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One Frugal Girl

Tonight’s Episode of Frontline: Breaking the Bank

Last Updated on November 19, 2019 by One Frugal Girl Leave a Comment

Tonight’s Frontline episode, Breaking the Bank, focused on the details of the Bank of America – Merrill Lynch merger and the government’s actions during the initial days of the financial crisis. If you’ve followed the details of the bank mergers and/or the TARP money you will find this video extremely enlightening.

The show includes in-depth interviews of high-profile players Ken Lewis, CEO and President of Bank of America, and John Thain, former Merrill Lynch CEO. It discusses the pressure to merge the two companies, and the role of then-Secretary of the Treasury Henry Paulson in coercing CEOs to accept TARP money in an effort to quell the financial market distress.

If you missed tonight’s episode you can watch it online here or through the video below.

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Hi, I'm Jewels. I am a forty-year-old wife, mother, blogger, personal finance enthusiast, optimist, former software developer and achiever of financial independence. This blog is my story. Welcome to my little corner of the Internet.

Contact: onefrugalgirl @ gmail . com

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