FRONTLINE | "The Warning": Sneak Peek 2 | PBS

http://www.pbs.org/frontline/warning/ In this clip from "The Warning," airing Tues, Oct. 20, FRONTLINE examines the long road that led Brooksley Born to her post as the chairperson of the federal regulatory agency Commodities Futures Trading Commission—a position that pit her directly against the president's pro-business, anti-regulation economic powerbrokers, including Chairman of the Federal Reserve Alan Greenspan.

In the devastating aftermath of the economic meltdown, FRONTLINE sifts the ashes for clues about why it happened and examines critical moments when it might have gone much differently. Looking back into the 1990s, veteran FRONTLINE producer/director Michael Kirk ("Inside the Meltdown," "Breaking the Bank") discovers early warnings of the crash, reveals an intense battle among high-ranking members of the Clinton administration and uncovers a concerted effort not to regulate the emerging, highly complex and lucrative derivatives markets that would become the ticking time bomb within the American economy.

Watch "The Warning" on air and online beginning Tuesday, October 20 on PBS (check local listings) and at http://www.pbs.org/frontline/warning/

Category:

News & Politics

Tags:

• pbs
• frontline
• economy
• financial
• crisis
• alan
• greenspan
• brooksley
• born
• documentary
• banking
• derivatives

[joeybognar]

this is all smoke and mirrors and nothing will get better until we regain control of the federal reserve. In case you didn't know, the federal reserve is a PRIVATE COMPANY. It is not part of the government. So basically our monetary system is run by a FOR-PROFIT company not run by congress.congress is not even allowed to see what is done with our money. Congressman ron paul proposed a bill to audit the fed and it is in your best interests to support this in any way you can

[travelbydragonfly]

Equally as disgusting as this story is that no major tv network has reported on it.

[hotrod4you2]

wow this was deep, everyone owned the some money. sickening, regulation was a little to late! Greenspan, Rubin, Summers stopped regulation, killed americans future for god knows how long? 25-50yrs ? more or less no one knows. brookley knew

[benympls]

Peter Schiff is an interesting person but he still doesnt want to regulate ANYTHING the fed is bad, i repeat i wanna get rid of the fed BUT their not only thing wrong with our economy. Our economy is complicated, anybody who says theirs only ONE thing wrong with it is selling snake venom.

[benympls]

I am against the Fed. BUT getting rid of the fed would be VERY hard to do and we shouldnt wait until that happens for change. Theirs other things we can do that will help, we cant cut off our own noses, in despite of our face.

[rothfuss97]

Warning? Peter Schiff (an evil stock broker) was warning what was going to happen as far back as 2002. Would PBS ever bring that up? No because he knows the real source of the problem.

[FarnsworthIII]

When the Titanic went down, that was the beginning of our impending doom

[blaziermissy]

Brooksley Born: moral and intelligent.

[Licmycat]

The federal reserve is laundering illegal drug money all over the world.

[robb1031]

Free Market Laissez-faire Fantasies

[lialammas]

History is bound to repeat itself  only because some human beings are greedy and silly people.