What action did federal reserve and treasury department take


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View the following Frontline video, "Inside the Meltdown":

o Short Version: FRONTLINE | Inside the Meltdown | Sneak Peek 2 | PBS [YouTube Video].

o Long Version (42min 30sec): Best Documentary of the Housing Market Crash (of 2020?) | Inside the Meltdown | Behind the Big Short [YouTube Video].

Then, answer the questions below in your discussion:

A. What was the impact of the near failure of Bear Stearns and the failure of Lehman Brothers on Money Markets?

B. What actions did the Federal Reserve and the Treasury Department take? What were the impacts of the decisions, if any?

The response should include a reference list. Using one-inch margins, Times New Roman 12 pnt font, double-space and APA style of writing and citations.

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Finance Basics: What action did federal reserve and treasury department take
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