A place for FF's to write and read brief reviews of books and films for the benefit of other FF's.

A place for FF's to write and read brief reviews of books and films for the benefit of other FF's.

Sunday, June 5, 2011

Too Big to Fail, 2011

I listened to the HBO original movie "Too Big To Fail" last Tuesday. It made Hank Paulsen look more compassionate than I imagine he is and it made Richard Fuld, the chairman of Lehman Bros. played by James Woods, look like a crazy idiot asshole who maybe could have prevented the economy from crashing so hard if he had accepted a loan from Warren Buffet. Do you know why he didn't accept the loan? He thought he was too big to fail. There is a lesson in that for all of us.

If you know a lot about the financial crisis, this won't shed a lot of light on it. If you don't know much about the financial crisis, this could serve as an accessible introduction to it.

No comments:

Post a Comment