Available online
Description
The series on the global crash examines the boom years before the bust. With testimony from many of the key decision makers who shaped our lives over the last two decades, including Gordon Brown, g...overnor of the Bank of England Mervyn King, and an exclusive interview with former chairman of the US Federal Reserve Alan Greenspan, it charts how the financial bubble grew and grew. The programme explains how we changed our attitude to risk, learnt to live with debt and, above all, how governments stepped back from regulating any of it. At the heart of the story is Alan Greenspan, who for 20 years was one of the most powerful people in the world. In October 2008, weeks after the catastrophic collapse of Lehman Brothers, the man whose ideas influenced the world admitted he might have been 'partially' wrong.
The series on the global crash examines the boom years before the bust. With testimony from many of the key decision makers who shaped our lives over the last two decades, including Gordon Brown, g...overnor of the Bank of England Mervyn King, and an exclusive interview with former chairman of the US Federal Reserve Alan Greenspan, it charts how the financial bubble grew and grew. The programme explains how we changed our attitude to risk, learnt to live with debt and, above all, how governments stepped back from regulating any of it. At the heart of the story is Alan Greenspan, who for 20 years was one of the most powerful people in the world. In October 2008, weeks after the catastrophic collapse of Lehman Brothers, the man whose ideas influenced the world admitted he might have been 'partially' wrong.
| Item code: | |
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| Series: | The Love of Money |
| Episode | 2 The Age of Risk |
| Recording date: | 2009 |
| First transmission date: | 2009-09-17 |
| Rights Statement: | Rights owned or controlled by The Open University |
| Restrictions on use: | This material can be used in accordance with The Open University conditions of use. A link to the conditions can be found at the bottom of all OUDA web pages. |
| Duration: | 00:58:37 |
| + Show more... | |
| Director: | Tim Robinson |
| Producer: | Michael Tuft |
| Narrator: | Alex Jennings |
| Contributors: | Alan Greenspan; Gordon Brown; Nigel Lawson; Kenneth Clarke; Robert Reich |
| Publisher: | The Open University, BBC, ZDF |
| Subject terms: | Bankruptcy; Debt; Financial risk; Economics; Global Financial Crisis, 2008-2009; Lehman Brothers (1993-2008); |
| Production number: | FKAH672K |
| Videofinder number: | 81371 |
| Available to public: | no |
