Episode #69
The Financial Crisis Episode II: Too Big to Fail
09.20.2024
On this episode, Drew and Pat dig into the political intricacies of the large bailouts that occurred during the financial crisis, through the movie Too Big to Fail. This movie focuses on the motives and actions of Secretary of the Treasury, Hank Paulson, as he tries to rally the banking industry to devise a private sector solution. Drew adds important nuance to the macro-economic and political environments that lead to the ultimate crash, and the government intervention that ensued.
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