The new HBO original film, “Too Big To Fail”, premieres on Monday, May 23 only on HBO.
Treasury Secretary Henry M. Paulson Jr., Federal Reserve Chairman Ben S. Bernanke, Federal Reserve Retired Chairman Alan Greenspan and Timothy F. Geithner Saved the World!
“Too big to fail is a technical term in regulation and public policy that refers to businesses dealing with market complications related to moral hazard, macroeconomics, economic specialization, and monetary theory.
According to this theory, certain financial institutions are so large and and so interconnected that their failure will be disastrous to an economy. Proponents of this theory believe that these institutions should become recipients of beneficial financial and economic policies from governments or central banks to keep them alive. It is thought that companies that fall into this category take positions that are high-risk, as they are able to leverage these risks based on the policy preference they receive. The term has emerged as prominent in public discourse since the 2007–2010 global financial crisis.” Read More>>>>
THE COLLAPSE OF THE REAL ESTATE MARKET
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Who’s zoomin’ who? As long as the government bails them out they will never fail. Then again the banks own the government. So is one huge circle jerk.
People are fed up…and are not as stupid as they were….we are waking up now. Look out!