domingo, 25 de agosto de 2013

Num dia em que se vai falar muito sobre o Neo-Liberalismo ... o VoodoCorvo publica, simplesmente, os "links" para este Documentário da Frontline em quatro partes, para a ajudar a recordar e a reflectir sobre o papel do mesmo Neo-Liberalismo na presente crise ...




Money, Power and Wall Street
Episode 1:  Chapter 1 – A Brave New World of Banking: A group of young bankers make history with the creation of the credit default swap market.  Chapter 2: Funding The American Dream: The Wall Street and mortgage lobbies successfully defeat attempts to regulate derivatives.  Chapter 3: Marching Towards The Cliff: JPMorgan reassesses, pulls back from the mortgage market but other banks can’t get enough.  Chapter 4: The Unraveling Begins: When the housing bubble burst, CDS bring the global economy to its knees

Money, Power and Wall Street
Episode 2:  Chapter 1 – Systemic Risk: Bear Stearns collapses; regulators fear its effects on the financial system.  Chapter 2 – The Summer Of Assurances: The financial crisis becomes increasingly obvious, but there’s no decisive action.  Chapter 3 – The Decision To Let Lehman Fail: Paulson bet the markets would take care of themselves but would soon learn he was wrong.  Chapter 4 – AIG Gets A Bailout: A decision by Geithner means billions of US Government dollars flows to Wall Street.  Chapter 5 – A Turning Point?:  Paulson decides on a dramatic use of the TARP money: capital injections to the banks.

Money, Power and Wall Street
Episode 3: Chapter 1 – Obama Inherits A Crisis: The president-elect faces a key decision: Who would serve on his economics team?  Chapter 2 – A Financial Stability Plan: Geithner’s team decides on stress tests, but his speech announcing the plan is a disaster.  Chapter 3 – A Showdown At The White House: Economic adviser Larry Summers suggests it’s time to break up a ‘too big to fail’ bank.  Chapter 4 – The Stress Tests Revealed: The results are positive – with no mention of billions of Fed loans propping up the banks.  Chapter 5 – Summer ’09 – Anger Boils Over:  Obama revives a campaign to reform Wall Street but utlimately leaves the details to Congress.

Money, Power and Wall Street
Episode 4: Chapter 1 – Everybody Was Making Money: Despite the crisis, nothing seems to have really changed the culture of Wall Street.  Chapter 2 – When Derivatives Deals Go Wrong:  Banks promoted swaps to help cities lower debt payments. But then the markets crashed.  Chapter 3 – Europe Was “Cooking Their Books: In the 1990s bankers offered derivatives to countries bidding to join the EU. Chapter 4 – Can The System Be Reformed?: While Occupy Wall Street takes to the streets, another battle is being fought in D.C.

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