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The government asked Chase to set up a branch in Saigon
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The Spider's Web: Britain's Second Empire

The government asked Chaseto set up a branch in Saigon during the Vietnam War,and as you...

The government asked Chase
to set up a branch in Saigon during the Vietnam War,
and as you can imagine, it didn't have windows

Full Transcript

00:00:01.000 --> 00:00:04.044
- The government asked Chase to set up a branch in Saigon
00:00:04.044 --> 00:00:06.204
during the Vietnam War, and as you can imagine,
00:00:06.204 --> 00:00:07.078
it didn't have windows.
Duration
9 seconds
Views
26
Timestamp in Movie
00:37:51
Uploaded
Oct 30, 2025
Genres
documentary
Production
N/A

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Movie Summary

How Britain transformed from an imperial power to a financial power.
It lost money, but the government went to Chase, - The Spider's Web: Britain's Second Empire 00:14
It lost money, but the government went to Chase,
It'll get the general to go, - The Spider's Web: Britain's Second Empire 00:05
It'll get the general to go,
That's what the United States was trying to stop. - The Spider's Web: Britain's Second Empire 00:06
That's what the United States was trying to stop.
- [Narrator] The US was not successful - The Spider's Web: Britain's Second Empire 00:06
- [Narrator] The US was not successful
So it began to hatch a different plan. - The Spider's Web: Britain's Second Empire 00:06
So it began to hatch a different plan.
In 1967, Michael Hudson was handed a memo - The Spider's Web: Britain's Second Empire 00:08
In 1967, Michael Hudson was handed a memo
- In 1967, I was given - The Spider's Web: Britain's Second Empire 00:22
- In 1967, I was given
The State Department, through Chase, asked me - The Spider's Web: Britain's Second Empire 00:13
The State Department, through Chase, asked me
The plan was to organize offshore banking centers - The Spider's Web: Britain's Second Empire 00:08
The plan was to organize offshore banking centers
And the hot money wouldn't come directly into Chase, - The Spider's Web: Britain's Second Empire 00:09
And the hot money wouldn't come directly into Chase,
What happened was that the Latin American criminals, - The Spider's Web: Britain's Second Empire 00:20
What happened was that the Latin American criminals,
- [Narrator] By moving offshore dollars back - The Spider's Web: Britain's Second Empire 00:11
- [Narrator] By moving offshore dollars back
- Every country looks to its foreign exchange rate. - The Spider's Web: Britain's Second Empire 00:06
- Every country looks to its foreign exchange rate.
The foreign exchange rate is not only imports and exports. - The Spider's Web: Britain's Second Empire 00:05
The foreign exchange rate is not only imports and exports.
It's capital movements, and if you look - The Spider's Web: Britain's Second Empire 00:15
It's capital movements, and if you look
What goes up and down are called errors and omissions. - The Spider's Web: Britain's Second Empire 00:05
What goes up and down are called errors and omissions.
What the United Nations and the IMF call errors - The Spider's Web: Britain's Second Empire 00:07
What the United Nations and the IMF call errors
It's the reason that it's omitted is they don't like - The Spider's Web: Britain's Second Empire 00:07
It's the reason that it's omitted is they don'...
In the 1930s, Roy Ovid Hall, - The Spider's Web: Britain's Second Empire 00:13
In the 1930s, Roy Ovid Hall,
I was told, in Washington, the argument was, - The Spider's Web: Britain's Second Empire 00:07
I was told, in Washington, the argument was,