Monday, April 28, 2014
Inside the Meltdown Comment
I found this documentary very interesting. I never realized how many companies on Wall Street went into trouble. I've heard of the problems with Fannie Mae and Freddie Mac, but I never really knew what was going on and I think this video did a good job of explaining it. I also never realized that all of the companies on Wall Street are intertwined, and when one falls the rest will, kind of like the domino effect. It must have been really hard for people like Paulson to make the decisions he did, especially because they went against what he believed in.
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Thanks. I also think it was tough for Paulsen and Bernacke et. al...
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