#2 The Crash of 2008 - What Did Goldman Sachs Know?

This video helps to explain the coming stock market crash and the effects it will have on all of us. It is part of a series. This video begins to explore some of the reasons for the crash and this segment asks why Goldman Sachs was placing very large bets in mid-December 2007 that the stock of numerous money center banks would lose half of their value in the next 3 years. This segment also explores the role of massive leverage in accelerating the crash and touches upon the role of the crash of the real estate market in Florida in 1927 was a major trigger for the 1929 stock market crash. This series of videos will be used in a documentary to be entered into the Sundance Film Festival next year. GE General Electric mortgage Lehman Fannie Mae Freddie Mac monoline Ron Paul inflation hyperinflation gold silver Fannie Mae Freddie Mac bailout