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Clifford 2022-09-03 13:13:08
Inside Job - 8/10
The film brilliantly locates the fuse of the 2008 financial crisis, including the corruption of Wall Street, the decision-making mistakes of the Bush government, and the loopholes in the Greenspan system. But what is most thought-provoking is that the hypocrisy of Western democracy is vividly...
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Kianna 2022-09-03 05:14:31
A little understanding of guarding oneself
I have always found economics to be very interesting. The 2008 financial crisis is a particularly typical example, and I have always wanted to understand it. Finally finished watching this documentary, let me share my understanding. It is the investment bank that transfers the CDO to the insurance...
Frederic Mishkin
Extended Reading
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Narrator: After the crisis, the financial industry, including the Financial Services Roundtable, worked harder than ever to fight reform. The financial sector employs 3,000 lobbyists, more than five for each member of Congress.
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George W. Bush: You don't have to have a lousy home. The low-income home buyer can have just as nice a house as anybody else.
