To watch in HD, get ClipCafe PRO
The biggest bank collapse since the 2008 financial crisis
Please log in to add to collections.
The Bridge

The biggest bank collapse sincethe 2008 financial crisis, and it shut down today

The biggest bank collapse since
the 2008 financial crisis, and it shut down today

Full Transcript

00:00:01.000 --> 00:00:04.377
The biggest bank collapse since the 2008 financial crisis,
00:00:04.378 --> 00:00:05.879
and it shut down today.
Duration
7 seconds
Views
67
Timestamp in Movie
00:00:11
Uploaded
Feb 15, 2025
Genres
documentary
Production
Arowana Films

Want This Clip in HD?

Upgrade for HD/4K downloads and unlimited access. Upgrade now →

Movie Summary

Fifty years ago, our country grappled with discrimination that profoundly impacted minority communities. In Los Angeles, neighborhood leaders united to challenge these barriers by establishing a community-focused bank, aiming to d...
This is clearly an example of something breaking. - The Bridge 00:05
This is clearly an example of something breaking.
We can assume that there's serious contagion here. - The Bridge 00:05
We can assume that there's serious contagion here.
Over the weekend, negative sentiment spread all over. - The Bridge 00:06
Over the weekend, negative sentiment spread all over.
What prevents runs on a whole bunch more banks next week? Unclear. - The Bridge 00:06
What prevents runs on a whole bunch more banks next week? Un...
It's never great - The Bridge 00:08
It's never great
What are we doing to prepare? Do we have enough liquidity? - The Bridge 00:06
What are we doing to prepare? Do we have enough liquidity?
We had to make sure our customers trusted us, - The Bridge 00:06
We had to make sure our customers trusted us,
We have the earnings that allow us to connect, to interact, - The Bridge 00:09
We have the earnings that allow us to connect, to interact,
We specialize to be that financial bridge between East and West. - The Bridge 00:07
We specialize to be that financial bridge between East and W...
We have a purpose and we can make a difference to the world. - The Bridge 00:08
We have a purpose and we can make a difference to the world.
Immigrants have always played a vital role in American history, - The Bridge 00:09
Immigrants have always played a vital role in American histo...
Fifty years ago, Chinese Americans were denied loans. - The Bridge 00:06
Fifty years ago, Chinese Americans were denied loans.
In response, eight brave individuals from Chinatown took action, - The Bridge 00:11
In response, eight brave individuals from Chinatown took act...
It's always astounding to see the vast distances that people travel - The Bridge 00:14
It's always astounding to see the vast distances that p...
Chinese started coming to the Americas beginning in the 16th and 17th century. - The Bridge 00:08
Chinese started coming to the Americas beginning in the 16th...
Both were house servants for white families who had moved into the area. - The Bridge 00:08
Both were house servants for white families who had moved in...
Los Angeles itself was really the Wild West. - The Bridge 00:08
Los Angeles itself was really the Wild West.
So in 1870, it's about 5000 people. - The Bridge 00:06
So in 1870, it's about 5000 people.
And of that 5000, there are around 200 Chinese. - The Bridge 00:07
And of that 5000, there are around 200 Chinese.
In October of 1871, there is some gunfire, - The Bridge 00:31
In October of 1871, there is some gunfire,