Really where are investors putting their cash? Isn’t it crazy how mortgage rates continue to rise with higher imports and declining exports, but the FED is yet to lessen cost. Something will eventually break if they keep raising interest rates and quantitative tightening.

It's so sweat of Paulson that he helped out the economy by dumping public money into dumpster fire that he helped create as CEO of Goldman.

I remember this crap. I was laid off. Couldn't find work. Lost my apartment and my car. Had to live with my grandmother while my step mom just called me lazy and that I didn't want to work. No one was friggen hiring and every company was cutting costs and laying off or firing the moment they could.

Hank Paulson sold $485 million dollars worth of Goldman stocks and paid no tax on it. It was a great deal form him to become Sec of Treasury.

Good movie interviewing those (of many) who privatized profits and socialized debts. 2008 left them with no damage and (what this movie is not clearly showing) they were exactly the people who created instruments that crumbled 2008 crisis.

They're not confessing, They're bragging...

Greed is the underlying problem. None of this would have happened if a small group of people with no morals had behaved responsibly and most importantly thought about the average taxpayer.

In light of the ongoing global economic crisis, it is crucial for everyone to prioritize investing in diverse sources of income that are not reliant on the government. This includes exploring opportunities in stocks, gold, silver, and digital currencies. Despite the challenging economic situation, it remains a favorable time to consider these investments.

It’s hard. And sad it feels like history is about to repeat itself again. This year or very soon.

It’s hard to watch these people celebrate and be honored in this video when we’re still dealing with the after effects. “Accountability Zero” would be a better title.

Ironically most of the people that were interviewed for this film were the ones that refused to speak in “Inside Job”.

It's shocking disparity in how rich institutions see their behavior as "risky" while any normal person would see it as "stupidity".

Interesting how they don’t cover that many of these people years before lobbied for deregulating banks - which caused this.

These "Master's of the Universe" wickedly and WILFULLY constructed the 2008 financial crisis

Vice and HBO carrying water for the people that caused this. That's like someone take a dump of all over your house, wiping up a little bit of it and then saying "ah, that seems good enough, bye"

What an amazing crime story.

This "documentary" is an unbelievable piece of propaganda. Good Lord.

no wonder there all so happy. they're all retired millionaires who didn't have to suffer the consequences of the crisis

Imagine thinking your handyman is calling you and it’s actually Warren Buffet

I think the whole Occupy Wall St/Tea Party fallout could have been avoided if some of the big players were sentenced to jail. As Rahm Emmanuel said, there had to be some Old Testament justice and if they weren’t going to loose their bonuses then there had to be an alternative.

It is amazing to think about this moment in time’s impact on the culture in the USA. We like to think that we’ve “recovered.” Financially and economically, sure. Culturally…this is something that will impact our decisions for generations to come.

These folks weren’t heroes. They failed everyone. They let this go on until the brink.

I have like 5-6 corporate/financial catastrophe documentaries i like to watch 1-2 times a year. This is one of them, alongside inside job. I love watching both back to back. What strikes me about this one is just how many times the big players in this (paulson, bernanke, bush, geitner, the bankers) all contradict themselves, sometimes within 2-3 sentences lol. "I have always been a free market guy, the government should never intervene. But when the market needs almost 2 trillion dollars in bailouts, we need to give the government unspecified and wide ranging powers to save the markets" The whole metaphor of the squirt gun and bazooka is also such a massive contradiction. "We need these powers but will never use them. But if we dont get these powers, the economy will fail. But dont worry, we wont use the bazooka, we'll just need it to scare people who are scared." And these people used the bazooka as soon as they got it to federalize fannie mae and freddie mac. Like come on... Fannie and freddie are also part of the contradictions bc of the "implicit guarantee" or whatever they called it. "It diesnt exist in paper, it was just assumed. But no where was it stated that the government would guarantee the loans. So thats why we needed wide ranging government powers to federalize them". I felt like when paulson was explaining the implicit guarantee or whatever he was acting as if this would never ever happen. They make statements similar to this one time and time and time and time again. And i think thats what bothers me the most about this specific documentary. The people who created this mess 30 years ago are trynna come off as the heroes because they "fixed" the mess and prevented societal collapse. Its like mass shooters who kill themselves after killing 10 people in a mall and saying "hey at least i killed myself too so i know i was doing something wrong". Please The Morgan Stanley dude using his southern aristocrat accent he picked up at cotillion class to act like he had no idea how this happened lmfao "all of a sudden we were looking at all this data" uhhhhhhhhh isnt that the entire basis for investment banking? How the hell did you get to be CEO of one of the largest banks ever and have such a derisive tone towards "data". Makes you wonder what wouldve happened and how bad this wouldve been if Fuld, Paulson, Dimon and all these other clowns actually knew what they were doing. What would the bailouts have been like then? 5 trillion? 10 trillion? I mean jesus christ the fact no one was hung in the middle of times square for this is such a shame

I'm curious to know if the day will ever come when an administration will leave the country in better shape than when they took office. Not one has lowered our national debt. Not one.

Print more money, issue more debt, inflate your way out of financial mismanagement. Kick the can down the road. It doesn’t matter until it matters and the whole situation has no resolution. That collapse can be delayed, however the day will arrive.

It is funny how the market guys somehow wanted the gvt to step in to support banks. But, Regs since the Great Depression protected investment banks from themselves to avoid unfettered greed. Quantitative Easing is another example of enabling more greed

But not a word about the deregulation caused by Gramm-Leach-Bliley Act, and significantly, though the repeal of that legislation could have been an integral part of the deals, it was never even considered.

Great video! I liked the phrase 'the UK was not going to import the US cancer'😂. But looks like the Brits eventually did, not vis-a-vis Lehman Bros, but the rest of the banking crisis!

I look forward to watching the follow up entitled `Panic: The Untold Story of the 2023 Financial Crisis.`

I’ve seen this before, and even have family that personally dealt with some of these ‘characters’… many of them were viewing this whole thing as a board game. Many of them didn’t take a hit worth mentioning. Seriously, ‘rushes on money-making schemes equal ‘bubble’’ and bubbles pop. Best advice I was ever told, if you see ‘make money quick’ schemes on late night TV… don’t do it, party’s over, and the sharks are circling to eat what chum is left

Another re-upload?

58:33 ...and I've thought I have problems ... This meeting OMG 😅😅😅

I'm keeping with me Paulson's quote: they were too big to fail... and he did nothing about it, and nobody has done it ever since... to me it was the beginning of the deterioration of the capitalism as we knew before 2008.

Typically American to blame someone else for their mess, or not helping them get out of their mess

The title claims thus to be an untold story. That, of course, is utter nonsense and misleading. People who falsly advertise videos should be banned.

You're telling me that an UNCONDITIONAL $700 BILLION BAILOUT WAS PUSHED BECAUSE A DUDE HAD A BIT OF ANXIETY?!?! Like are you freaking kidding me, this is the DAILY LIFE of the people that the money they were given came from! What in the mother fuck is that. Wow.

Great film.

Sincerely, I'm not sure if investing at this time is a good option. Pay attention to how often things fall apart. Despite reading charts and predictions from renowned investors from the past and present, I'm still seeking for a better way to invest my money because I still have some time before retiring. I want to create a strong and trustworthy portfolio in order to produce passive income.

Looks like the producer of this video doesnt quite understand. Its not that people didnt understand the response, its that they were angry(rightfully) that the system is set up like that. That was the problem.....and it still is! We are putted against eachother and slaves to the stock market because the only hope for retirement is that they or at least the companies in one's portfolio. The stock market isn't the economy. Often when the stock market is doing well the REAL economy is terrible. Whats the point of keeping them in business for the sake of an IRA or 401K when people can't afford to live now?! I did everything "right" if not more. I contributed a matched 5% of each check for almost 2 decades into a "low risk" IRA. It was wiped out in 2008. In fact it went to negative because I was still being charged "management" fees! I spent the next 12± years doing it again and adding any kind of "extra" money to help make up for it.....and the pandemic wiped that all out. I wpuld have been better off buying Nintendo games! They went up hundreds of percent in that same time. Wealth addicts are ripping the copper out of our society and we call them the "people of the year"....and make films trying to rehabilitate the same types of people that did that their whole lives. The same kinds of people who apparently not only didnt think that home prices would go down, but bet everything that they would keep going up as they had been. The people that caused it, went on to do it again(with bonuses) while those who had nothing to do with it still suffer today. The system is literally obscene!! My only hope is that I die before I reach retirement age and that my life insurance will pay my kids school loans or maybe get them a car. We didn't defuse the "bomb" we just added more fuse. Yes it "recovered" , but recovering means getting back to how something was. How it was, and still is, is the "bomb". We need to change things before it goes bad, not while it is.Rant. rant.

I know I’m going to be president? That’s the most dangerous thing I’ve ever heard.

The best line in the move, "This is a slippery slope to socialism" and here we are in July 2023 with a FED NOW digital currency on the way.. When you look back in time nothing changed, they just kicked the can further down the road, and provided tons of liquidity to the opps.

Who mixed the sound on this? The music is way too loud.

All these people are criminals! How many went to jail for their crimes? The bad thing is that they are not done. We’re in a worse spot and this will be insanely worse. They will try to get away with this again but what is coming next no one will be able to escape

A lesson for the average person to not invest in something you do not understand. NFT's, bitcoin are just other manifestations of this idiocy and greed.

COMON USA PRINT MORE MONEY

all i want to know now is the trumpet song in the 49 minute

@42:25 ... just as well. in a few months the UK will be bailing out RBS ... so Lehman would have been too much for the UK

One thing is clear. These people think they’re smarter than us and know what’s best for us.

Essentially those 3 guys and the banks CEOs are heroes thats the sense i ve got. They meaning the CEOs didnt want to take the 25b dollars but were like ok if its in public interest we will do it😅

It is surprising to see all these characters, these protagonists of the events acting as themselves, but..... Editor: the background music and sound efects were too loud for most of the "movie" that it covered the voices of the "actors".

Economic investigator Frank G Melbourne Australia 🇦🇺 still watching this very informative content cheers Frank

Unwatchable. Who mixes these films??? The underlying music is way too loud and distracting. Why does there have to be music when people are talking and you want to listen? Are such documentaries nowadays made for 15 year old kids that need music everywhere to stay interested? Maybe focus on information instead of cutting a music video.

the one we're heading into now won't be as easy.

Imagine if they cared about the people as much as they cared about their pockets.

That was a chance for the U.S. to take over all banks. We lost that chance. We bailed out the rich and left the poor in the dirt.

Leonardo Javier Chile Curicó ❤❤❤❤

Banks should be government run and nationalized businesses, ya wanna gamble and pull shit like this, do it with your own money, not public finances >

In the telling of the greedy tale that almost destroyed all of us globally 😢”not only were they bailed out, they were ungrateful”😂😂 just summed it all up.

I want one of these for the Pandemic

i worked for Triplex in Ireland . A sub of Pilkington UK. It did not take long to realise that managment were responsible for the decline

I wish the government would come to this comments section. So many experts here who can tell them how they would have done it better

"If you got bajucka and people know it you have, then you don't have to take it out" - It made my day.

31:37 People stopped mortgage's payments, that was the base of the problem plus bad government regulations regarding guaranty of every mortgage allowing two, three mortgages above each house, it was the crisis already, sooner or later this will be a huge breakdown.

Heavy Lies The Crown...👑

I think the series by Frontline "money, power, Wall Street " is the the best perspective on this crisis.

Almost 20yrs later, because they put a billion dollar bandaid on it, here we are, yet again. Different characters, same play 😂😂😮‍💨

people who should b behind bars.... r in front of cameras.

Title should be: "FED, Treasury Postpone Fall of American Empire until 2023" Subtitle, "Jim Cramer STILL getting it totally wrong"

The music covers what people are saying, as if done on purpose.

I never saw HBO as the wall street propaganda arm. Until today.

INSIDE JOB / THE BIG SHORT are excellent movies on this.

American Incompetence has continued at all time highs since this crisis

What a JOKE!!! They caused it all from their greed and they got bailed out to continue to do it!!!

Henry Poulson was a prime mover for deregulation pre crisis?

Just out of interest, what happened to all the people who got forclosed and lost their savings, or doesn't anyone care about them?

I think regular people understand the problem of being interconnected with corrupt financial companies that if they fail it affects everyone else. Kinda like being held for ransom. It’s unacceptable and being too big isn’t an excuse for the unethical practices of Wall Street.

Most people venture into crypto to be a millionaire meanwhile I just want to be debt free

Im curious where this tax payer profit went off to.

Wow, just , wow. I expect that those deeply involved in creating the crisis should find humility, deference, and vow to create a better tomorrow. I was given a great gift at this time to work for a growing company, thriving, an incredible shining city on the hill during this crisis which my family did not have to experience the depths of this problem.

The amount of fraud and criminal activity that took place during this engineered financial crisis is astounding and they got away with it. And left thousands tens of thousands of people homeless. Unbelievable

Yes most of the over 20 Investment Banking were founded by Jewish immigrants from Europe. No wonder Mahathir hated US Investment Banking.

There it is. The long-term problem was there admittedly in the program. That lopsided attitude that has been dominating since the 1980s. Bernanke initially believed the free market would solve everything. Paulson believed in a gov't hands-off economy. And Bush believed it as well. He even proposed privatizing Social Security. Knowing these guys, assumingly giving it to Wall Street without much oversight. In light of what happened in 2007-8, imagine what would have happened to the world's largest pension fund under those conditions. That is what all got us into trouble. And that lopsided BS continues.

I would say few good men live to somewhat acknowledge all there greed and darkness inside their heart.

Things are about to repeat themselves

Well, at least a bunch of the people responsible were prosecuted and sent to prison,...oh wait,......

Just wait until 2024 if you thought GFC was bad.

Jamie : $29 B ? No.

This is not 2 week ago it's about 3-4 years before ain't it?

That background music is so F*((( loudly

Honestly at this rate I wondered what it would have been like if they did absolutely nothing and see if the people be kicking themselves rn for thinking in such a close-minded manner

Back in 1776 Adam Smith advised that the motivations of capital amount only to extortion. The etymology of the word capital refers to barbarian tribute when cattle were wealth. The word for war has the same foundation. This crisis was the jolt of the dark financial world becoming a major player in the entire global finance structure.

Hello everybody from China. We are fxxx up as well here. Take care, bye!

when banking system abuse the government... they will have control ... and will still ask the government for a bail.out government policy must be strict ... because money is reciprocal to life

how come i didnt know about this when i was 17?

These guys are all talking like they are Reacting to a pot of water that boiled over in their kitchen... when in fact they are the ones that turned up the heat in a frenzy of Greed...

The fact is real story is still untold ! Who really were actually responsible. What was actual magnitude of the crisis. Who gained without losing anything. Who lost everything without getting anything. How was each penny of 700 billion- gosh what a random figure, because people would not mind if it's 500 or 700-was spent. Whether the crisis was buried deep down or averted or actually solved. Can anyone enlighten?

It reminds me of things that some developing countries doing business look like

thank you president Bush , hank , steve gaithner

And the pillars of power shall crumble under their own greed and indifference.

Resume @0:57:50