Too big to fail recounts a part of the 2008 financial crisis, which made me feel that as a regulator of the financial system, every decision is so difficult and important, like walking a tightrope, like a desert traveler drinking poisonous water, sometimes there are A better choice, sometimes no matter which one you choose is wrong. The film begins with the five major investment banks in the United States, the collapse of Bear Stearns, and the shaky period of Lehman Brothers. Paulson is determined to let these speculators learn a lesson and not use public funds to bail it out, but let the private sector jointly fund it. Its non-performing assets undergo mergers and acquisitions. However, the Koreans who were going to buy its benign assets were run away by Lehman President Dick, and the Bank of America was poached by Merrill Lynch (I really laughed when I saw this, Dick exploded, couldn’t believe it, and scolded the federal government’s gang Asshole), so Lehman is still missing, Goldman Sachs President Assistant (?) said that he can't take it anymore, the President said that you are taking a Mercedes-Benz to the Fed to work, not to the Normandy landing (hhhhhh). Barclays had already negotiated and was ready to buy, but the British Financial Supervisory Authority did not agree, saying it was unwilling to import the tumor. In desperation, Lehman could only file for bankruptcy. Subsequently, AIG had to pay subprime mortgages, and its funds broke, but AIG was too big too fall, and it had penetrated too much into the economy, not only in the United States, but also in other countries. Paulson decided to invest in the acquisition of distressed assets (Dick was going crazy when he read the news), struggled hard in Congress, and later found that the acquisition was too slow and too late, so he had to inject capital into aig and other major investment banks. The story of the film ended here, but the aftermath continued, and it wasn't until 2009 that the market stabilized.
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