Don't Miss PBS's "Frontline" tonight. "Inside the Meltdown"

[CoffeeCat]

Tonight (Tuesday, 2/17) at 9:00 p.m. cst--"Frontline" will air "Inside the Meltdown".

This looks so compelling and revealing. I can't wait to watch it.

Synopsis from PBS site:
"In "Inside the Meltdown," airing Tuesday, February 17 at 9 pm on PBS, FRONTLINE investigates the causes of the worst economic crisis in 70 years and how the government responded. The film chronicles the inside stories of the Bear Stearns deal, Lehman Brothers' collapse, the propping up of insurance giant AIG, and the $700 billion bailout. Inside the Meltdown examines what Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke didn't see, couldn't stop and haven't been able to fix."

PBS has a Web site devoted to this entire show, where you can also watch it online: http://www.pbs.org/wgbh/pages/frontline/meltdown/

[theoldman]

1. Everyone should watch this program.

FRONTLINE is about as honest as it gets in their reporting. There will be some errors but abut 90% should be accurate. I would bet that Paulson and Bernanke saw the meltdown coming but just closed their eyes and ears.

[Lorien]

2. Watching it, but I doubt if we'll hear the term "petro dollars"

any time during the program.

[aquart]

3. I don't care. Bear Stearns was run by criminals and they deserved it.

The thousands of employees, as usual, not so much. But the top of Bear and their loyal lackeys? Scum. It didn't register on Wall Street when Bear had to pay a $37 million dollar settlement. But it should have.

And my, wasn't Bernanke a bloody fool.

[girl gone mad]

17. Paulson actually came out looking halfway reasonable.

He's a free market sociopath, but at least he was willing to stand on principle when it fell apart. Bernanke's a fool.

[Pavulon]

4. Like watching the chain of events leading up to chernobyl

this is concise and absolutely catastrophic chain of events. By the way in my opinion we are at the stage where the reactor is still building up energy.

This is not over.

[Raksha]

5. Thanks for the heads-up. It looks very interesting.

[snappyturtle]

6. We've got the DVR all set! I'll probably have to watch it more than once

to get all the deviousness straight! I do hope lots can watch it. Matter-of-act I have a sniveling repuke nephew I should send an e-mail to....going to check to see if this repeats.

edit~word change

[no_hypocrisy]

7. Best line so far: "I'm not an economist!" quoth *.

Guess that he knows that MBA taught him nothing.

[TacticalPeek]

8. K & R

Just sayin'.

[navarth]

9. Thank goodness it's online. I missed it.

Couldn't pass up Rachel's show. After that, I've got it qeued up. Thanks so much for the reminder!!

[spanone]

10. boy, this is really pissing me off

they stole this money

[Captain Hilts]

11. Manchester United needs new jersies...

with the US Dept. of the Treasury on them:

[many a good man]

12. Worst Frontline ever

All bones, no meat. They presented a timeline, a blow by blow account, with no analysis or explanation about how we got into this mess. Tried to make Paulson and the bankers into sympathetic figures. Big disappointment. I expected much more from Frontline. If you haven't seen it yet, don't waste your time.

[TahitiNut]

13. I must say, after the first 18 minutes, that's exactly my impression.

I'm first and foremost an "analytical type" and there's NO 'analysis' here.

[girl gone mad]

18. CNBC's "House of Cards" actually had better analysis..

imo.

[DemReadingDU]

22. It's the first of 3-part series

Maybe the analysis will come in part 2 or part 3.
http://www.pbs.org/wgbh/pages/frontline/story/2009/02/the-making-of.html

[wroberts189]

16. Yes I noticed it too... but it is educational ..not the worst

It at least gives the basics ...but yes leaves out a lot of "why"

[mistertrickster]

19. I gotta agree. Way too much concern about who did what when. Not enough about WHY

this happened when it happened.

And it happened when it happened because BushCo replaced time-tested regulation with free-market theology.

That's the lesson that must be hammered home so that we don't continue to repeat it.

[aquart]

20. Oh, good. Then it wasn't just me.

[EFerrari]

21. Frontline seems to be slipping off to the right lately. I wonder why. n/t

[bdamomma]

14. will watch this on line thanks.

[slipslidingaway]

15. Here is the another thread on this show...

http://www.democraticunderground.com/discuss/duboard.php?az=show_mesg&forum=389&topic_id=5072567&mesg_id=5072567


I was happy that they highlighted derivatives as a major factor instead of just focusing on housing prices.

:shrug: