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The financial crash of 2008 was basically due
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Gaming Wall St

The financial crashof 2008 was basically due to a wildly rigged systemthat was deregulated...

The financial crash
of 2008 was basically due to a wildly rigged system
that was deregulated that caused the largest financial institutions in the United States and the world to engage in reckless, dangerous,
and often illegal risk-taking that crashed
the entire financial system

Full Transcript

00:00:01.000 --> 00:00:03.536
The financial crash of 2008 was basically due
00:00:03.602 --> 00:00:07.439
to a wildly rigged system that was deregulated
00:00:07.054 --> 00:00:08.582
that caused the largest
00:00:08.673 --> 00:00:09.716
financial institutions
00:00:09.741 --> 00:00:10.091
in the United States
00:00:11.998 --> 00:00:12.011
and the world
00:00:12.021 --> 00:00:14.018
to engage in reckless,
00:00:14.246 --> 00:00:16.948
dangerous, and often illegal risk-taking
00:00:17.998 --> 00:00:20.252
that crashed the entire financial system.
Duration
20 seconds
Views
47
Timestamp in Movie
00:27:26
Uploaded
May 06, 2025
Season
1
Episode
1
Genres
documentary
Production
One Shot Productions

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Movie Summary

Explores the stock market frenzy of GameStop, and how a group of armchair investors and online vigilantes ultimately helped expose the dark underbelly of Wall Street.
S01 • E02 And yet, you know, because they have white collars, - Gaming Wall St 00:12
And yet, you know, because they have white collars,
S01 • E02 And that's because of years and years - Gaming Wall St 00:05
And that's because of years and years
S01 • E01 It had to be bailed out - Gaming Wall St 00:05
It had to be bailed out
S01 • E01 One study put the dollar amount of the bailout - Gaming Wall St 00:08
One study put the dollar amount of the bailout
S01 • E02 He goes and robs a bank, he jumps in his getaway car, - Gaming Wall St 00:17
He goes and robs a bank, he jumps in his getaway car,
S01 • E01 And it really wrecked millions of lives. - Gaming Wall St 00:04
And it really wrecked millions of lives.
S01 • E02 Until enforcement changes, - Gaming Wall St 00:12
Until enforcement changes,
S01 • E01 Losing the house in the divorce - Gaming Wall St 00:08
Losing the house in the divorce
S01 • E02 - I think there is a lot of real resentment of the fact - Gaming Wall St 00:14
- I think there is a lot of real resentment of the fact
S01 • E01 Definitely the worst point in my life. - Gaming Wall St 00:05
Definitely the worst point in my life.
S01 • E02 It's a very closed network of mostly men, - Gaming Wall St 00:08
It's a very closed network of mostly men,
S01 • E02 Even if you screw up, - Gaming Wall St 00:07
Even if you screw up,
S01 • E01 It was early 2008. - Gaming Wall St 00:04
It was early 2008.
S01 • E02 [apprehensive music] - Gaming Wall St 00:10
[apprehensive music]
S01 • E01 Got a letter from Countrywide - Gaming Wall St 00:08
Got a letter from Countrywide
S01 • E02 And a lot of people have flashbacks and memories - Gaming Wall St 00:08
And a lot of people have flashbacks and memories
S01 • E01 So it went up from $815 to 1,575. - Gaming Wall St 00:06
So it went up from $815 to 1,575.
S01 • E01 It almost doubled overnight, and I'm like, - Gaming Wall St 00:10
It almost doubled overnight, and I'm like,
S01 • E02 - The people who screwed over my parents' generation - Gaming Wall St 00:10
- The people who screwed over my parents' generation
S01 • E02 Those people created an environment - Gaming Wall St 00:08
Those people created an environment