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.
Showing posts with label hbo. Show all posts
Showing posts with label hbo. Show all posts

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.