Too Big to Fail (2011)

A close look behind the scenes, between late March and mid-October, 2008: we follow Richard Fuld's benighted attempt to save Lehman Brothers; conversations among Hank Paulson (the Secretary of the Treasury), Ben Bernanke (chair of the Federal Reserve), and Tim Geithner (president of the New York Fed) as they seek a private solution for Lehman's; and, back-channel negotiations among Paulson, Warren Buffet, investment bankers, a British regulator, and members of Congress as almost all work to save the U.S. economy. By the end, with the no-strings bailout arranged, modest confidence restored on Wall Street, and a meltdown averted, Paulson wonders if banks will lend.

A close look behind the scenes, between late March and mid-October, 2008: we follow Richard Fuld's benighted attempt to save Lehman Brothers; conversations among Hank Paulson (the Secretary of the Treasury)

In March 2011, people in a coastal Japanese city stood atop a seawall watching the approach of the tsunami that would kill them. They believed—naively—that the huge concrete barrier would save them. Instead they perished, betrayed by the very thing built to protect them. Erratic weather, blistering drought, rising seas, and ecosystem collapse now affect every inch of the globe. Increasingly, we no longer look to stop climate change, choosing instead to adapt to it.