The flaw : markets, money, mortgages and the great American meltdown /
Inspired by former U.S. Fed Chairman Alan Greenspan's acknowledgment that he'd found a flaw in his model of how the world worked, 'The flaw' attempts to explain the underlying causes of the financial crisis in more depth than any documentary to date. The film tells the story of t...
| Corporate Authors: | , , , , |
|---|---|
| Other Authors: | , , |
| Format: | Video DVD |
| Language: | English |
| Language Notes: | In English with optional subtiltes for the deaf and hard of hearing. |
| Published: |
Oley, Penn. :
Bullfrog Films,
[2010]
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| Subjects: |
Table of Contents:
- Welcome to Wall Street!
- Parsing the problem
- Greenspan finds the flaw
- The optimism of standard economics
- The efficient market hypothesis
- The anomaly of bubbles
- The explosion of capitalism
- The housing bubble
- The instability of asset markets
- Greenspan's self-stabilizing financial system
- The golden 50s : lowest income inequality
- 70s : income growth only at the top
- The 20s credit bubble as a precursor
- Profit from credit feeds bank bonuses
- Globalization and industrialization hit wages
- Real estate in the Hamptons
- Trickle down asset bubbles
- The dynamics of the housing bubble
- Mortgages in the 20s and the founding of the FHA
- Red-lined districts flooded with credit
- The rise of CDOs
- Liars' loans and no ratio loans
- Predatory lending and the foreclosure crisis
- The refinancing gamble
- Upwards redistribution of American income
- Consolidating debt by refinancing
- Housing bubble bursts
- Not enough time to sell
- Connection lost, people hurt
- Instability of income inequality
- Where are they now?