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The markets can't open Monday
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Too Big to Fail

The markets can't open Monday without a resolution of Morgan Stanley. We really need you...

Timothy Geithner: The markets can't open Monday without a resolution of Morgan Stanley. We really need you to do a deal.
Ben Bernanke: You need to call Jamie.
John Mack: I called Jamie. He doesn't want us. There's too much overlap.
Timothy Geithner: We've spoken to him. He'll do it.
John Mack: For what, a dollar? Why would I do that? I got China Investment and Mitsubishi kicking my tires.
Timothy Geithner: I know those guys. They're not gonna close a deal in time. We want you to call Jamie.
John Mack: Let me ask you a question. 35,000 jobs just disappeared in this city between AIG, Lehman and Bear. We make a deal with Jamie, he'll fire 20,000 Morgan Stanley employees. You think that's good public policy?
Ben Bernanke: John, we are looking at the whole system here

Full Transcript

00:00:01.000 --> 00:00:03.989
The markets can't open Monday
00:00:03.036 --> 00:00:05.438
without a resolution on Morgan Stanley
00:00:05.472 --> 00:00:07.094
We really need you to do a deal
00:00:07.975 --> 00:00:10.308
You need to call Jamie I called Jamie
00:00:10.343 --> 00:00:12.543
He doesn't want us There's too much overlap
00:00:12.577 --> 00:00:13.944
We've spoken to him He'll do it
00:00:13.978 --> 00:00:16.646
For what a dollar Why would I do that
00:00:16.681 --> 00:00:18.315
I got China Investment
00:00:18.349 --> 00:00:20.998
and Mitsubishi kicking my tires
00:00:20.118 --> 00:00:23.654
I know those guys They're not gonna close a deal in time
00:00:23.688 --> 00:00:26.857
We want you to call Jamie
00:00:26.891 --> 00:00:28.692
Let me ask you a question
00:00:28.726 --> 00:00:31.695
35 000 jobs just disappeared in this city
00:00:31.729 --> 00:00:33.897
between A I G Lehman and Bear
00:00:33.931 --> 00:00:35.399
We make a deal with Jamie
00:00:35.433 --> 00:00:38.468
he'll fire 20 000 Morgan Stanley employees
00:00:38.503 --> 00:00:40.637
You think that's good public policy
00:00:40.671 --> 00:00:44.107
John we are looking at the whole system here
Duration
45 seconds
Views
260
Timestamp in Movie
01:16:00
Uploaded
May 17, 2024
Production
N/A

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Movie Summary

Chronicles the financial meltdown of 2008 and centers on Treasury Secretary Henry Paulson.