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: 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
View online at AVOD
Summary: The United States, the world’s strongest economic power, is also the world’s largest debtor nation. Will America’s ever-increasing trade imbalance and economic deficit trigger a global economic calamity? This program travels from East Coast to West via the Rust Belt to check the financial pulse of the nation—and to capture in images the reality of an economic system spinning out of control....
Format: software, multimedia
Publisher / Publication Date: Films Media Group 2009