On Thursday, Sept. 18, 2008, the astonished leadership of the U.S. Congress was told in a private session by the chairman of the Federal Reserve that the American economy was in...
A global economy, energized by technological change and unprecedented flows of people and money, collapses in the wake of a terrorist attack. The year is 1914. Worldwide war results,...
Quants are the math wizards and computer programmers in the engine room of our global financial system who designed the financial products that almost crashed Wall st. The credit...
When the world's financial bubble blew, the solution was to lower interest rates and pump trillions of dollars into the sick banking system. The solution is the problem, that's why...
In 1996, in a documentary called The Money Masters, we asked the question why is America going broke. It wasn’t clear then that we were, but it is today. Now the question is how can we get out of this mess. Foreclosures are...
Americans generally like to hear good news. They like to believe that a new president will right old wrongs, that clean energy will replace dirty oil and that fresh thinking will set the economy straight. American pundits tend...
Unreported and almost unseen approach that capital and capital markets have taken since 1945 to gradually take control of the political systems of the USA and the United Kingdom. Adam Curtis outlines several key points and...
The average American family today carries 10 credit cards. Credit card debt and personal bankruptcies are now at an all time high. With no legal limit on the amount of interest or fees that can be charged, credit cards have...
In Black Money, Frontline correspondent Lowell Bergman investigates this shadowy side of international business, shedding light on multinational companies that have routinely made secret payments -- often referred to as "black...
As the average American can attest, personal debt is bad enough, but as Thomas Jefferson once cautioned, public debt is corruptive of the government and demoralizing of the nation....
As the credit crunch bites and a global economic crisis threatens, Robert Peston reveals how the super-rich have made their fortunes, and the rest of us are picking up the bill. Robert Peston, the BBC's Business Editor, speaks...
Like many in the 1980's, Nick Leeson wanted to be rich and successful, but Nick Leeson was also a very strange man, he had an extraordinary ability to manipulate and deceive those around him. This is his story. It is also a...
Professor Niall Ferguson examines the origins of the pillars of the world’s financial system, and how behind every great historical phenomenon – empires and republics, wars and revolutions – there lies a financial secret....
On June 15, a Houston jury convicted Arthur Andersen — the 89-year-old accounting firm once known as the gold standard of integrity in auditing — for obstruction of justice in the government’s investigation of Enron,...
