The collapse of Lehman Brothers in September 2008 triggered fears that a Depression-like economic free fall was fast developing. To head it off, then-Treasury Secretary Henry Paulson helped arrange the Bank of America-Merrill Lynch merger and, a month later, pressured the nation's largest banks to take $125 billion of taxpayers' money. Featuring interviews with Bank of America CEO Kenneth Lewis and former Merrill Lynch CEO John Thain, Frontline: Breaking the Bank examines those goings-on through the prism of Bank of American and also explores the consequences of the infusion of public capital into the private sphere. ~ Jeff Gemmill, Rovi
PBS is much too kind to the bankers in this timid and boring regurgitation of Wall Street PR masking as journalism. They avoid questions, miss the story entirely, and get their conclusions completely backwards. No PBS, I'm afraid that for the banks the party is definitely NOT over.
I thought this Frontline Report was great....sickening, but great ! I think the banking CEO's should all be lined up, and shot to death by the same people they robbed: the American people. And granting themselves "bonuses" while being bailed out by the government while doing so...they should all first be castrated, and then shot to death.