BBC - The Love of Money S01E02 The Age of Risk (2009)
English | Subtitle: English | PDTVRip MVGroup | AVI | XviD 704x400 1491Kbps 25fps | AC3 256Kbps 2CH 48KHz | 00:58:36 | 746MB
Last September the collapse of Lehman Brothers tipped the world into the greatest financial crisis for eighty years. Now, one year on, , the BBC offers the definitive account of what happened. An unrivaled cast of contributors from national leaders, finance ministers and CEOs describe their tense negotiations in New York and London as Lehman Brothers headed towards bankruptcy. The likes of Gordon Brown, Tim Geithner and Alistair Darling reveal the dilemmas they faced and the decisions they took. This programme explains why the collapse of one bank had such disastrous consequences for the world's economy heralding the global recession.
S01E02 The Age of Risk
This features a major interview with Alan Greenspan and puts the current economic crisis in the context of the last two decades of history. We examine the confidence underpinning two glorious decades of boom. It shows how we changed our attitude to risk and consumers borrowed more, banks lent more and – above all – governments stepped back from regulating any of it. At the heart of it all is Alan Greenspan who, for 20 years, was one of the most powerful people in the world and a committed exponent of free markets. But then, in October 2008, just a few weeks after the catastrophic collapse of Lehman Brothers, the man whose ideas influenced the world admitted he just might have been "partially" wrong.Screenshots
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