Discussion:
Please respond to the following:
Using the following links to the Frontline videos and then answer the following questions:
Short Version - https://youtu.be/HX6Fg62l0e8
Long Version - https://youtu.be/7MXOr3KELqE
1. What was the impact of the near failure of Bear Stearns and the failure of Lehman Brothers on Money Markets?
2. What actions did the Federal Reserve and the Treasury Department take? What were the impacts of the decisions if any?