Watch the hour-long retrospective which aired tonight on PBS’s Frontline. It should be very enlighteningregarding the seeds of the bubble and meltdown. It examines who the players in the 1990s and 2000s were, what their attitude to regulation was, and how lax regulation created a bubble and a bust.
Also see the following posts for more background:
- Freshwater versus saltwater circa 1988
- Deregulation efforts from the late 1990s were blocked
- FRONTLINE: Inside the Meltdown of Sept. 18, 2008
(video embedded below; runs just under one hour)