The Bank That Bust the World • episode "1/3" The Love of Money

Category: Economics
Download:

In September 2008, the collapse of Lehman Brothers tipped the world into recession. A cast of contributors including national leaders, finance ministers and CEOs describe the tense negotiations in New York and London as the investment institution headed towards bankruptcy. Gordon Brown, Tim Geithner and Alistair Darling reveal the dilemmas they faced and the decisions they took.

The Love of Money • 3 episodes •

The Bank That Bust the World

In September 2008, the collapse of Lehman Brothers tipped the world into recession. A cast of contributors including national leaders, finance ministers and CEOs describe the tense negotiations in New York and London as the investment institution headed towards bankruptcy. Gordon Brown, Tim Geithner and Alistair Darling reveal the dilemmas they faced and the decisions they took.

Economics

The Age of Risk

The programme explains how we changed our attitude to risk, learnt to live with debt and, above all, how governments stepped back from regulating any of it. At the heart of the story is Alan Greenspan, who for 20 years was one of the most powerful people in the world. In October 2008, weeks after the catastrophic collapse of Lehman Brothers, the man whose ideas influenced the world admitted he might have been 'partially' wrong.

Economics

Back from the Brink

In the month that followed the bankruptcy of Lehman Brothers in September 2008, the world stared into the abyss of total financial collapse. The third part of the BBC's definitive series on the crash tells the extraordinary story of how politicians reacted, and asks what has been learnt from the entire calamity. Could it happen again?

Economics

You might also like

The Persuasion Machine

Jamie Bartlett reveals how Silicon Valley's mission to connect the world is disrupting democracy, helping plunge us into an age of political turbulence. Many of the Tech Gods were dismayed when Donald Trump - who holds a very different worldview - won the American presidency, but did they actually help him to win? With the help of a key insider from the Trump campaign's digital operation, Jamie unravels for the first time the role played by social media and Facebook's vital role in getting Trump into the White House. But how did Facebook become such a powerful player? Jamie learns how Facebook's vast power to persuade was first built for advertisers, combining data about our internet use and psychological insights into how we think. A leading psychologist then shows Jamie how Facebook's hoard of data about us can be used to predict our personalities and other psychological traits. He interrogates the head of the big data analytics firm that targeted millions of voters on Facebook for Trump - he tells Jamie this revolution is unstoppable. But is this great persuasion machine now out of control? Exploring the emotional mechanisms that supercharge the spread of fake news on social media, Jamie reveals how Silicon Valley's persuasion machine is now being exploited by political forces of all kinds, in ways no one - including the Tech Gods who created it - may be able to stop.

2/2Secrets of Silicon Valley • 2017 • Economics

One Child Nation

Thirty-five years of relentless propaganda and harsh brutal punishments left the Chinese people living in fear of their country's one-child policy. That rule, which was abandoned in 2015, has left the country with an ageing population and tens of millions more men than women. The documentary's directors, Nanfu Wang and Jialing Zhang, unmask the tightly held, hidden secrets of how the Chinese government enforced its one-child policy and explores its devastating effect. Wang, a new mother now living in the US, travels back to the rural village she was born in and speaks to midwives, village leaders and journalists, revealing chilling stories of forced abortions, sterilisation, abandoned babies and state-sponsored kidnappings. Her own family share the grim choices they were forced to make in order to avoid harsh punishments from the state. With new information on tens of thousands of abandoned and kidnapped children (nearly all of them infant girls), One Child Nation breaks open decades of silence on a vast, unprecedented social experiment that shaped - and destroyed - countless lives.

Storyville • 2019 • Economics

Plutocrats

This documentary travels through a world of joblessness, debt, and economic uncertainty to the sovereign nation of the plutocrats, where each crisis seems to offer a new business opportunity. In America, where the 2008 financial meltdown cost $4 trillion in economic output, fortunes were made by the very people who precipitated the disaster while millions lost their homes and their savings. Austerity in Europe, economic stagnation in Asia, a lost generation of the young and unemployed - signs we are living through a fundamental global reorganization, the result of which no-one can predict. The world of the 1% has arrived, and the wealth gap is now greater in many countries than during the Gilded Age, the era of the Rockefellers, Carnegies and Vanderbilts. Can our stressed democracies deal with the fallout? Or have governments simply become instruments of the new elite?

2017 • Economics

Bitcoin: The End of Money as We Know It

Crash course into the peer-to-peer revolution that is now disrupting banks and Governments. Whatever Bitcoin may be; most people do not yet understand what this controversial and influential innovation is about and how it works. This award-winning documentary answers these questions. Bitcoin: The End Of Money As We Know It traces the history of money from the ancient world to the modern trading floors of Wall St. This film exposes the practices of central banks and other financial actors who brought the world to its knees in the last crisis. It highlights Government influence on the money creation process and how it causes inflation. Moreover, this film explains how most money we use today is created out of thin air by commercial banks when they make loans. Epic in scope, this film examines the patterns of technological innovation and questions everything you thought you knew about money. Is Bitcoin an alternative to national currencies backed by debt? Will Bitcoin and crypto-currencies spark a revolution in how we use money peer to peer?Or is it simply a new tool for criminals and the next bubble waiting to burst? If you trust in your money just as it is, this film has news for you.

2015 • Economics

Das Auto: The Germans, Their Cars and Us

Documentary examining Germany's economic power and the automobile industry at the heart of it. Across the world, the badges of Volkswagen, Audi, BMW and Mercedes inspire immediate awe. Even in Britain, where memories of Second World War run deep, we can't resist the appeal of a German car. By contrast, our own industry is a shadow of its former self. Historian Dominic Sandbrook asks what it is we got wrong, and what the Germans got so right.

2013 • Economics

Saving Capitalism

SAVING CAPITALISM is a documentary film that follows former Secretary of Labor and Professor, Robert Reich, as he takes his book and his views to the heart of conservative America to speak about our economic system and present big ideas for how to fix it.

2017 • Economics