Financial crisis 2008 | FRONTLINE: Inside The Meltdown (6).flv

Learn how Washington hired financial policy makers Greenspan, Paulson, Rubin, Summers, Bernanke to deliberately destroy regulations that protected the United States for 78 years from financial exploitation - and a potential new crisis. The only benefactors are a handful policy makers on top - not you or me, or the average trader, banker, or Wall Street worker.

The mortgage fiasco (toxic assets) is the direct effect of political policies pressed forth by President Bill Clinton and George Bush, which forced banks to lend to low income lenders banks previously had rejected. Topple that with George Bush's toxic and massive spending, equal to the expense budget of 43 presidents, and the country had nowhere to go but towards a financial disaster.

"We didn't truly know the dangers of the market, because it was a dark market," says Brooksley Born, the head of an obscure federal regulatory agency -- the Commodity Futures Trading Commission (CFTC). In the late 1990's she not only warned of the potential for economic meltdown, but also tried to convince the country's key economic power brokers to take actions that could have helped avert the crisis. In the devastating aftermath of economic meltdown, The Warning sifts through the ashes for clues about why it happened and examines critical moments when it might have gone much differently."They were totally opposed to it," Born says of her warning. "That puzzled me. What was it that was in this market that had to be hidden?"

The Warning unearths the hidden history of North America's worst financial crisis since the Great Depression. At the center, veteran PBS producer Michael Kirk (Inside the Meltdown) discovers Brooksley Born, who speaks for the first time on television about her failed campaign to regulate the secretive, multi-trillion-dollar derivatives market whose crash helped trigger the financial collapse in the fall of 2008.

Don't let Washington be in charge of your money. They care only about themselves. Take charge of your finances, investments, savings, and your future today: http://www.wallstreetltd.com

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