Secret Bank Bailout

Secret Bank Bailout

Streaming Video - 2014
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One Euro state after another has found itself forced to prop up its banks by pumping in huge sums of money to cover the losses that the financial institutions themselves incurred from bad loans. But where are these billions of euro actually going? Who is benefiting? The rescued parties are not in the poorer Euro countries but predominantly in Germany and France. A large share of the money ends up with the creditors of the banks who want or have to be rescued. And although these investors have invested poorly, they are being protected against any losses at the expense of the general public. Why is this happening? Who is receiving the money? Harald Schumann succeeds in making this complicated topic understandable for everyone.
Publisher: New York, N.Y. : Films Media Group, [2014], c2012
Characteristics: 1 streaming video file (58 min.)) :,sd., col

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