Created on Saturday, 05 September 2009 02:13
In Breaking the Bank, Frontline producer Michael Kirk (Inside the Meltdown, Bush's War) draws on a rare combination of high-profile interviews with key players Ken Lewis and former Merrill Lynch CEO John Thain to reveal the story of two banks at the heart of the financial crisis, the rocky merger and the government's new role in taking over — some call it "nationalizing" — the American banking system.
It all began on that fateful weekend in September 2008 when the American economy was on the verge of melting down. Then-Secretary of the Treasury Henry Paulson, his former protégé John Thain and Ken Lewis, one of the most powerful bankers in the country, secretly cut a deal to merge Bank of America and Merrill Lynch.
"This is more than a story about just one man or one bank," says producer Michael Kirk. "This is the story of the most important change in the relationship between government and private business in a generation."
Watch the Full Program Online: BREAKING THE BANK
Other Articles On Be Brilliant COVID-19, CHIMERICA and The Dollar Bubble Who’s Got God’s Millions? Four Horsemen We’re Not Broke The Party’s Over: How The West Went Bust US Economy Special Drive: The Surprising Truth About What Motivates Us The European Debt Crisis Explained An Inconvenient Death Capitalism Is The Crisis: Radical Politics in the Age of Austerity Theft By Deception – Deciphering The Federal Income Tax Of The US Mind Over Money: Can Markets Be Rational When People Are Not? DebtOcracy The City Uncovered Quantitative Easing For Dummies The US Economy For Dummies Money, The Federal Reserve and You The Dollar Bubble Bank Bailouts For Dummies Melt Up: The Beginning Of A US Currency Crisis And Hyperinflation I.O.U.S.A – One Nation, Under Debt Quants: The Alchemists of Wall Street Super Rich: The Greed Game Fiat Empire The Day The Dollar Falls Money, Banking and the Federal Reserve Money As Debt A Short and Simple Explanation of The Credit Crisis The Federal Reserve Is Paying Banks NOT To Make Loans Fed Copies Weimar Hyperinflation The Ascent of Money – “Chimerica” Peter Schiff On Glenn Beck: Inflation Nation Bigger Than Enron ENRON – The Smartest Guys In The Room South Park’s Short and Simple Story of the Credit Crisis Peter Schiff Comments Peter Schiff – Why The Meltdown Should Have Surprised No One Bird & Fortune – Subprime Crisis Sketch The Fabulous Life Of Billion Dollar Wall Street Ballers The Money Masters Meltdown – The Global Financial Crisis of 2008 The US Government Shutdown vs The US Breaching The Debt Ceiling All Roads Lead to Goldman Sachs 6 Things You Must Know To Be A Free-Thinker Karen Horney – Our Inner Conflicts The Zionist Story THRIVE I: What On Earth Will It Take The Corona Virus Insanity The Privileged Planet The Fools On The Hill The Hour Of Our Time: The Legacy Of William Cooper Irene Fogel Weiss – Surviving The Holocaust Symbols Of An Alien Sky The World According to Monsanto The Business of War: How Federal And Private Military Contractors Profit From War “Bush Doctrine” And Never Ending “War On Terror” Supported By Every Single Political Candidate Esoteric Agenda Mad World by Gary Jules A Beginner’s Guide to Constructing the Universe: Mathematical Archetypes Of Nature, Art, and Science The Obama Deception And The New World Order Connection Jon Rappoport – Making Your Work Known In The World Is Religion Based on Ancient Astrology And Sun Worship? How Many People Can Live On Planet Earth? The Obama Deception Michael Tsarion – Rising Above The COVID-19 Designer Chaos Psywar Improbable Collapse E=mc²: Einstein and the World’s Most Famous Equation Lecture: War And Globalization – The Truth Behind September 11th, 2001 Jordan Maxwell – Basic Slideshow re. Hidden Symbols John Barrowman Having Crazy Fun @ Phoenix Comicon The Plan As Stated By U.S. General Wesley Clark (Ret.) Genocide, Worse Than War Our System, Our Structure, Our Illusion Oil, Smoke & Mirrors The Business of War: SOFEX Inside The Milky Way The Great Depression Part 2 of 7 – The Road to Rock Bottom The REAL Pandemic Part 1 of 2: MK ULTRA/Monarch Trauma Based Mind Control of People and Populations Killuminati Life After People No Evidence Of A Plane At The Pentagon (Part 1) THRIVE II: This Is What It Takes Spirit Science – Toroidal Flow Jordan Maxwell – The Inner World Of The Occult (2001) The Manhattan Project Inner Worlds, Outer Worlds Dimensions: A Walk Through Mathematics Don Miguel Ruiz – The Four Agreements Project Camelot interviews Jane Burgermeister about The Avian Flu Invisible Empire – The New World Order Defined Energy War Ken Keyes Jr. – Handbook To Higher Consciousness Before The Music Dies Foundational Falsehoods of Creationism Consuming Kids The Corona virus (‘Wuhan virus’) has an English patent: number EP3172319B1 London Real with David Icke – The Corona Virus/5G Connection Return To Source – Philosophy And The Matrix Mark Passio: The Unholy Feminine – Neo-Feminism & The Satanic Epi-Eugenics Agenda