| The Bank That Bust the World |
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| Written by andrew n | |||
| Monday, 14 September 2009 12:06 | |||
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This documentary from the BBC covers the spectacular downfall of one bank that thought it was invisible and how it's downfall prompted so many blue chip organisations to seek support from their respective governments. I can't believe what they were doing .... financing home owners with 'NINJA' (No Income No Job Accounts). Here's an excerpt from the programme guide: 'In September 2008, the collapse of Lehman Brothers tipped the world into recession. A cast of contributors including national leaders, finance ministers and CEOs describe the tense negotiations in New York and London as the investment institution headed towards bankruptcy. Gordon Brown, Tim Geithner and Alistair Darling reveal the dilemmas they faced and the decisions they took.' Some startling facts:
Watch the documentary on BBC iPlayer
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I don't know why but of late i've been watching a few documentaries related to the state of the current economic climate.
of the moment
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I just received this wonderful surprise of an email from a dear friend. Knowing i'm a bit of a sucker for the arts - he sent me a link to this really cool site. They sell all kinds of art work, ranging from fine canvases to bathroom wallpaper. |
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music
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| 5 random tunes to try - September |
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on the box
| MTV VMA - 2009 |
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