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 38 min |
| Director |
Too Big to Fail chronicles the 2008 financial meltdown, focusing on the actions of U.S. Treasury Secretary Henry Paulson and Ben Bernanke, Chairman of the Federal Reserve System, to contain the problems during the period of August 2008 to October 13, 2008. The film starts with clips of news reports about the mortgage industry crisis and the forced sale of the troubled Bear Stearns to JPMorgan Chase, with Fed guarantees. With Bear Stearns out of the picture, short sellers have turned their attention on Lehman Brothers. In need of capital, CEO Dick Fuld reluctantly fires COO Joe Gregory and CFO Erin Callan, naming Bart McDade as the new president and COO.
McDade negotiates a deal with Korean investors, but the deal falls through when Fuld interrupts the negotiations and tries to convince the Koreans that they are undervaluing the toxic real estate assets. Paulson is adamant that the government will not subsidize any more acquisitions, but it becomes clear the most promising buyer for Lehman, Bank of America, is uninterested without Fed involvement. Paulson and President of the Federal Reserve Bank of New York Timothy Geithner gather the leaders of the biggest banks, including Goldman Sachs CEO Lloyd Blankfein, JPMorgan Chase CEO Jamie Dimon, and Morgan Stanley CEO John Mack, to convince them to underwrite the deal themselves.
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 chronicles the 2008 financial meltdown, focusing on the actions of U.S. Treasury Secretary Henry Paulson and Ben Bernanke, Chairman of the Federal Reserve System, to contain the problems during the period of August 2008 to October 13, 2008. The film starts with clips of news reports about the mortgage industry crisis and the forced sale of the troubled Bear Stearns to JPMorgan Chase, with Fed guarantees. With Bear Stearns out of the picture, short sellers have turned their attention on Lehman Brothers. In need of capital, CEO Dick Fuld reluctantly fires COO Joe Gregory and CFO Erin Callan, naming Bart McDade as the new president and COO.
McDade negotiates a deal with Korean investors, but the deal falls through when Fuld interrupts the negotiations and tries to convince the Koreans that they are undervaluing the toxic real estate assets. Paulson is adamant that the government will not subsidize any more acquisitions, but it becomes clear the most promising buyer for Lehman, Bank of America, is uninterested without Fed involvement. Paulson and President of the Federal Reserve Bank of New York Timothy Geithner gather the leaders of the biggest banks, including Goldman Sachs CEO Lloyd Blankfein, JPMorgan Chase CEO Jamie Dimon, and Morgan Stanley CEO John Mack, to convince them to underwrite the deal themselves.
