
A close look behind the scenes, between late March and mid-October, 2008: we follow Richard Fuld's benighted attempt to save Lehman Brothers; conversations among Hank Paulson (the Secretary of the Treasury), Ben Bernanke (chair of the Federal Reserve), and Tim Geithner (president of the New York Fed) as they seek a private solution for Lehman's; and, back-channel negotiations among Paulson, Warren Buffet, investment bankers, a British regulator, and members of Congress as alm... (Full plot summary below)
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A close look behind the scenes, between late March and mid-October, 2008: we follow Richard Fuld's benighted attempt to save Lehman Brothers; conversations among Hank Paulson (the Secretary of the Treasury), Ben Bernanke (chair of the Federal Reserve), and Tim Geithner (president of the New York Fed) as they seek a private solution for Lehman's; and, back-channel negotiations among Paulson, Warren Buffet, investment bankers, a British regulator, and members of Congress as almost all work to save the U.S. economy. By the end, with the no-strings bailout arranged, modest confidence restored on Wall Street, and a meltdown averted, Paulson wonders if banks will lend.
Leave your thoughts about Too Big to Fail.
| Philadelphia Daily NewsEllen GrayThis is undeniably an important story, told in a relatively no-nonsense fashion, about a complex set of events that even people who watch PBS' "Frontline" regularly may still be flummoxed by. |
| Uncle BarkyEd BarkToo Big to Fail effectively follows the money while humanizing most of the moneychangers. |
| Common Sense MediaBrian CostelloComplex account of 2008 economic collapse; lots of language. |
| AV ClubScott TobiasWithout taking an partisan position on what happened... Too Big To Fail simply and clearly explicates a chilling moment in recent history. And for that, it has value. |
| Boston HeraldMark A. PerigardAs gripping as any episode of "24" in its heyday... |
| Reel Film ReviewsDavid NusairToo Big to Fail ultimately comes off as a talky, surprisingly dull drama that all-too-often feels a reenactment on a financial news network. |
| UproxxAlan SepinwallTakes a topic that could have felt like homework and turns it into effective entertainment - even if that entertainment might teach you something along the way. |
| User ReviewVlad ZExcellent recounting of the months during which the US economy nearly collapsed into the Greatest Depression, and almost sucked the world economy down simultaneously. The pace never slows down, and the acting is tense and often deep. Accurately portrays how the major banks control the economy, the government, and our lives, way beyond what anyone wants to admit. The movie is a wake-up call of those very dark days, and elucidates in laymen's terms how we got into such a horrid mess, on the precipice of global meltdown. And the movie ends with the very lucid insight: the banking industry is still "too big to fail", and still running the show, while the rich keep getting richer, and the poor (and middle-income) have dwindling opportunities to eke out a living. |
| User ReviewRyan GView in economic engineering class (Vista en clase de ingenieria economica) |
| User ReviewJason DIt's a decent, not-great TV movie. The cast is solid but the script is pretty lazy. Taken in a disinterested macro view, the movie is just a bunch of scenes of suits on cell phones and in board rooms telling each other things are worse than they said last time, and begging people to give other people money. Unlike, say, a documentary of the financial crisis, you don't get much in the way of a technical explanation and the actual problem is discussed very superficially. You do feel for Paulson as he is just bombarded by a demented whack-a-mole game that just keeps getting more and more nightmarish with each hit of the mallet. This company is short 15 billion. Wow, that sucks. Actually 70 billion. Actually 180 billion. Actually 780 billion. Actually all of them and it's going to be worse than the Great Depression. You wonder where was the help for Paulson from the administration, you wonder how nobody in congress even knew what was going on, you wonder why they deal with every problem in an ungodly informal arrangement between chums. But most of the characters outside of Paulson are just stock, type cast, and mailed-in performances, and there isn't that much of a dramatic arc except the arc of history, which is a tension build and a resolution. That's fine with me but not with a lot of people.That the characters do not change is a criticism a script analyst would give of this movie. It deals with present day figures so the acting looks bad throughout with the exception of Hurt as Paulson. All in all, if you were only marginally interested in watching this movie as entertainment and you don't care about the financial crisis, you shouldn't watch this movie. And you might not appreciate it much if you are an expert on the financial crisis. This movie really appeals only to the people in between those two groups. |