The film tells the story of the global financial crisis that erupted in 2008 , with U.S. Treasury Secretary Hank Paulson ( William McChord Hurt ) as the main thread, documenting the decisions of the powerful figures who decided the fate of the world's largest economy in a matter of weeks. with action. In order to save the global economy and get rid of financial difficulties, not only Paulson did his best, but also Federal Reserve...
more about Too Big to Fail Movie plot
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By Garry 2022-12-29 23:51:37
I always feel ashamed of my bachelor’s degree in economics, and so far I can’t tell the economic crisis in a straight line, but too big to fail has really made me understand a lot. Loans are packaged in packaged securitization, which makes the snowball bigger and bigger. We do live in a credit-based economic society. If the entire credit chain is broken, the entire economy cannot function. This is why the Secretary of the Treasury and the Chairman of the Federal Reserve pay so much attention to...
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By Lina 2022-12-29 13:49:29
Decisions are not made by "gambling"!
If the consequences of a strategy are not grasped as comprehensively as possible before, and effective methods are not formulated for the possible consequences, people will change from active to passive in this game. For those companies that have a major relationship and have a wide range of consequences, such as AIG, these big players in the bull market may become cancer when the bear market comes. Although they know that their operation or structure is unreasonable, they are involved The area...
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By Kaylee 2022-12-23 06:24:53
Financial crises come from greed - banks lend to hordes of people who can't pay
Wall Street packaged mortgages into mortgage-backed bonds, which were then broken up and sold to investors, who made a fortune. So I lobbied the bank to let them take out more housing loans. The bank originally only gave loans to people with good credit. After their appetite grew, they lowered their standards. Ordinary people with low credit and zero down payment can also get housing loans. These ordinary people who got mortgages believed that what the experts did was not...
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By Brionna 2022-12-23 03:07:39
The subprime mortgage crisis in the United States in 2008 is a must-see for anyone who loves finance. The movie itself was well done, needless to say. The deep experience is that when the Great Depression comes, no financial institution can survive on its own, and mergers and acquisitions and government bailouts are better ways. It also shows the essence of the financial industry: licking blood on the tip of a knife. The financial industry shows the most primitive desire and self-interested...
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By Mariane 2022-12-23 02:33:02
Crisis Reflection (2) Too Big to Fail
This is a story set against the background of the 2008 financial crisis, with U.S. Treasury Secretary Hank Paulson as the protagonist, and various dignitaries in Wall Street and Washington mediating and making decisions in response to the collapse of the financial system.
The protagonist Paulson wants to solve the problem of the collapse of the financial system in the United States and even the world. The mess he faces includes the crocodile CEO of the investment bank who is...
