This is the first video of a four part series produced by the CBC and aired in September on Al Jazeera.  I don’t know how I missed it, but I hadn’t heard of the series until I accidentally ran into it yesterday at Al Jazeera looking for global Occupy Uprisings information.  BoingBoing has this description:

“Doc Zone, a documentary series produced by CBC Television, is now airing a four part investigation into the great financial meltdown of 2008. Along the way, the CBC’s Terence McKenna takes viewers “behind the headlines and into the backrooms at the highest levels of world governments and banking institutions, revealing the astonishing level of backstabbing and tension behind the scenes as the world came dangerously close to another Great Depression.”

Al Jazeera describes Part I this way:

“In the first episode of Meltdown, we hear about four men who brought down the global economy: a billionaire mortgage-seller who fooled millions; a high-rolling banker with a fatal weakness; a ferocious Wall Street predator; and the power behind the throne.”

Many of our favorite Bad Guys are featured; keep some stuff handy to throw at your computer screen, but please: only soft stuff like rolled up socks or something….  Some information and players in Europe the film introduced were new to me; I’m typing as I listen.  It’s coming from a slightly different angle than say, Inside Job.

Here is a review of the series from a conservative at The Canada Free Press (hint: not a fan).

The other three parts can be found here, or to the right of the youtube page.

Imagine what some small portion of the trillions in bailout dollars might have done to prevent foreclosures, create jobs, fund small businesses and innovative start-up companies, provide health care to those without access, or extend unemployment until workers were able to find employment again…

Yves Smith cites a recent survey, and says that a third of all Americans are one paycheck away from losing their homes.

Thirty million of us are either jobless or under-employed.


(cross-posted at