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
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Summary: All of the measures by the feds to stem the tide in the financial meltdown have added hundreds of billions of dollars to the U.S. national debt. This episode of Frontline reports on how this debt constrains and challenges the Obama administration and on the growing chorus that, without fiscal reform, the U.S. government may face a debt crisis of its own in years to come that would make the...
Format: software, multimedia
Publisher / Publication Date: Films Media Group 2009
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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
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Summary: As more and more companies view low-income Americans as opportunities for profit, the "poverty business" is taking off. In this program, Bill Moyers Journal and Expose: America's Investigative Reports follow a team of BusinessWeek reporters as they track corporate practices that some say are exploiting the working poor. Bill Moyers then talks with economist Dean Baker, co-director of the Center...
Format: software, multimedia
Publisher / Publication Date: Films Media Group 2010
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Summary: How much do American and Canadian citizens really understand about the personal, social, and economic struggles of undocumented workers? This program deepens that understanding, providing an intimate look inside the lives of two non-status migrant laborers. Geraldo, a Costa Rican construction worker, and Angela, a Caribbean domestic employee, describe their experiences with labor exploitation...
Format: software, multimedia
Publisher / Publication Date: Films Media Group 2006
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Summary: Amidst historic economic failures, this edition of the Journal takes an in-depth look at what led to the financial meltdown, what it means for American families, and how it may affect voters in the run-up to the 2008 elections. Bill Moyers speaks with prescient political and economic critic Kevin Phillips, author of Bad Money: Reckless Finance, Failed Politics, and the Global Crisis of American...
Format: software, multimedia
Publisher / Publication Date: Films Media Group 2009