Thread: MELTDOWN: The men who crashed the world - Video

Weekend Movie: MELTDOWN: An Investigation Into a World of Greed and Recklessness that Led to Financial Collapse (Parts 1 and 2)

Mac Slavo
October 1st, 2011
SHTFplan.com
77 Comments

The first and second parts of the Al Jazeera investigative report (in documentary format) that reveals the causes, inside players, and the machinations leading up to and following the financial crisis that rocked the world in 2008.

If they have no qualms about crashing the world economy and impoverishing tens of millions around the globe, what else are they capable of?

Part 1: The Men Who Crash the World http://www.youtube.com/watch?v=ZWU65Zbka4E

Part 2: A Global Financial Tsunami http://www.youtube.com/watch?v=pqBlVBhv0ag

Part 3: Paying the Price http://www.youtube.com/watch?v=JBhAvUTW5ZE

Part 4: After the Fall http://www.youtube.com/watch?feature=pl ... ZwMIIJLWOw

http://www.shtfplan.com/comedy/weekend- ... 2_10012011

Meltdown - The Conclusion: "After The Fall"

Submitted by Tyler Durden
10/02/2011 18:00 -0400
Comments: 117 / Reads: 9,842

Previously, we brought you parts one, two and three of the Canadian must see documentary "Meltdown." In this final episode "After the Fall", we hear about the sheikh who says the crash never happened; a Wall Street king charged with fraud; a congresswoman who wants to jail the bankers; and the world leaders who want a re-think of capitalism. As one world leader handles the crisis through denial, other leaders try to re-think capitalism. Even though the causes of the 2008 meltdown are now clear, there is no magic formula to stop it from happening again. The world has to start planning for the next crisis, even as we recognise that this one is not over yet.

pt 1/4 Meltdown - The Secret History of the Global Financial Collapse.2010. http://www.youtube.com/watch?v=ZWU65Zbka4E

pt 2/4 Meltdown - The Secret History of the Global Financial Collapse.2010. http://www.youtube.com/watch?v=pqBlVBhv0ag

pt 3/4 Meltdown - The Secret History of the Global Financial Collapse.2010. http://www.youtube.com/watch?v=JBhAvUTW5ZE

pt 4/4 Meltdown - The Secret History of the Global Financial Collapse.2010. http://www.youtube.com/watch?feature=pl ... ZwMIIJLWOw

http://www.zerohedge.com/news/meltdown- ... after-fall

Meltdown Part 1: "The Men Who Crashed The World"

Submitted by Tyler Durden
09/29/2011 11:47 -0400
Comments: 186 / Reads: 31,965

When it comes to financial collapse documentaries, the public canon has one well-deserving Oscar Winner, "Inside Job", and one straight to HBO exercise in ass kissing and name dropping which shall remain nameless. Ironically, just like during the Arab Spring, it is that "dubious" Al Jazeera that shows US media how coverage of various matters, either geopolitical or financial, is done. Herein we present the first episode of Meltdown, in which we hear about four men who brought down the global economy: a billionaire mortgage-seller who fooled millions; a high-rolling banker with a fatal weakness; a ferocious Wall Street predator; and the power behind the throne. Considering we are about to experience the next Great Financial Crash, since nothing has changed at all since 2008, this should serve as a prominent reminder of all that happened, and a flashback to the future, of all that is certain to occur all over again.

The crash of September 2008 brought the largest bankruptcies in world history, pushing more than 30 million people into unemployment and bringing many countries to the edge of insolvency. Wall Street turned back the clock to 1929.

But how did it all go so wrong?

Lack of government regulation; easy lending in the US housing market meant anyone could qualify for a home loan with no government regulations in place.

Also, London was competing with New York as the banking capital of the world. Gordon Brown, the British finance minister at the time, introduced 'light touch regulation' - giving bankers a free hand in the marketplace.

All this, and with key players making the wrong financial decisions, saw the world's biggest financial collapse.

Part 1 of "Meltdown"

The Men Who Crash the World http://www.youtube.com/watch?v=ZWU65Zbka4E

http://www.zerohedge.com/news/meltdown- ... shed-world

Meltdown Part 2: "A Global Financial Tsunami"

Submitted by Tyler Durden
10/01/2011 09:01 -0400
Comments: 282 / Reads: 30,761

Two days ago we posted the first episode in the must watch four part "Meltdown" series from Al Jazeera looking at the key events that brought the world to the edge 3 years ago. With the final quarter of the year upon us, and with massive redemption requests hitting deeply underwater hedge funds, not to mention with a macro and micro economic global financial environment that is the worst it has been since the fall of 2008, we once again stand on the verge of yet another Great Financial Crisis. And although our politicians and leaders refuse to learn from the past, we are confident our readers are far more intelligent. Which is why here is the next part in the Meltdown Series: "A Great Financial Tsunami." Because while insanity may be doing the same thing over and over expeting a different result, sheer idiocy is constantly refusing to learn from the past, and expecting a present which "is different this time."

In the second episode of Meltdown, we look at how the financial tsunami swept the world. We hear about a renegade executive who nearly destroyed the global financial system and the US treasury secretary who bailed out his friends.

Henry 'Hank' Paulson, the former CEO of Goldman Sachs and later an economic advisor to the US government; refused to bail out global financial services firm - the Lehman Brothers. Paulson said it was not the role of government to save private businesses.

Lehman's failure had repercussions around the world. Millions of people lost their life savings. Pension plans were decimated.

Christine Lagarde, the French finance minister at the time and a close friend of Paulson's, publicly described Paulson's decision on Lehman "horrendous".

Markets from London and Paris to Shanghai fell. An epidemic of fear caused the world's major banks to stop lending, ending the year in protests and industrial action.

Meltdown Part 2: A Global Financial Tsunami

A Global Financial Tsunami http://www.youtube.com/watch?v=pqBlVBhv0ag

http://www.zerohedge.com/news/meltdown- ... al-tsunami

Meltdown Part 3: "Paying The Price"

Submitted by Tyler Durden
10/02/2011 02:46 -0400
Comments: 183 / Reads: 18,435

We continue the Meltdown series with part three out of four: Paying the Price, which looks at how the victims of the 2008 financial crash fight back. A protesting singer in Iceland brings down the government; in France a union leader oversees the kidnapping of his bosses; and thousands of families are made homeless in California.

Hordur Torfason, an Icelandic singer, leads the way in holding protests over the country's economy, calling for the resignation of the government and new elections. Geir Haarde, the prime minister of Iceland, was surrounded and pelted by the protestors. Haarde soon resigned and the country's government collapsed.

In France, workers fought back to claim their rights. The Continental Tire factory announced its plant would close by 2010, meaning job losses for its 1,120 employees. Workers occupied offices and trashed the place in protest. Protests spread right across France and Europe.

As the grim toll of the financial crisis continues to mount around the world, many governments are looking for the true causes of the meltdown. In many cases, what they are discovering amounts to a crime.

Incidentally, we want to point out that we incorrectly identified Al Jazeera as the source of these non-fictional accounts. The Arabic media network is just a distributor: the original source is CBC Canada. That said, we are confident the fringier elements will simply resume their calls for some grand propaganda conspiracy only this time they will blame Canada...

Part 3: Paying the Price http://www.youtube.com/watch?v=JBhAvUTW5ZE

http://www.zerohedge.com/news/meltdown- ... ying-price

Meltdown - The Conclusion: "After The Fall"

Submitted by Tyler Durden
10/02/2011 18:00 -0400
Comments: 122 / Reads: 10,514

Previously, we brought you parts one, two and three of the Canadian must see documentary "Meltdown." In this final episode "After the Fall", we hear about the sheikh who says the crash never happened; a Wall Street king charged with fraud; a congresswoman who wants to jail the bankers; and the world leaders who want a re-think of capitalism. As one world leader handles the crisis through denial, other leaders try to re-think capitalism. Even though the causes of the 2008 meltdown are now clear, there is no magic formula to stop it from happening again. The world has to start planning for the next crisis, even as we recognise that this one is not over yet.

Part 4: After the Fall http://www.youtube.com/watch?feature=pl ... ZwMIIJLWOw

http://www.zerohedge.com/news/meltdown- ... after-fall