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-   -   Anyone see the movie, "Too Big to Fail"? (https://gfy.com/showthread.php?t=1023920)

TripleXPrint 05-24-2011 01:38 PM

Anyone see the movie, "Too Big to Fail"?
 
It's an amazing nonpartisan look at what happened during the economic crisis in 2008 from an insider's point of view. It shows the fall of Lehman as well as how close the U.S. was to a complete and utter economic collapse. It also showed how the government was shuffling to broker deals in the private sector to help get rid of the toxic assets the subprime fiasco left a lot of banks holding...especially Lehman.

I loved it because they didn't blame anyone (other than the greedy fucking investment bankers). They would show real life news clips of what happened based on stuff they were doing behind the scenes. It's hard to believe that we were within mere hours of the next Great Depression, or worse. Anyone that follows politics can remember the rush to pass the TARP and forcing banks to accept the capital injections.

http://www.imdb.com/title/tt1742683/

Definitely worth the watch. Educate yourself.

Tempest 05-24-2011 01:46 PM

Yeah it was pretty good... What I found particularly interesting was how stupid they were... Not clearing things with the British ahead of time so the Lehman bros deal fell through.. Not even asking the question as to how long it would take to buy the toxic assets.. "trusting" the banks to lend the money out and just saying "of course they will"... It's just scary how such inept people could be in charge of things that important.

It wasn't just the US that would have collapsed.. Everyone would have... Just look at what happened to Iceland.

TripleXPrint 05-24-2011 03:07 PM

Quote:

Originally Posted by Tempest (Post 18163760)
Yeah it was pretty good... What I found particularly interesting was how stupid they were... Not clearing things with the British ahead of time so the Lehman bros deal fell through.. Not even asking the question as to how long it would take to buy the toxic assets.. "trusting" the banks to lend the money out and just saying "of course they will"... It's just scary how such inept people could be in charge of things that important.

It wasn't just the US that would have collapsed.. Everyone would have... Just look at what happened to Iceland.

It really put things into perspective, that's for damn sure. And you are right about them being so stupid. But they answered that in the movie, they said no one cared and no one regulated them because they "were making so much damn money".

Gabriel 05-24-2011 04:12 PM

If only the Koreans took the deal... ;-)

hollywoodskincompany 05-24-2011 07:56 PM

Awesome movie. I'm watching it again tonight!

scuba steve 05-24-2011 08:09 PM

heard inside job is a good one like this too, looking forward to them both

JFK 05-24-2011 08:11 PM

watch "Wall Street 2". it's all in there ;)

sadiedazzle 05-24-2011 08:46 PM

I want to see it, but you know who needs more bad economic news in their lives. Just another reminder of just how people get rich by stealing money.
Sadie Dazzle

bronco67 05-24-2011 09:02 PM

I didn't even know it was released yet.

kristin 05-24-2011 09:05 PM

I saw it on iTunes earlier and didn't get it, I will now go download.

TripleXPrint 05-24-2011 09:13 PM

Quote:

Originally Posted by bronco67 (Post 18164531)
I didn't even know it was released yet.

I watched it HBO OnDemand, who knows.

Theo 05-24-2011 09:16 PM

I got the book, but haven't read it yet.

bronco67 05-24-2011 09:17 PM

Quote:

Originally Posted by TripleXPrint (Post 18164557)
I watched it HBO OnDemand, who knows.

Oh yeah, looks like it just came out. I'll check it out this weekend.

Should be a good companion piece to Inside Job.

Vendot 05-25-2011 02:12 AM

It does look good but Ive seen a clip and James Woods looks a bit too wimpy to be Dick Fuld - he should have done more research and acted up a bit more.

Anyway, I wanna see this....... how do you see it in the UK? Is it on cinema release?

Emil 05-25-2011 02:19 AM

It's out? Why is there no torrents out. :(

BV 05-25-2011 05:35 AM

I watched it the other night, it was decent. It sort of reminded me of the PBS Frontline episode: http://www.pbs.org/wgbh/pages/frontline/meltdown/view/

John-ACWM 05-25-2011 07:29 AM

Thanks for the recommendation!

TripleXPrint 05-25-2011 07:46 AM

Quote:

Originally Posted by Gabriel (Post 18164075)
If only the Koreans took the deal... ;-)

Us Koreans are way too smart for wacky round-eye hijinks. I guess you can say us chinks aren't down with the 'jinks. :winkwink:

taken300 05-25-2011 07:55 AM

Yeah "wall street" was a nice one.. Will check it out too... thanks man!!

V_RocKs 05-25-2011 08:19 AM

I thought it was about a fat woman that had to lose weight or die.


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