Discussion: "Inside the Meltdown"
Please watch the video(s) and answer the following questions:
Long Version: https://youtu.be/DJ2p3RrwopE
Short Version: https://youtu.be/bIWCwwn8JjI
1. The video discusses the Repo Market and Bear Stearns reliance on it. What is the Repo Market, and how was Bear Stearns impacted by it?
2. What was the impact of the near failure of Bear Stearns and the failure of Lehman Brothers on Money Markets?
3. Do you think those actions were justified? Why?