Dear students – Please watch the long version of Inside the meltdown and then answer the following questions:
1. What was the impact of the near failure of Bear Stearns and the failure of Lehman Brothers on Money Markets?
2. What actions did the Federal Reserve and the Treasury Department take? What were the impacts of the decisions if any?
Investigating the dramatic story of how, in just six months, America’s financial system unraveled…. https://www.pbs.org/wgbh/frontline/film/