Plain Old Greed. Wall Street's Sub-prime Debacle

Description

Investigating the financial meltdown in the U.S., this documentary reveals the ruined lives, the crooked banks, and the bad judgment that brought it all about. This powerful presentation lays bare the bankers' addiction to fantastic profit that drove world markets into recession. Stockbrokers claim that no one expected the sheer magnitude of the crisis. Deals should have been regulated and monitored. Risks should have been evaluated. Yet no one bothered take the necessary steps as long as the money machine was spitting out billions of dollars. It was obvious that a disaster was coming, but Wall Street couldn't stop itself. As this film tells the frightening story, the reasons behind the current crisis become all too clear.

Runtime

58 min

Subjects

Genre

Date of Publication

[2012], c2008

Database

Films on Demand

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