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.
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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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