Dispatches: How the Banks Bet your Money (Ch 4) 2008 02 18 avi

Dispatches: How the Banks Bet your Money (Ch.4) 2008 02 18 avi (The title understates the crime: this is a of story calculated greed combined the stupidity and a level of incompetence bordering on complicity by regulatory authorities. It calculates the material losses we will all pay but just adequately the real human suffering it entails.) (This documentary looks lucidly at the American sub prime mortgage mark has wrought havoc with poor home owners and cost 100s of billions of dollars in losses by reckless greed. Losses everyone will pay for directly and in recession that is now likely to follow. A clear explanation for the non-expert. As usual, the American media gives its public sound bites. The origins of the plot are firmly in America) Flagship current affairs program covering groundbreaking reports that often set the news agenda. The global credit crunch has put Britain's banks in a crisis that may even trigger a recession. John Moulton explains how bankers gamble for fast profits and big bonuses and why the taxpayer will be left to pick up the tab. up~shunster thebox.bz Duration: ~48mins File Size: 400MB Source: PDTV Audio: MP3 128kbps, 48KHz Video: 2PASS XviD 624x352 , ~1017kbps

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tremello22 (2008-03-31)

thanks

yang_damian (2008-04-06)

cheers mate

jimmy90 (2008-10-13)

I remember watching this back in February.
I wish at least 1 of the 1000s of useless government and private financial advisers had been doing the same