Too Big To Fail HBO documentary

  • Posted by a hidden member.
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    May 25, 2011 6:38 AM GMT
    I saw this the other day and watched it again. It centers primarily on the collapse of Lehman Brothers and A.I.G., but I followed this because of Bank of America and Wachovia Hdqtrs here in Charlotte, NC and Wells Fargo, now the owner of Wachovia.

    All I can say is that after seeing this and the research I did when this was going on and seeing what is happening today, I will borrow a title from another documentary about the A.I.D.S. crisis........

    And The Band Played On....





    And the fiddlers still fiddle......
  • SurfInVa

    Posts: 38

    May 25, 2011 6:11 PM GMT
    I dvr'd it and watched it last night.

    I followed along, at the time it was all going down, as well. Especially since my roommate worked for Wachovia (now Wells Fargo) and I had warned him at the time to be prepared to show up to work and the doors be closed. He was like, "that'll NEVER happen". He was surprised a couple of days later when the headlines read that Wachovia was about to go under with hours if somebody didn't buy 'em.

    The number one thing, I came away thinking after it happened, and again after viewing this documentary, is pretty much the same think that's been on my mind for along time. GREED will be the cancer that takes this world down.

    I admire, and like, President Barack Obama, and I think he was a leader in bringing us back from the "brink". But, as with another part of his job, and as it is with any President, it's 'so much' easier to give the order to kill someone, when you aren't the individual pulling the trigger WHILE at the same time, looking the person you are about to kill, straight in the eye.

    Old addage...out of sight, out of mind.

    Same goes here, with greedy rich powerful individuals. They can have feelings and maybe even a conscience, but, as long as they don't have to live the life and walk in the shoes of a person losing a job, or one that can't find one, or one that loses their life savings or their house or can't even afford food to eat, they will just give a big "that's awful and maybe even shed a tear" and then get in their Benz and go to a champagne brunch and review their portfolio to decide whether to buy a 8th vacation home or not to be able to have another place to wind down from all the hard work shuffling imaginary money around.