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Most Helpful Customer Reviews
22 of 24 people found the following review helpful:
5.0 out of 5 stars
An absorbing documentary that presents the downfall of multigenerational institutions in plain terms,
By Midwest Book Review (Oregon, WI USA) - See all my reviews
This review is from: Frontline: Inside the Meltdown (DVD)
Inside the Meltdown is an episode of the popular "Frontline" television series, giving the behind-the-scenes stories of the Bear Stearns and Lehman Brothers business collapses that kicked off the present day economic crisis, followed by efforts to support insurance giant AIG and a 700 billion dollar bailout. Inside the Meltdown especially focuses upon the sudden, catastrophic dilemma thrust upon Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke, whose fear of "moral hazard" - the concept that bailing out a failing business will only promote and encourage more failure on their part - had to give way to the larger, possibly economy-destroying threat of a resounding ripple effect stemming from the collapse of giants. An absorbing documentary that presents the downfall of multigenerational institutions in plain terms for viewers of all backgrounds, Inside the Meltdown is especially recommended to public library DVD collections. 60 minutes, color.
9 of 11 people found the following review helpful:
5.0 out of 5 stars
Good, in-depth review,
This review is from: Frontline: Inside the Meltdown (DVD)
I always liked the PBS Frontline series as they tend to be less biased than most documentaries, especially when it comes to politics. I remember seeing the announcement on TV by Secretary of the Treasury Henry Paulson stating that if congress didn't immediately pass the bailout bill, the entire economy would crash by Monday.This video gets into the gory details of the response to the meltdown and why certain things were done and others were not. Bear Stearns, Lehman Brothers, AIG, the catalysts that set off the worst economic downturn since the great depression. If you want a more extensive view of the meltdown, I would recommend watching this in conjunction with FRONTLINE: Ten Trillion and Counting, i.o.u.s.a., and Frontline: The Warning. This combination gives a much bigger picture of the U.S. financial crisis.
8 of 10 people found the following review helpful:
5.0 out of 5 stars
Brilliantly informative and understandable for the layman!,
By
This review is from: Frontline: Inside the Meltdown (DVD)
Brilliantly informative and understandable for the layman. This video should be required watching in the high schools and colleges.
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