PBS Frontline Investigation Into Financial Crisis Suggests Another Disaster On Horizon
Frontline’s new documentary about the financial crisis probably doesn’t say much you didn’t already know, at least if you’ve followed the story. But it’s a story worth telling again anyway, because memories on Wall Street and in Washington are dangerously short.
On Tuesday night PBS will air the first two parts of a four-part documentary on the crisis, called “Money, Power and Wall Street,” with the second two parts to air next Tuesday, May 1.
The first hour tells the history of the credit derivatives at the heart of the crisis, while the second hour tells the blow-by-blow of the crisis itself, culminating with the bank bailouts in the fall of 2008.