Frontline - Money, Power and Wall Street, Part 2

Watch Money, Power and Wall Street: Part Two on PBS. See more from FRONTLINE.

Episode Two: Systemic Risk. Bear Sterns collapses; regulators fear its effect on the financial system.

In this episode FRONTLINE investigates the largest government bailout in U.S. history, a series of decisions that rewrote the rules of government and fueled a debate that would alter the country’s political landscape. It offers play-by-play accounts of several secret meetings that permanently altered the financial system.

FRONTLINE finds plenty of blame to go around (Goldman Sachs and CEO Lloyd Blankfein take a particular bruising), but is most devastating in its dissection of the chummy collusion between bankers and the government leaders who should have been watch-dogging them.

Episode Three & Four will be released and posted here on May 1 & 2, 2012.

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