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 9/11 Revisited: Scientific and Ethical Questions The Panama Papers and The OTHER Whistleblower Story That You’re Not Being Told About, namely VAXXED Bible Myths And Their Paralells In Other Religions Project Camelot: Ole Dammegård – Assassinations And False Flags Stewart Swerdlow: The Montauk Project – An Insider’s View Friedrich Nietzsche – Thus Spake Zarathustra The Coca-Cola Case The Secret Government The Great Depression Part 6 of 7 – To Be Somebody Leuren Moret: Depleted Uranium and 9/11 Big Bucks, Big Pharma: Marketing Disease & Pushing Drugs Terry Cook – Mark of The New World Order Jim Humble – The Miracle Mineral Supplement Of The 21st Century The Fog Of War – Eleven Lessons From The Life Of Robert McNamara 9/11: Press for Truth Jay Parker at the Free Your Mind 4 Conference (2016): Humanity, The Programmable Species New Earth Project Online Seminar – The Line In The Sand (Streamed Live on October 2nd, 2020) 9/11: An In-Depth Study, No Conclusive Evidence Of Airplanes Scientific and other Educational Resources More Proof The Music Industry Is Fake Hollywoodism The Malaysian Airliner Isn’t Missing – It Is Exactly Where Somebody Has Designed It To Be Bill Hicks – Revelations (1993 – Uncut) 9/11: Continuous Pieces The Gulf Stream And The Next Ice Age David Crowe – Flaws in Coronavirus Pandemic Theory The Living Matrix The Wisdom of Beethoven How Europe Created Adolf Hitler Jerry & Esther Hicks – ‘Abraham’ Merlin Stone – When God Was A Woman The Transgender Phenomenon and The Transhumanism Agenda Ilan Pappe: History of Israel – Stolen Land Of Palestine The Revelation Of The Pyramids Apollo Zero Dan Millman – Way Of The Peaceful Warrior Fat, Sick & Nearly Dead Benjamin Hoff – The Tao Of Pooh Nazis: The Occult Conspiracy Michael Tsarion On Astro-Theology and The Subversive Use Of Symbolism in Media & Advertising Cathy O’Brien at the Free Your Mind 2 Conference (2013) – TRANCE Formation of America The Free Hugs Campaign Presentation: Michael Tsarion – Age Of Manipulation Michael Tellinger – Ancient Civilizations, Free Energy And The Ubuntu Movement The Corona Virus Insanity Neale Donald Walsch – Conversations with God : An Uncommon Dialogue – Book 1 The World Economic Forum’s Plan for the Destruction Of Life On Earth and Why Their Plan Is Going To Fail A Message To Humanity Project Camelot interviews Jim Humble, The Man Behind Miracle Mineral Supplement The Great Depression Part 4 of 7 – We Have a Plan Dr. David Ray Griffin – 9/11: Let’s Get Empirical We Become Silent – The Last Days Of Health Freedom A Message From The Wombat Why You Really Need To Stop Watching So Much Television Thom Hartman – The Last Hours Of Ancient Sunlight Defamation The Zionist Story