Watch Too Big to FailLinks to an external site.
Bonus: FREE MOVIE. After you complete this class, grab the popcorn and sit back to watch this semi-documentary story of what happened during the Great Recession of 2007 and the mortgage industry collapse. This movie documents the extreme greed from Wall Street investors. You can click the bottom right corner to select English subtitles. To watch, click the link above. You can submit a summary of your notes ! WARNING: this link will only be available until the last day of this class.
- What does it mean to be "too big to fail"? Definition from Investopedia: https://www.investopedia.com/terms/t/too-big-to-fail.aspLinks to an external site.
- Movie actors & background from IMDB: https://www.imdb.com/title/tt1742683Links to an external site.
- Background info from Amazon Prime Movies: https://www.amazon.com/Too-Big-Fail-William-Hurt/dp/B0089DWJ9KLinks to an external site.
P.S. this film was not "rated", but please note there are some curse words throughout.
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Watch Too Big to FailLinks to an external site.
"In the mid-2000s, Wall Street was booming, with record high bonuses, multimillion-dollar salaries and a rising housing market. But in 2008, it all came crashing down. By the fall, the U.S. financial system, after years of deregulation, was in a free fall with subprime mortgages and predatory lending at the root of the cause. Despite the warning signs, no one believed financial institutions were at risk. As the market tumbled further and further, it became clear that the banks were too big to fail and threatened to create a global meltdown unlike anything seen before."
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