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Top 10 Financial Crisis Documentaries
December 17, 2011 03:26 PM
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The global financial crisis of 2008/9 has left a significant economic dent, with the global economy slow to rebound, and with a banking crisis transitioning to a sovereign debt crisis in some countries. Indeed many people have felt the impact on their own balance sheets; with house prices and stock prices well off their highs, and in some cases with fixed income assets wiped out. The crisis is sure to leave a lasting psychological impact on all who were touched by it. But of course, with great challenge comes great opportunity, and one of the opportunities is for learning. So after watching a series of crisis related documentaries, I present here what I think are among the top 10 financial crisis documentaries.
The Fall of Lehman Brothers
To me the very title of this documentary was one of the defining moments of the financial crisis. What was previously unthinkable became reality, and at this moment I believe the greatest shock-wave was sent out across the global financial markets. So if there's any documentary on the financial crisis to watch, I think this one tops the list.
America's Bankrupt Banks (Inside the Meltdown)
And of course, before there was Lehman's there was Bear Stearns. Bear Stearns was much closer to the sub-prime crisis and played the game in such a way that it was first to bear the full brunt of the collapse in the housing market. This documentary focuses on the collapse of Bear Stearns.
Meltdown
The 4-part documentary from Al Jazeera released this year is one of the most talked about documentaries on the financial crisis. Meltdown takes you through all of the facets of the crisis, but places a particular emphasis on the human impact, and reviews some of the civil unrest that grew out of the discontent that the crisis left behind.
How the Banks Never Lose
This one takes you over the other side of the ocean to get a glimpse at the conditions that led up to the banking crisis in the UK, where a similar story was unfolding alongside the US banking crisis.
The Boom & Bust Years (The Age of Risk)
This BBC documentary provides more background on the activity and conditions that lead to the crisis.
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