Too Big to Fail (2011)
| Title | Too Big to Fail |
| Year | 2011 |
| Country | USA |
| Genre | Drama (Movies) |
| Franchise | Inside Job (2010 - 2011) |
| Run Time | 1h 39 min |
| Director |
Too Big to Fail (2011) is an American biographical drama that aired on HBO. Directed by Curtis Hanson and written by Peter Gould, the film was based on Andrew Ross Sorkin’s non-fiction book of the same name. It received multiple nominations at the 63rd Primetime Emmy Awards. The plot revolves around the 2008 mortgage industry crisis and the sale of Bear Stearns to JPMorgan Chase with Federal guarantees. As news of this spreads, short sellers shift their focus to another investment bank, Lehman Brothers. Despite trying to negotiate a deal with Korean investors, Lehman’s toxic real estate assets prove to be a hindrance when CEO Dick Fuld insists they be included. Although the US-based buyer Bank of America initially showed promise in purchasing Lehman, they were only interested if the Fed was involved.
However, Treasury Secretary Henry Paulson is adamant that the government will not be subsidizing any more acquisitions. In order to find a solution, Paulson and Federal Reserve Bank of New York President Timothy Geithner convene a meeting with leaders from major US banks over the weekend, attempting to persuade them to underwrite the deal. While it seemed that an agreement had been reached, Bank of America ultimately decides to acquire another struggling company, Merrill Lynch, instead of Lehman. Despite Paulson’s efforts to negotiate with British bank Barclays for Lehman’s acquisition, their involvement is hindered by British banking regulations.
Date of download: 2015-11-11T17:22:34+00:00
Cast:  William HurtHenry Paulson  Edward AsnerWarren Buffett  Billy CrudupTimothy Geithner  Paul GiamattiBen Bernanke  Topher GraceJim Wilkinson  Cynthia NixonMichele Davis  Bill PullmanJamie Dimon  Tony ShalhoubJohn Mack  James WoodsRichard Fuld |
Too Big to Fail (2011) is an American biographical drama that aired on HBO. Directed by Curtis Hanson and written by Peter Gould, the film was based on Andrew Ross Sorkin’s non-fiction book of the same name. It received multiple nominations at the 63rd Primetime Emmy Awards. The plot revolves around the 2008 mortgage industry crisis and the sale of Bear Stearns to JPMorgan Chase with Federal guarantees. As news of this spreads, short sellers shift their focus to another investment bank, Lehman Brothers. Despite trying to negotiate a deal with Korean investors, Lehman’s toxic real estate assets prove to be a hindrance when CEO Dick Fuld insists they be included. Although the US-based buyer Bank of America initially showed promise in purchasing Lehman, they were only interested if the Fed was involved.
However, Treasury Secretary Henry Paulson is adamant that the government will not be subsidizing any more acquisitions. In order to find a solution, Paulson and Federal Reserve Bank of New York President Timothy Geithner convene a meeting with leaders from major US banks over the weekend, attempting to persuade them to underwrite the deal. While it seemed that an agreement had been reached, Bank of America ultimately decides to acquire another struggling company, Merrill Lynch, instead of Lehman. Despite Paulson’s efforts to negotiate with British bank Barclays for Lehman’s acquisition, their involvement is hindered by British banking regulations.
