Too Big to Fail

Year: 2011

Country: USA

Plot: A close look behind the scenes, between late March and mid-October, 2008: we follow Richard Fuld's benighted attempt to save Lehman Brothers; conversations among Hank Paulson (the Secretary of the Treasury), Ben Bernanke (chair of the Federal Reserve), and Tim Geithner (president of the New York Fed) as they seek a private solution for Lehman's; and, back-channel negotiations among Paulson, Warren Buffet, investment bankers, a British regulator, and members of Congress as almost all work to save the U.S. economy. By the end, with the no-strings bailout arranged, modest confidence restored on Wall Street, and a meltdown averted, Paulson wonders if banks will lend.Financial leaders spring into action when the U.S. economy falters in 2008. With just weeks to go before the country plunges into the most devastating financial crash since the Great Depression, the powerbrokers on both sides scramble to pull the failing economy back from the brink of disaster.    

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