I had a friend who was a bond trader at Merrill Lynch in the 1970s. He had a job as a...
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Charles Morris:
I had a friend who was a bond trader at Merrill Lynch in the 1970s. He had a job as a train conductor at night, 'cause he had three kids and couldn't support them on what a bond trader made. By 1986, he was making millions of dollars, and thought it was because he was smart
I had a friend who was a bond trader at Merrill Lynch in the 1970s. He had a job as a train conductor at night, 'cause he had three kids and couldn't support them on what a bond trader made. By 1986, he was making millions of dollars, and thought it was because he was smart
Full Transcript
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I had a friend who was a bond trader
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at Merrill Lynch in the 1970s
00:00:08.307 --> 00:00:12.073
He had a job as a train conductor at night
00:00:12.245 --> 00:00:15.681
because he had three kids and couldn't support them
00:00:15.848 --> 00:00:17.247
on what a trader made
00:00:17.417 --> 00:00:21.998
By 1986 he was making millions of dollars
00:00:21.254 --> 00:00:23.095
and thought it was because he was smart
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Movie Summary
Takes a closer look at what brought about the 2008 financial meltdown.
