The Hidden History of the Financial Crisis

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Uploaded by on Dec 13, 2010

Award-winning investigative journalist Bethany McLean, who exposed the Enron scandal, shows that the crisis wasn't about finance at all - it was about human nature.

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  • If any other business did what they banking system did, they would have to settle damages with all sorts of people.  They committed Fraud. Subprime lenders even had to settle litigation from the fraud. They are the ones who are supposed to know the risk. If a sock companys sells socks under cost and goes broke, yout don't blame the customers who bought the socks for a great price!!

    Many lenders lied on these loans, the contracts should be null and void. No blame to customers then.

  • Interesting stuff. One advice to her: speak slower, full stops are there not without a reason.

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  • @onehundredvoices100 she seems to have fooled the 97 people who gave it a thumbs up

  • CONGRATULATIONS----MISS SPEAKER----YOU GO ON AND ON----AND SAY ABSOLUTELY, POSITIVELY NOTHING. CONGRATULATIONS---YOUR EFFORTS TO SAY NOTHING, HAVE SUCCEEDED.

  • was she kidding when she said "just a little bit of corruption"...if she was it's nothing to joke about...she seems to want to spread the blame around...good apologist for people who really knew what was going on but would later they did not.

  • This is a strange "lecture" because it shows no audience, and the only questions come from the guy sitting near her. I don't trust her.

  • @EclecticSceptic At an even deeper level it was about stagnant growth in the productive sector pushing speculative finance to make profit through these kind of means. These personalities emerged out of that.

  • What a beautiful and intelligent woman!

  • i can find the one villian. its the same villain that has been to blame since eternity. evelyn rothschild and the money changers.

    punch a jew extremely hard in the face ... multiple times ... preferrably while wearing brass knuckles :)

    corner them in abandoned stairwells with a few of your buddies ... that works best!

  • Somehow, she combines smarts with ditzy naivete in a way I can only call 'Minnesotan.'

  • i got 99 problems but a bitch aint one, doesnt mention women once

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