KGB Report

This scene from the 2011 HBO film succinctly explains why financial markets collapsed in 2008. The film pops up from time to time on HBO and various online sources. It's worth watching.

(YouTube video: pivotal scene from "Too Big To Fail")

Categories: Dialogue of the day, Movies, Too Big To Fail, TV, Video, YouTube

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"Some paintings of former Fed chairman Alan Greenspan by artist Erin Crowe, which once fetched as much as $5,000 to $10,000 apiece, are now stashed by their owners in closets and under beds."
-Wall Street Journal

Categories: Alan Greenspan, Too Big To Fail, Wall Street Journal

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