$(document).ready( function () { talk_rendercallback({"enabled":"0","islive":"0","eid":5572,"total":"6","discussion":[{"nm":"Jerry Lawson","rs":"0","ms":" From what I see it is so totally obvious there is one simple solution that would have precluded this debacle and would do wonders to prohibit this sort of disaster from happening in the future. LETS MAKE EVERYONE IN THIS NATION INCLUDING CONGRESS, THE PRESIDENT AND ESPECIALLY THE FINANCIAL INSTITUTIONS ACCOUNTABLE and punisment (that fits their crimes) should be levied on everyone of these people.  They have runied the lives of millions of people and will continue to do so until they are punished accordingly.  \nThe problem is it\'s to simple and these powerful people obviously seem to be above any laws. ","pt":"Feb 20, 2010 21:46"},{"nm":"Ken Walden","rs":"0","ms":"  The financial crisis has changed my opinion of the role of government in a free market as it apparently did to Alan Greenspan. These derivatives cannot be allowed to threaten the entire financial system. Creating a system along the lines of the current futures market which requires a certain amount of margin to prevent against price decline  as Gary Gensler alluded to seems sensible and is not inconsistent with a free market. No one would accuse the current futures market as anti-free market. In fact many would try to control the futures market as a world ruled by speculators and a threat to the economy (see last years oil bubble). The mind-set that a free market is a market devoid of regulation is what got us where we are today, at great systemic risk to us all. Free markets should be defined to operate within parameters that don\'t threaten the entire financial system. And the idea that fraud should not be punished because the system is self-correcting is not a world I\'m interested in. How cynical can you get. Fraud trumping morality? Wow Alan.","pt":"Oct 28, 2009 21:53"},{"nm":"Charles Hodgkinson","rs":"0","ms":"CApitalism depends honor and trust at the very highest levels in order to function at it\'s best. Without these unwritten and uncodified qualities it simply cannot work for good of all people. When "moral hazard" is used as a guideline, what does that mean to the worker on the street with his 401K. He does not have the ability to invoke "moral Hazard" or the resources, he was never meant to have that ability and was prevented from ever coming close to making those financial powers accoutable.  I am reminded of the Barbara Walters interview with Preseident Bush, the last months of his administration, when he said that he wished that he had privatized Social Security. Had he done this, the debacle to the average working man would have been unimaginable.\nThere is one glaring failure in the goverment, BofA, Citibank, COuntrywide should have failed. With the repeal of Glass-Steagal, the finance industry never had any intention of doing the right for America, it was the right thing just for them. The Saving & Loan crisis should have told everyone that Finance Industry was rapport with greed. Alan Greenspan is the poster boy for pure unadulterated greed and I hope that history condemns him for arrogant SOB that he is.  SINCERLY  CHarles P.S. Hodgkinson, ","pt":"Oct 25, 2009 13:10"},{"nm":"Jim Shaddox","rs":"0","ms":"Another example of the undue influence of an industry on the body that is supposed to be working for the good of American citizens namely congress and the president. Influence by means of the colossal sums of money controlled by them and the revolving door between government and the particular industry itself. Unfortunately, as the economics and the above relationship become ever more complicated the average citizen\'s ability to comprehend the cause and effect is near negligible. With a level of skepticism, from what was said at the end of the program, we shall see if the changed thinking of the insiders operating in the new administration can change the operating structure of the financial markets for long term stability.  ","pt":"Oct 22, 2009 12:21"},{"nm":"keith fairfax","rs":"0","ms":"Riveting documentary! We must push our representatives in Congress to do more to protect the American Public. Give some teeth and muscle back to the CFTC. Presidential award to Ms. Born.","pt":"Oct 21, 2009 18:07"},{"nm":"Chris","rs":"0","ms":"Wonderful documentary. Very enlightening and of course for a tax-paying citizen, VERY disheartningn and disturbing. ","pt":"Oct 21, 2009 00:48"}]}); });