The 2008 financial crisis shook the world, leaving many to question how such a catastrophic event was allowed to occur. The FRONTLINE documentary Inside the Meltdown helps answer this question by delving into the depth of this crisis and its causes.
The documentary begins by examining the collapse of Bear Stearns – one of the first casualties of this market crash. From there, it looks at other major collapses that occurred in conjunction with it, such as Lehman Brothers’ bankruptcy and the $700 billion bailout for insurance giant AIG. This documentary provides an intimate look at how these events unfolded and what lessons were learned from them.
Inside The Meltdown offers a unique perspective on how this unprecedented financial crisis brought together politicians from both sides of the aisle in an attempt to find a solution that would benefit everyone involved. By showcasing interviews with key figures who were there during these tumultuous times, viewers get an inside look at how those decisions were made and what effect they had on Wall Street.
From understanding what went wrong to analyzing whether our system is still vulnerable to similar crises today, Inside The Meltdown is essential viewing for anyone wanting to gain a more complete understanding of how we got here. It is educational, thought-provoking, and ultimately an important reminder that our economy remains fragile even in good times – something we should always keep in mind as we strive towards greater economic security for all.