Summary To Big To Fail

SUMMARY

TOO BIG TO FAIL

The movie TOO BIG TO FAIL tells of the beginning of the crisis in 2008 first of all this crisis in the United States occurred because Wall Street began to raisemortgage-backed loans, while parts of these packages sold thus achieving who earned a lot of money. Therefore began pressuring lenders banks saying they needed more mortgages. In turn, the banks had grantedloans to people who have a very good credit history and that is why they decided to lower their requirements when granting loans to people not considering it was giving them credit people who were notable to cope, they are not intended to correspond with your debt.
The banks knew they had taken a great risk in making loans in this way, which is why at the time bought a type of mortgage insuranceif they failed there would be insurance companies who respond well banks insured their potential losses eliminate the risk of his books and to continue to invest to earn more and more money, A companycalled AIG was the one that said bank loans, because they believed that the market would continue to grow, that's when it happened that nobody expected in that same time house prices fell, rose andshares the common people began to see that he had already poring as pay, AIG had to answer for all insurance, thus leading to total bankruptcy problem was also based on that this was not regulated andthat what we saw in the movie where we clearly show that what happened was that nobody paid attention because they were too focused on making big money was.
After all this is a long process genrefind solutions to restore stability, and after the breakup of firms like Lehman Brothers, the government sent a clear message that said it would save more capital to other banks.
The film also shows usthe dilemmas and decisions that were made and how are you affected each of the actors involved in the U.S. economy also how people acted in power at that time is financial leaders at the unexpected...