PBS
Pbs Nova: Mind Over Money
This film [01:00:00] explores the financial crash of 2008 and asks the question, "Why did so few of the brightest minds in finance not only fail to predict the crash but also argue that it was impossible?"
PBS
Pbs News Hour Extra: African Americans Facing Higher Unemployment
African Americans are being especially hard hit by the 2009 economic crisis. In St. Louis, Missouri, thirty percent of them are unemployed. After watching this news video, teachers can refer to the accompanying questions to lead a...
PBS
Pbs Online News Hour: When Is This Recession Going to End?
Top economists give their predictions regarding the 2009 recession. When will it bottom out? How bad will it actually become? 1/14/09
Khan Academy
Khan Academy: Us History: Period 9: 1980 Present: The Great Recession
A n overview of the Great Recession of 2007-2009, the worst global economic crisis since the Great Depression in the 1930s.
Khan Academy
Khan Academy: Bailout 12: Lone Star Transaction
This video explains a real-life example of a transaction involving CDOs. [10:27]
Khan Academy
Khan Academy: Bailout 1: Liquidity vs. Solvency
Sal khan explains balance sheets and the difference between illiquidity and insolvency. [11:25]
Khan Academy
Khan Academy: Bailout 11: Why These Cdos Could Be Worth Nothing
This video explains why a CDO could be worth nothing even though they are 'collateralized'. [10:44]
Khan Academy
Khan Academy: Cnn: Understanding the Crisis
Video [14:36] of Sal on CNN on October 10th discussing the credit crisis and a potential solution to it.
Khan Academy
Khan Academy: Geithner Plan 5
Sal Khan explains quantifying the value of the put option. [14:01]
Khan Academy
Khan Academy: Geithner Plan 4
Sal Khan describes how to construct an investment where an investor gets the same upside while the Treasury public-private program limits the downside. [13:22]
Khan Academy
Khan Academy: Geithner Plan 2
This video gives more information on the Geithner Plan, specifically on the problem of banks buying assets from themselves. [12:28]
Khan Academy
Khan Academy: Geithner Plan 1
Sal Khan gives an overview of the Geithner Plan to save the banks during the 2008 economic crisis. [14:03]
Khan Academy
Khan Academy: Geithner Plan 3
Sal Khan explains more exotic ways that a bank could buy transfer exposure to the taxpayer. [12:24]
Khan Academy
Khan Academy: Geithner Plan 6: A Better Solution
Sal Khan offers a better way to solve the 'liquidity' and 'price discovery' problem. [10:18]
Khan Academy
Khan Academy: Credit Default Swaps
This video is an introduction to credit default swaps. [10:57]
Khan Academy
Khan Academy: Credit Default Swaps (C Ds) Intro
Introduction to credit default swaps and why they can be dangerous. [3:19]
Khan Academy
Khan Academy: Credit Default Swaps 2
Sal Khan discusses the systemic risks of credit default swaps. [12:03]