Movie: “Overdose: The Next Financial Crisis” Journeyman Pictures. Chronicles the lead up to the 2007-2008 financial crisis with future implications.
Consider the following in your reaction: $700BB Purchase of troubled assets, (formerly known as Troubled Asset Relief Program- TARP perhaps not explicitly mentioned.); criteria of bank bailout; $787BB stimulus plan (American Recovery Reinvestment Act) According to the picture, how much was truly stimulus? You can also google ‘How to Spend $787 billion- NY Times for further clarification.
In 20-20 hindsight, how do you think it was handled? What do you think should have been differently, if anything?