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FRONTLINE | Breaking the Bank | PBS

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Uploaded by on Jun 12, 2009

http://www.pbs.org/frontline/breakingthebank/ FRONTLINE's reveals the inside story of two banks at the heart of the financial crisis—Bank of America and Merrill Lynch—the rocky merger, and the government's new role in taking over the American banking system. "Breaking the Bank" airs Tuesday, June 16 at 9 pm on PBS (check local listings).

The bets were huge and risky—billions of dollars on the housing market. The upside was undeniable—superbanks reaped billions of dollars, dominated the landscape, and gobbled up competitors. Then the bottom dropped out—the massive losses on Wall Street nearly broke the banks. In the worst crisis in decades, brand name banks are on the brink. Now as the federal government implements an unprecedented intervention in the industry, FRONTLINE goes behind closed doors to tell the inside story of how things went so wrong so fast and to document efforts to stabilize Wall Street. Veteran FRONTLINE producer Michael Kirk (Inside the Meltdown) untangles the complicated financial and political web threatening one particular superbank—Bank of America.

Watch "Breaking the Bank" on air and online beginning Tuesday, June 16 on PBS (check local listings) and at http://www.pbs.org/frontline/breakingthebank/ .

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  • where are the PERP WALKS like we had in the enron era of crime......aint any.....ITS ALL ONE BIG WHOREHOUSE.

  • I love "Frontline"! This topic on the financial meltdown is endlessly fascinating. Here's another episode I can hardly wait to see. Thanks "Frontline" and PBS!

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All Comments (12)

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  • Ah didn't catch he was an infotard, thanks!

  • you dont have to its all rigged, every single channel is rigged with propaganda.

  • Obviously these statements are supposed to sound controversial and counter-intuitive. Watch the special before you judge.

  • You sure nailed it there Bro!

    PBS is just another propaganda machine these days.

    "This country's finished" -George Carlin R.I.P.

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