television

HBO Gives Viewers Another Chance to Relive 2008 Meltdown

HBO, cannily playing off of the current economic maelstrom, is giving viewers another chance to catch Too Big to Fail, their TV movie about the 2008 stock-market crash based on Andrew Ross Sorkin’s book. The network often reruns its own programming–but rarely sends journalists press releases citing topical tie-ins. (Granted, there’s very little to tie, Read More

Elbow Rubbing

Closely Held Company: Is the Author of ‘Too Big to Fail’ Too Schmoozy With Wall Street?

A few hours after HBO’s Too Big to Fail, the star-studded adaptation of New York Times financial reporting wunderkind Andrew Ross Sorkin’s best-selling account of the 2008 collapse of Lehman Brothers, made its debut before a national audience, a broadcast journalist who reports for a financial news channel gave The Observer her postmortem.

“There’s just Read More

Too Big To Fail

Greed is Good — for Décor!

Homeless men idled outside the Four Seasons restaurant as financial titans and celebrities shuttled in from the rain, assisted by burly bouncers. Upstairs, at Monday’s postpremiere party for HBO’s Too Big to Fail—based on the book by New York Times financial reporter wunderkind Andrew Ross Sorkin—sprawling platters of sushi and ceviche awaited consumption.

“Well,” Read More

BeardsBernanke Panke

Bernanke: 'Too Big To Fail' Too Important to Ignore

In prepared remarks delivered to the Financial Crisis Inquiry Commission today, Federal Reserve chairman Ben Bernanke said it’s super important that the government establish a way to wind down behemoth financial institutions, and that elimination of the “too-big-to-fail” phenomenon is key to averting any future crisis.

“The creation of a resolution regime for systemically critical Read More