Room Full of Trillions

The scene that intrigued me the most, was when Henry Paulsen invited all the CEO’s of the big banks to come together and meet at a round table to try and save Lehman Brothers. That room was full of people who together controlled a ridiculous sum of money. Yet, all I kept thinking about was how they are just human beings weighing their options and trying to make decisions that are either best for their companies, themselves or both. The CEO’s in the room included: John Mack (Morgan Stanley), John Thain (Merrill Lynch), Jamie Dimon (JP Morgan), Lloyd Blankfein (Goldman Sachs), and Vikram Pandit (Citigroup).

I will now try to write a dialogue as if I was at this round table discussion, and had the undivided attention of these CEO’s.

Guess Lehman never got to eat Goldman’s Lunch…

Movie Time 7:18 – 8:24

Get Educated on The Origins of the Great Recession (TBTF Film, Blog 5)

The last BC, (Chelsea L, Kamal, Jordi, and Frank) invite you to Blgo prompt 5.

Watch “Too Big To Fail” and answer one of the following.

A) Choose a scene that resonates with you most and create a dialogue in which you have the opportunity to speak with that/those characters. What would you say to them?   Write this as dialogue would appear.  Be creative.

B)  If you or someone you know were personally affected by the failures of the companies featured in the film explain the impact these events had and still have on you today.

C) Do you think this notion of “too big to fail” still exists today based on the findings of the film?

Blogs due Friday at midnight, comments by Sunday.

Related articles

• Banks are too big to fail AND too big to manage, says Stockman (marketsanity.com)
• Too Big To Fail Is Now Bigger Than Ever Before (consciouslifenews.com)
• Celente: Fascism has come to America (marketsanity.com)
• Too Big To Fail Is Now Bigger Than Ever Before (infiniteunknown.net)
• AIG CEO Robert Benmosche: ‘Too Big To Fail Has Been Solved’ (huffingtonpost.com)