Chronicling the "first wave" of the financial crisis with a short review, Sal goes on to explain how bad choices and unfortunate moves by several banks can lead to total disruption of the financial system. Sprinkling real-world examples...

Introducing the circumstances surrounding the 2008 bailout and financial crisis, Sal uses a simplified analogy to help students see the heart of the matter. He covers the importance of credit and credit scores, as well as what happens...

Some banks escaped certain disaster with a bailout by the government. But, what about the rest? Sal explains the intricacies and dynamics of a bailout down to the details on a balance sheet. He also provides a thorough definition of...

In the first of two videos on bankruptcy, Sal explains the liquidation process and its effects on investors. He reviews ways a company raises capital and presents a hypothetical issue: a company goes bankrupt and doesn't have the assets...

Continuing from the last clip on liquidation, scholars explore another bankruptcy avenue: restructuring. Sal briefly touches on covenants with debt holders and goes into reasons a company would refrain from liquidating when facing...

What's the difference between stocks and bonds? Sal illustrates this concept through explaining the two ways a company can raise capital: debt or equity. Drawing out a balance sheet, he categorizes stocks as equity and bonds as debt,...

The History Channel's "Pub Historian" gives you the quick facts on the French Revolution. Dates, historical figures, and causes are all named. Watch this for a quick overview of key events!

Learn what happens when an individual or an organization files for bankruptcy. [1:44]

Explains what is meant by Chapter 7 and Chapter 13 personal bankruptcy.

What happens when there is no equity infusion and the bank goes in to bankruptcy. [10:25]

A video [11:52] explaining how banks are connected, so when one bank fails, other banks are affected.

A video [10:24] explaining what happens when there is no equity infusion and the bank goes into bankruptcy.

Sal khan explains balance sheets and the difference between illiquidity and insolvency. [11:25]

This video [11:20] is an introduction to bankruptcy liquidation (Chapter 7).

This video [14:05] explains Chapter 11: Restructuring through a bankruptcy.

This video gives more information on the Geithner Plan, specifically on the problem of banks buying assets from themselves. [12:28]

Sal Khan gives an overview of the Geithner Plan to save the banks during the 2008 economic crisis. [14:03]

Sal Khan offers a better way to solve the 'liquidity' and 'price discovery' problem. [10:18]