After the Crash: Authority and Trust
What were the origins of the 2008 financial crisis and how did it affect our trust in authorities and experts? Professor Ian Goldin finds out.
In 2008 the world financial system had a heart attack. Gripped by panic, banks stopped lending, cash ran out and the world came to the edge of a financial precipice. As millions of people lost their jobs and as the shock that started in Wall Street reverberated around the world, the crisis led to a collapse of the Greek, Spanish, Icelandic and other economies.
Professor Ian Goldin looks at the origins of the crash and he examines how it affected our trust in authorities and experts. He travels to New York to talk to some of the world鈥檚 leading academics including Joseph Stiglitz, Jeffrey Sachs and Adam Tooze and he hears from a former Lehman Brothers employee about the final days of the troubled business whose collapse led to the financial crisis.
Presenter: Ian Goldin
Producer: Ben Carter
(Photo: Two employees of Christie's auction house manoeuvre the Lehman Brothers corporate logo in London
Credit: Oli Scarff/Getty Images)
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How the banking crash was like a drive-through restaurant
Duration: 02:04
Broadcasts
- Wed 26 Sep 2018 02:32GMT大象传媒 World Service Online, Americas and the Caribbean, UK DAB/Freeview, West and Central Africa & Europe and the Middle East only
- Wed 26 Sep 2018 03:32GMT大象传媒 World Service South Asia & East Asia only
- Wed 26 Sep 2018 04:32GMT大象传媒 World Service Australasia
- Wed 26 Sep 2018 12:32GMT大象传媒 World Service except News Internet
- Wed 26 Sep 2018 21:06GMT大象传媒 World Service except News Internet
- Sun 30 Sep 2018 09:32GMT大象传媒 World Service except News Internet
Featured in...
How the 2008 crash shaped the world we live in—Business Daily
Stories from people involved in the crash and how its effects are still felt today
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