enjoy.




posted on Mar, 8 2009 @ 04:33 PM
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reply to post by Hyzera
 


Holy... this stuff is like conspiracy theory stuff, but on PBS.

JP Morgan was going to buy out Bear Stearns for 4 dollars a share, then Henry Paulson called them up and said, "No, you're going to buy it for 2 dollars to punish them". That sounds pretty heavy.

Still watching it though, but very conspiracy theory type stuff in there...



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