View the following Frontline video, “Inside the Meltdown”:
- Short Version: FRONTLINE | Inside the Meltdown | Sneak Peek 2 | PBS [Video].
- Long Version (42min 30sec): Best Documentary of the Housing Market Crash (of 2020?) | Inside the Meltdown | Behind the Big Short [Video].
Then, answer the questions below in your discussion:
- What was the impact of the near failure of Bear Stearns and the failure of Lehman Brothers on Money Markets?
- What actions did the Federal Reserve and the Treasury Department take? What were the impacts of the decisions, if any?