Just finished watching "inside Job".....

[ejpoeta]

Wow. It makes a person angry to know that they could have stopped it at several points along the way. And other countries are putting things in place to prevent it from happening again while we twiddle our thumbs. UGGH!! I can see how they permeated every aspect of government and apparently the thinking in colleges as well where people are taught. It was nice to see that they talked about the effects on regular people and the disparity in income as well.

[Mnemosyne]

1. I am still livid a couple of weeks later. K&R for more visibility. n/t

[thanks_imjustlurking]

2. Same here.

Same reaction.

[Bozita]

3. Excellent companion piece is the 4 part documentary "Meltdown" that aired on the CBC last fall

I watched this 4 part doc in September, 2010 on my local CBC channel and have since been looking for ways for viewing the series online. The CBC website does not allow viewers in the USA. It won't take long for viewers to figure out why.

The first video is here:
http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=385x562090



http://www.cbc.ca/doczone/meltdown/about.html

EPISODE GUIDE - HOST
Doc Zone has traveled the world - from Wall Street to Dubai to China - to investigate The Secret History of the Global Financial Collapse. Meltdown is the story of the bankers who crashed the world, the leaders who struggled to save it and the ordinary families who got crushed.

September 2008 launched an extraordinary chain of events:
General Motors, the world’s largest company, went bust.
Washington Mutual became the world’s largest bank failure.
Lehman Brothers became the world’s largest bankruptcy ever:

The damage quickly spread around the world, shattering global confidence in the fundamental structures of the international economy.

The CBC’s Terence McKenna takes viewers behind the headlines and into the backrooms at the highest levels of world governments and banking institutions, revealing the astonishing level of backstabbing and tension behind the scenes as the world came dangerously close to another Great Depression.

Meltdown also tells the stories of desperate foreclosed homeowners in California, disillusioned autoworkers at the end of the line in Ontario and furious workers in France who shocked the world by kidnapping their own bosses.

Since the financial meltdown began, trillions of dollars have been spent rescuing banks and jumpstarting economies, yet recovery remains fragile. Fears abound of a “double-dip” return to recession.

The millions around the world who lost homes and jobs are demanding answers: How did it all go so wrong? Who is to blame? They are angry because to date, only a few smalltime players have been held to account. No major banking, regulatory or government figures have yet been convicted of any wrongdoing.

Meltdown is the first comprehensive documentary portrait of the worst economic crisis of a generation.


HOUR 1: The Men Who Crashed the World
Greed and recklessness by the titans of Wall Street triggers the largest financial crash since the Great Depression. It's left to US Treasury Secretary Hank Paulson, himself a former Wall Street banker, to try and avert further disaster.

HOUR 2: A Global Tsunami
The meltdown's devastation ripples around the world from California to Iceland and China. Facing economic ruin, desperate world leaders are at each other's throats.

HOUR 3: Paying the Price
The victims of the meltdown fight back. In Iceland, protestors force a government to fall. In Canada, ripped off autoworkers occupy their plant. And in France, furious union members kidnap their bosses.

HOUR 4: After the Fall
Investigators begin to sift through the meltdown's rubble. Shaken world leaders question the very foundations of modern capitalism while asking: could it all happen again?

[ejpoeta]

4. thanks! i wonder if this is on netflix. i will have to find it.