Too Big to Fail (2011) on Netflix
The subprime mortgage crisis hits banks holding heavy real estate assets. Treasury Secretary Henry Paulson refuses further rescues as Lehman Brothers loses ground under its chief, Richard Fuld.
- Netflix3.7/5
- IMDb7.2/1021,593 votes
- Rotten Tomatoes77%
Trailer
Plot summary
Mortgage losses have left investment banks holding large real estate assets. Henry Paulson, the Treasury Secretary, has already guaranteed the sale of Bear Stearns to JPMorgan Chase at a fraction of its value, and he is wary of funding more rescues. When Lehman Brothers loses value, he declines to step in, and the bank's chief executive, Richard Fuld, makes a string of poor decisions. Timothy Geithner, who leads the New York Federal Reserve, pushes for a deal joining Lehman with Bank of America. Paulson wants other banks to guarantee it and calls their chiefs to an emergency meeting.
Cast
