Saturday, October 17, 2009

Frontline's The Warning: The Story of the Financial Meltdown

Update Oct. 23: Watch the full video here

Brooksley Born warned of how toxic assets on the banks' books would affect American finances. But no one listened. She also battled Alan Greenspan, appointed by Ronald Reagan. Reagan was a fan of Ayn Rand's politics. Reagan famously said government was the problem and let Wall Street regulate itself. Bill Clinton followed on.
This Frontline looks like a must-see. It starts Oct. 20:

Here's a clip: