Fat that can't be cut

Trycia 2022-12-15 22:22:10

(I just wrote down my rants and thoughts during the movie watching, it can't be called a comment)
1. "Hank has been borrowing money everywhere with his head in his hands..." This sentence is seriously poking fun!
2. We need a similar documentary to let everyone see how the Chinese government works, but I think this can only be a fantasy. . .
3. In fact, the United States is the same as China's powerful companies, and the CEOs are all old
4. China and Russia are the largest creditors of the United States. When bonds are sold, the United States will die. collapse. Compared with China, Russia is a ruthless character, but sometimes it is a bit mindless. . .
5. Americans do not have a favorable impression of British businessmen. When British people do business, they usually talk about nothing and worry about all kinds of things. Anyway, the United States and Britain have not been friendly for a day or two.
6. The British FSA played the Yankee and made Lehman Brothers decisively bankrupt. The United States is super sad, and it is estimated that it will be cursed in my heart.
7. Why did Lehman recite so little? The Fed did not go through the legislative process to save Bear Stearns, save AIG, and indirectly save Merrill Lynch, but gave up Lehman alone. . .
8. To understand the economic system of the United States, you must have a full understanding of its political system, in order to clarify their respective divisions of labor, and to understand the process of dealing with crises.
9. After 57 minutes, too big to fail finally appeared. It was talking about AIG
10. I still didn't understand, if companies all over the world go bankrupt, wouldn't they be on the same level again? How global integration. . How to deal with bad debts in the global economy.
11. I need a catch-up class on what the Republicans and Democrats stand for.
12. The Great Depression of 1930 is a subject that never ends, and the alarm bells must be ringing.
13. The Wall Street is a magical place, where the game between bankers and the government is always played.
14. Too big to fail. . I can say that Chinese companies have taken a fancy to this point before they have the strength to make it bigger. . .

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Extended Reading

Too Big to Fail quotes

  • Henry Paulson: [TIREDLY] The Fed can lend to non banks under unusual and exigent circumstances, we're thinking of taking over 80% of the company.

    Jim Wilkinson: [INSISTENTLY] Hank we can't! This morning we were lecturing the entire country on moral hazard.

    Henry Paulson: [INCREASINGLY ANGRILY] AIG has collateral, they have assets, Lehman didn't, we couldn't lend into a hole, its not the same story!

    Jim Wilkinson: [PLEADINGLY] Nobody is going to care, its another bailout, with no legislation, the Hill is gonna go crazy, the country is gonna go crazy.

    Henry Paulson: [ANGRILY LECTURING] The plane we flew in on this morning leased from AIG, construction downtown AIG, life insurance 81 million policies with a face value of $1.9 trillion. Billions of dollars in teachers' pensions. It's everywhere, you want "too big to fail" here it is! You got a better idea... the suggestion box is wide open!

  • Mack's Assistant: Tim Geithner's calling again.

    John Mack: Cover your ears. You tell Tim Geithner to fucking blow me. I'm trying to save my company.