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As “Too Big to Fail” opens, Lehman Brothers, the nation’s fourth largest investment bank, is deep in crisis. The firm’s long-time CEO, Dick Fuld (played by James Woods) , is desperately trying to find investors willing to bail the company out of its staggering losses. As a last resort, Fuld calls U.S. Treasury Secretary Hank Paulson ...
Too big to fail is a term that describes banking and financial institutions with a significant economic influence on the international financial system, and the failure of which could adversely affect the global economy. When these inter-connected banks and institutions begin to fall apart, governments come out to their rescue either via ...
The HBO film “Too Big to Fail,” based on a book about the financial crisis of 2008, uses every cinematic trick in the book, but ultimately succeeds because we know that the danger was real.
On this week’s On the Media, what the data says about how boys and men are struggling today. Plus, the history behind Ticketmaster’s dominance in the live music industry, and how Hollywood trust-busting in the 1930s and 1940s unleashed an era of indie films. 1. Richard Reeves [ @RichardvReeves ], a senior fellow in Economic Studies at the ...
About Too Big to Fail. Brand New for 2018: an updated edition featuring a new afterword to mark the 10th anniversary of the financial crisis The brilliantly reported New York Times bestseller that goes behind the scenes of the financial crisis on Wall Street and in Washington to give the definitive account of the crisis, the basis for the HBO film
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