Summary: This program explains how the U.S. subprime market grew from the post-9/11 rise of easy credit, which was then exploited by predatory lenders; subsequent widespread defaults and foreclosures; the attendant market correction; and the resulting threat of recession. Yale University's Robert Schiller; BusinessWeek's Matthew Goldstein; Nouriel Roubini, of the Stern School of Business; JPMorgan's...
Format: software, multimedia
Publisher / Publication Date: Films Media Group 2009
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Summary: On Wall Street, private equity firms are buying up corporations and turning them around for huge profits-while America's economic disparities widen. Bill Moyers talks with maverick labor leader Andrew Stern, president of the rapidly growing Service Employees International Union, about the looming gap between working families and the wealthiest Americans. Also on the program: Writer, activist,...
Format: software, multimedia
Publisher / Publication Date: Films Media Group 2007
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Summary: With mortgages entering foreclosure at a record pace, the implications for financial markets-and for ordinary Americans-are far-reaching and severe. For insight into this potential meltdown, Bill Moyers talks with New York Times assistant business and financial editor Gretchen Morgenson, who has covered the story. In addition, Lori Wallach, Director of Public Citizen's Global Trade Watch,...
Format: software, multimedia
Publisher / Publication Date: Films Media Group 2007
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Summary: Focusing on the subprime mortgage crisis, this edition of the Journal travels to Cleveland, Ohio-the heart of the nation's mortgage meltdown. Correspondent Rick Karr examines the state of Slavic Village, where more than 1,000 homes stand vacant and decaying in a neighborhood that once thrived with families living the American dream of home ownership. Then, Bill Moyers gets perspective on the...
Format: software, multimedia
Publisher / Publication Date: Films Media Group 2009