1 00:00:06,000 --> 00:00:12,074 Polowo ọja tabi ami iyasọtọ rẹ nibi olubasọrọ www.OpenSubtitles.org loni 2 00:01:08,000 --> 00:01:12,500 Iceland jẹ ijọba tiwantiwa iduroṣinṣin pẹlu ipo igbe aye giga ... 3 00:01:12,501 --> 00:01:14,000 ati titi di aipẹ... 4 00:01:14,001 --> 00:01:19,000 lalailopinpin kekere alainiṣẹ ati gbese ijoba. 5 00:01:19,001 --> 00:01:23,000 A ni awọn amayederun pipe ti awujo igbalode: 6 00:01:23,001 --> 00:01:26,000 agbara mimọ, iṣelọpọ ounjẹ, 7 00:01:26,001 --> 00:01:29,000 ipeja pẹlu kan ipin eto lati ṣakoso wọn. 8 00:01:29,001 --> 00:01:31,000 Itọju ilera to dara ati ẹkọ ti o dara, 9 00:01:31,001 --> 00:01:35,000 afẹfẹ mimọ, kii ṣe ẹṣẹ pupọ, 10 00:01:35,001 --> 00:01:37,000 O jẹ aaye ti o dara fun awọn idile si igbesi aye ... 11 00:01:37,001 --> 00:01:41,000 A ni fere "opin itan" ipo. 12 00:01:42,000 --> 00:01:47,000 Sugbon ni 2000 Iceland ijoba bẹrẹ eto imulo gbooro ti idinkuro… 13 00:01:47,001 --> 00:01:49,400 ti yoo ni awọn abajade buburu… 14 00:01:49,401 --> 00:01:54,000 akọkọ fun ayika ati lẹhinna fun aje ... 15 00:01:54,001 --> 00:01:55,000 Wọn bẹrẹ nipasẹ gbigba ... 16 00:01:55,001 --> 00:01:57,500 awọn ile-iṣẹ orilẹ-ede bii Alcova… 17 00:01:57,501 --> 00:02:00,000 lati kọ omiran aluminiomu gbigbo eweko ... 18 00:02:00,001 --> 00:02:02,800 ki o si lo nilokulo Iceland geothermal adayeba ... 19 00:02:02,801 --> 00:02:05,000 ati awọn orisun agbara hydroelectric. 20 00:02:05,600 --> 00:02:08,000 Ọpọlọpọ awọn agbegbe ti o lẹwa julọ ni oke... 21 00:02:08,001 --> 00:02:14,000 pẹlu awọn awọ ti o yanilenu julọ jẹ geothermal. 22 00:02:14,001 --> 00:02:19,000 Nitorina ko si ohun ti o wa laisi awọn abajade. 23 00:02:54,000 --> 00:02:57,800 Ni akoko kanna ijọba sọ di ikọkọ… 24 00:02:57,801 --> 00:03:00,000 Awọn banki nla mẹta ti Iceland… 25 00:03:00,001 --> 00:03:04,000 The result was one of the purest awọn adanwo ni idalọwọduro owo... 26 00:03:04,001 --> 00:03:06,000 lailai waiye. 27 00:03:15,000 --> 00:03:19,000 Isuna gba ati hun, 28 00:03:19,001 --> 00:03:20,701 diẹ ẹ sii tabi kere si iparun ibi naa. 29 00:03:21,001 --> 00:03:24,000 In a 5 year period this three tiny banks... 30 00:03:24,001 --> 00:03:27,000 eyi ti o ti ko ṣiṣẹ ita Island... 31 00:03:27,001 --> 00:03:30,000 ya 120 bilionu owo dola... 32 00:03:30,001 --> 00:03:33,000 igba mẹwa ni iwọn ti aje Iceland. 33 00:03:33,001 --> 00:03:35,500 Awọn oṣiṣẹ banki wẹ owo lori ara wọn... 34 00:03:35,501 --> 00:03:38,000 kọọkan miiran ati awọn won ọrẹ. 35 00:03:38,001 --> 00:03:39,000 Okuta nla kan wa... 36 00:03:39,001 --> 00:03:43,000 Awọn idiyele ọja lọ soke nipasẹ ipin mẹsan, 37 00:03:43,001 --> 00:03:47,000 iye owo ile diẹ sii ju ilọpo meji lọ ... 38 00:03:47,500 --> 00:03:49,500 Iceland bubble fun awọn eniyan dide… 39 00:03:49,501 --> 00:03:52,000 bi Jon Asgeir Johannesson. 40 00:03:52,001 --> 00:03:53,500 O ya awọn biliọnu lati awọn banki ... 41 00:03:53,501 --> 00:03:56,300 lati ra awọn iṣowo soobu giga-giga ni London. 42 00:03:56,301 --> 00:03:59,500 O tun ra ọkọ ofurufu aladani pinstriped, 43 00:03:59,501 --> 00:04:01,300 ọkọ oju omi 40 milionu dọla ... 44 00:04:01,301 --> 00:04:04,000 ati ki o kan Manhattan penthouse. 45 00:04:04,001 --> 00:04:05,500 Awọn iwe iroyin nigbagbogbo ni awọn akọle: 46 00:04:05,501 --> 00:04:07,500 miliọnu yii ra ile-iṣẹ yii... 47 00:04:07,501 --> 00:04:13,000 ni UK tabi ni Finland tabi ni France tabi nibikibi. 48 00:04:13,001 --> 00:04:15,500 Dipo ki o sọ... 49 00:04:15,501 --> 00:04:19,000 olowo-owo yii gba awin bilionu kan ... 50 00:04:19,001 --> 00:04:21,400 lati ra ile-iṣẹ yii ... 51 00:04:21,401 --> 00:04:24,000 ati pe o gba lati banki agbegbe rẹ. 52 00:04:24,001 --> 00:04:26,000 Awọn ile-ifowopamọ ṣeto awọn owo ọja owo ... 53 00:04:26,001 --> 00:04:28,600 ati awọn ile-ifowopamọ niyanju awọn ohun idogo lati... 54 00:04:28,601 --> 00:04:32,000 yọ owo kuro ki o si fi wọn ni a owo oja owo. 55 00:04:32,001 --> 00:04:34,000 Ilana Ponzi nilo ohun gbogbo ti o le, huh? 56 00:04:34,001 --> 00:04:37,500 Awọn ile-iṣẹ iṣiro Amẹrika bi KPMG… 57 00:04:37,501 --> 00:04:40,500 ṣayẹwo awọn banki Iceland ati awọn ile-iṣẹ idoko-owo ... 58 00:04:40,501 --> 00:04:42,000 ko si ri ohun ti ko tọ. 59 00:04:42,001 --> 00:04:44,500 Ati awọn ile-iṣẹ igbelewọn kirẹditi Amẹrika… 60 00:04:44,501 --> 00:04:46,000 wi Iceland jẹ iyanu. 61 00:04:46,001 --> 00:04:49,000 Ni Oṣu Keji ọdun 2007... 62 00:04:49,001 --> 00:04:50,200 awọn ile-iṣẹ iyasọtọ pinnu ... 63 00:04:50,201 --> 00:04:52,000 lati ṣe igbesoke awọn banki ... 64 00:04:52,001 --> 00:04:55,000 si oṣuwọn ti o ṣeeṣe ga julọ � AAA. 65 00:04:55,001 --> 00:04:57,500 O lọ titi di ijọba nibi ... 66 00:04:57,501 --> 00:05:03,000 rin pẹlu awọn banki bi a PR show. 67 00:05:05,000 --> 00:05:08,500 Nigbati awọn banki Iceland ṣubu ni opin 2008... 68 00:05:08,501 --> 00:05:13,000 alainiṣẹ tripled ni 6 osu. 69 00:05:14,000 --> 00:05:19,000 Ko si ẹnikan ti ko ni ipa ni Iceland. 70 00:05:24,000 --> 00:05:28,500 - Nitorina ọpọlọpọ awọn eniyan nibi padanu awọn ifowopamọ wọn. - Bẹẹni iyẹn ni ọran. 71 00:05:28,501 --> 00:05:30,200 Awọn alakoso ijọba ... 72 00:05:30,201 --> 00:05:32,300 tani o yẹ ki o ni aabo Awọn ara ilu Iceland... 73 00:05:32,301 --> 00:05:35,000 ti ṣe ohunkohun. 74 00:05:35,001 --> 00:05:37,000 O ni agbẹjọro meji... 75 00:05:37,001 --> 00:05:39,000 lati ile-iṣẹ olutọsọna tani n bọ si banki... 76 00:05:39,001 --> 00:05:41,000 lati sọrọ nipa diẹ ninu awọn oran. 77 00:05:41,001 --> 00:05:43,000 Nigbati wọn ba sunmọ ile-ifowopamọ ... 78 00:05:43,001 --> 00:05:49,000 won yoo ri mọkandinlogun SUV's ita banki... 79 00:05:49,001 --> 00:05:50,000 nitorina o lọ si banki ati pe o ni... 80 00:05:50,001 --> 00:05:54,000 mọkandilogun amofin joko niwaju rẹ... 81 00:05:54,001 --> 00:05:56,500 ti pese sile daradara, 82 00:05:56,501 --> 00:05:59,700 setan lati pa eyikeyi ariyanjiyan o ṣe... 83 00:05:59,701 --> 00:06:01,400 ati lẹhinna ti o ba ṣe daradara pupọ ... 84 00:06:01,401 --> 00:06:03,000 wọn fun ọ ni iṣẹ. 85 00:06:03,001 --> 00:06:06,100 Idamẹta ti Iceland awọn olutọsọna owo... 86 00:06:06,101 --> 00:06:09,000 lọ lati sise fun awọn bèbe. 87 00:06:09,001 --> 00:06:12,300 Ṣugbọn eyi jẹ iṣoro gbogbo agbaye, 88 00:06:12,301 --> 00:06:16,500 ni New York o ni iṣoro kanna, otun? 89 00:06:46,001 --> 00:06:49,000 Kini o ro ti awọn owo-wiwọle Wall Street ni awọn ọjọ yii? 90 00:06:49,001 --> 00:06:50,500 Pupọ. 91 00:06:53,000 --> 00:06:55,000 A ti sọ fun mi pe o nira pupọ… 92 00:06:55,001 --> 00:06:58,000 fun IMF lati ṣofintoto Amẹrika. 93 00:06:58,001 --> 00:07:00,500 Emi kii yoo sọ iyẹn. 94 00:07:06,000 --> 00:07:10,500 A banujẹ jinna awọn irufin wa ti ofin AMẸRIKA. 95 00:07:13,000 --> 00:07:15,000 Iyanu ni wọn... 96 00:07:15,001 --> 00:07:18,000 Elo koko Awọn onija odi wọnyi le lo... 97 00:07:18,001 --> 00:07:21,000 ki o si dide ki o lọ si iṣẹ ojo keji. 98 00:07:23,000 --> 00:07:27,000 Emi ko mọ ohun ti gbese aiyipada swaps. 99 00:07:27,001 --> 00:07:29,500 Mo ti atijọ bit asa. 100 00:07:34,000 --> 00:07:37,000 Njẹ Larry Summers ti ṣe afihan ironupiwada lailai? 101 00:07:37,001 --> 00:07:40,000 Nko gbo ijewo. 102 00:07:54,000 --> 00:07:55,700 Ijọba kan kọ awọn sọwedowo… 103 00:07:55,701 --> 00:07:59,000 Ilana A, iyẹn ni ero B ati pe iyẹn ni ero C. 104 00:07:59,001 --> 00:08:02,000 Ṣe iwọ yoo ṣe atilẹyin awọn iṣakoso ofin lori sanwo alase? 105 00:08:02,001 --> 00:08:05,000 Emi yoo ko. 106 00:08:08,001 --> 00:08:10,000 Ṣe o ni itara pẹlu... 107 00:08:10,001 --> 00:08:12,500 ofin ti biinu ni owo iṣẹ ile ise? 108 00:08:12,501 --> 00:08:14,500 Ti wọn ba ni idaniloju, lẹhinna bẹẹni, Emi ni. 109 00:08:14,501 --> 00:08:17,000 - Ṣe o ro pe wọn ṣe iṣeduro? - Mo ro pe wọn ṣe iṣeduro. 110 00:08:19,000 --> 00:08:22,000 Ati nitorinaa o ṣe iranlọwọ fun eniyan yii fẹ aye soke? 111 00:08:22,001 --> 00:08:24,000 O le sọ bẹ. 112 00:08:33,000 --> 00:08:37,000 Wọn ni awọn anfani ikọkọ ti o pọju ni gbangba isonu. 113 00:08:45,000 --> 00:08:46,700 Nigbati o ba bẹrẹ ronu ... 114 00:08:46,701 --> 00:08:48,700 o le ṣẹda nkankan ninu ohunkohun... 115 00:08:48,701 --> 00:08:51,000 o jẹ gidigidi soro lati koju. 116 00:09:04,000 --> 00:09:06,500 Mo ni aniyan pe ọpọlọpọ eniyan ... 117 00:09:06,501 --> 00:09:08,000 fẹ pada si ọna atijọ ... 118 00:09:08,001 --> 00:09:11,500 ọna ti wọn nṣiṣẹ ṣaaju si aawọ. 119 00:09:21,000 --> 00:09:24,400 Mo n gba ọpọlọpọ awọn imeeli anonymus lati ọdọ awọn oṣiṣẹ banki... 120 00:09:24,401 --> 00:09:26,400 O sọ pe "O ko le sọ mi, 121 00:09:26,401 --> 00:09:28,400 ṣugbọn emi ni aniyan gaan." 122 00:09:33,500 --> 00:09:35,000 Kini idi ti o ro pe ko si ... 123 00:09:35,001 --> 00:09:38,500 kan diẹ ifinufindo iwadi n ṣe adehun? 124 00:09:38,501 --> 00:09:41,000 Nitori lẹhinna o yoo ri awọn ẹlẹṣẹ. 125 00:09:44,001 --> 00:09:45,500 Ṣe o ro Ile-iwe Iṣowo Columbia yẹn… 126 00:09:45,501 --> 00:09:48,999 ni o ni eyikeyi significant rogbodiyan ti isoro anfani? 127 00:09:49,000 --> 00:09:51,000 Maṣe rii pe a ṣe. 128 00:10:00,000 --> 00:10:02,000 Awọn olutọsọna ko ṣe iṣẹ wọn ... 129 00:10:02,001 --> 00:10:04,200 wọ́n ní agbára láti ṣe 130 00:10:04,201 --> 00:10:06,000 gbogbo ọran ti mo ṣe nigbati mo jẹ aṣoju ijọba gbogbogbo ... 131 00:10:06,001 --> 00:10:08,000 nwọn o kan ko fẹ o. 132 00:10:25,500 --> 00:10:27,800 Lori ìparí, Lehman Brothers ọkan ninu awọn olokiki julọ ... 133 00:10:27,801 --> 00:10:30,800 ati awọn banki idoko-owo ti o tobi julọ, ti fi agbara mu lati kede ararẹ ni owo-owo... 134 00:10:30,801 --> 00:10:33,500 miiran, Merrill Lynch, ti fi agbara mu lati ta ara rẹ loni. 135 00:10:33,501 --> 00:10:35,500 - Awọn ijiroro idaamu ti nlọ lọwọ… - Awọn ọja inawo agbaye ... 136 00:10:35,501 --> 00:10:37,000 wa ni isalẹ loni... 137 00:10:37,001 --> 00:10:41,000 ìgbésẹ idagbasoke fun awọn omiran Odi Street meji ... 138 00:10:46,000 --> 00:10:48,800 Oṣu Kẹsan ọdun 2008... 139 00:10:48,801 --> 00:10:52,000 idiyele ti banki idoko-owo AMẸRIKA Awọn arakunrin Lehman... 140 00:10:52,001 --> 00:10:53,500 ati iparun ti aye ... 141 00:10:53,501 --> 00:10:56,000 Ile-iṣẹ iṣeduro ti o tobi julọ AIG ... 142 00:10:56,001 --> 00:10:58,500 o fa idaamu owo agbaye ... 143 00:10:58,501 --> 00:10:59,700 iberu gripped awọn ọja moju... 144 00:10:59,701 --> 00:11:01,300 pẹlu awọn akojopo Asia pa nipasẹ ... 145 00:11:01,301 --> 00:11:02,600 Awọn ọjà ṣubu lori okuta kan… 146 00:11:02,601 --> 00:11:05,400 awọn tobi nikan ojuami ju ninu itan. 147 00:11:05,401 --> 00:11:07,600 Awọn idiyele pinpin tẹsiwaju lati ṣubu ni... 148 00:11:07,601 --> 00:11:11,000 àbájáde ìwópalẹ̀ Lehman. 149 00:11:12,000 --> 00:11:14,500 Abajade jẹ ipadasẹhin agbaye ... 150 00:11:14,501 --> 00:11:17,500 eyi ti owo aye mewa ti aimọye ti dọla... 151 00:11:17,501 --> 00:11:20,000 sọ 30 milionu eniyan ni alainiṣẹ ... 152 00:11:20,001 --> 00:11:23,500 ati ilọpo meji gbese orilẹ-ede ti US. 153 00:11:23,501 --> 00:11:25,500 Ti o ba wo awọn idiyele rẹ: 154 00:11:25,501 --> 00:11:28,500 eto ti inifura welth, ti oro ile... 155 00:11:28,501 --> 00:11:31,000 lẹhinna eto ti owo oya, ti awọn iṣẹ, 156 00:11:31,001 --> 00:11:33,500 15 milionu eniyan ni agbaye ... 157 00:11:33,501 --> 00:11:37,999 le mu soke ni isalẹ awọn osi ila lẹẹkansi. 158 00:11:38,000 --> 00:11:42,000 Eyi jẹ nla kan, hugely gbowolori aawọ. 159 00:11:42,001 --> 00:11:45,000 Idaamu yii kii ṣe ijamba. 160 00:11:45,001 --> 00:11:48,500 O ṣẹlẹ nipasẹ ile-iṣẹ iṣakoso jade. 161 00:11:48,501 --> 00:11:52,000 Niwon awọn 1980 ilosoke ti eka owo AMẸRIKA… 162 00:11:52,001 --> 00:11:53,500 ti yori si kan lẹsẹsẹ ... 163 00:11:53,501 --> 00:11:57,000 ti increasingly àìdá owo rogbodiyan. 164 00:11:57,001 --> 00:12:00,000 Aawọ kọọkan ti fa ibajẹ diẹ sii… 165 00:12:00,001 --> 00:12:04,000 nigba ti ile ise ti ṣe diẹ sii ati diẹ owo. 166 00:12:05,000 --> 00:12:09,000 Apa I. Bawo ni a ti de ibi 167 00:12:11,001 --> 00:12:14,200 Lẹhin Ibanujẹ Nla Orilẹ Amẹrika... 168 00:12:14,201 --> 00:12:16,500 ni 40 ọdun ti idagbasoke oro aje... 169 00:12:16,501 --> 00:12:19,002 laisi idaamu owo kan… 170 00:12:19,003 --> 00:12:22,000 awọn owo ile ise ni wiwọ ofin... 171 00:12:22,004 --> 00:12:24,400 julọ deede bèbe jẹ awọn iṣowo agbegbe ... 172 00:12:24,401 --> 00:12:26,500 nwọn si ni idinamọ lati arosọ... 173 00:12:26,501 --> 00:12:29,000 pẹlu depositors ifowopamọ. 174 00:12:29,001 --> 00:12:30,000 Awọn banki idoko-owo... 175 00:12:30,001 --> 00:12:32,400 eyi ti o kapa iṣura ati awọn iṣowo iwe adehun ... 176 00:12:32,401 --> 00:12:35,500 wà kekere ikọkọ Ìbàkẹgbẹ. 177 00:12:35,501 --> 00:12:37,400 Ninu ile-ifowopamọ idoko-owo ibile… 178 00:12:37,401 --> 00:12:39,300 awoṣe ajọṣepọ ... 179 00:12:39,301 --> 00:12:41,001 awọn alabaṣepọ fi owo naa soke ... 180 00:12:41,002 --> 00:12:43,000 ati ki o han ni awọn alabaṣepọ ... 181 00:12:43,001 --> 00:12:45,000 wo owo yẹn ni iṣọra. 182 00:12:45,001 --> 00:12:46,700 Wọn fẹ lati gbe daradara ... 183 00:12:46,701 --> 00:12:48,000 ṣugbọn wọn ko fẹ lati... 184 00:12:48,001 --> 00:12:49,500 tẹtẹ ọsin lori ohunkohun. 185 00:12:49,501 --> 00:12:53,000 Paul Volcker sìn lori ẹka iṣura... 186 00:12:53,001 --> 00:12:54,300 o si jẹ alaga ti Federal Reserve... 187 00:12:54,301 --> 00:12:57,800 lati 1979... 1987. 188 00:12:57,801 --> 00:12:59,500 Ṣaaju ki o to lọ si ijọba, 189 00:12:59,501 --> 00:13:01,300 o jẹ onimọ-ọrọ-aje… 190 00:13:01,301 --> 00:13:03,000 ni Chase Manhattan Bank. 191 00:13:03,001 --> 00:13:08,001 Nigbati mo kuro ni Chase lati lọ si Iṣura ni ọdun 1969… 192 00:13:08,002 --> 00:13:10,300 Mo ro pe owo oya mi wa ni aladugbo... 193 00:13:10,301 --> 00:13:13,399 - ti 45,000 dọla fun ọdun kan. - 45,000 dọla ni ọdun kan? 194 00:13:13,400 --> 00:13:16,500 Morgan Stanley ni ọdun 1972 ... 195 00:13:16,501 --> 00:13:21,500 ní isunmọ 110 lapapọ eniyan. 196 00:13:21,501 --> 00:13:26,013 Ọfiisi kan ati olu ti $12,000,000 197 00:13:26,014 --> 00:13:31,000 Bayi Morgan Stanley ni Awọn oṣiṣẹ 50,000 ... 198 00:13:31,001 --> 00:13:36,000 ati pe o ni olu ti ọpọlọpọ awọn bilionu ... 199 00:13:36,001 --> 00:13:38,000 ati pe o ni awọn ọfiisi ni gbogbo agbaye. 200 00:13:38,001 --> 00:13:41,015 Ni awọn ọdun 1980 owo ile ise exploded. 201 00:13:41,500 --> 00:13:43,500 Awọn banki idoko-owo lọ ni gbangba ... 202 00:13:43,501 --> 00:13:47,000 fun wọn ni iye nla ti owo idaduro iṣura. 203 00:13:47,001 --> 00:13:51,500 Awọn eniyan lori Wall Street bẹrẹ si ni ọlọrọ. 204 00:13:51,501 --> 00:13:54,500 Mo ni ọrẹ kan ti o jẹ oniṣowo adehun ... 205 00:13:54,501 --> 00:13:59,000 Merilyn Lynch ni awọn ọdun 1970. 206 00:13:59,001 --> 00:14:03,000 O ni iṣẹ kan bi oludari ọkọ oju irin ni alẹ. 207 00:14:03,001 --> 00:14:04,000 Nitoripe o ni awọn ọmọde mẹta ... 208 00:14:04,001 --> 00:14:06,500 ati pe ko le ṣe atilẹyin fun wọn ... 209 00:14:06,501 --> 00:14:08,000 lori ohun ti a mnu onisowo ṣe. 210 00:14:08,001 --> 00:14:11,400 Ni ọdun 1986 o ṣe miliọnu dọla... 211 00:14:11,401 --> 00:14:15,000 ati ki o ro o je nitori o jẹ ọlọgbọn. 212 00:14:15,001 --> 00:14:17,600 Ilana iṣowo ti o ga julọ ṣaaju orilẹ-ede ... 213 00:14:17,601 --> 00:14:20,600 ni lati mu aisiki eto-ọrọ wa pada. 214 00:14:20,601 --> 00:14:23,300 Ni ọdun 1981 Alakoso Ronald Reagan… 215 00:14:23,301 --> 00:14:25,000 yan Akọwe Iṣura… 216 00:14:25,001 --> 00:14:27,500 CEO ti banki idoko-owo Merrill Lynch... 217 00:14:27,501 --> 00:14:29,000 Donald Regan. 218 00:14:29,001 --> 00:14:32,701 Odi Street ati Aare ma ri oju si oju. 219 00:14:32,702 --> 00:14:34,700 Mo ti ba ọpọlọpọ awọn olori sọrọ ti odi Street... 220 00:14:34,701 --> 00:14:38,200 àwọn pẹ̀lú yóò wà lẹ́yìn Aare lori 100%. 221 00:14:38,201 --> 00:14:39,500 Isakoso Reagan… 222 00:14:39,501 --> 00:14:42,000 atilẹyin nipasẹ economists ati lobbyist owo... 223 00:14:42,001 --> 00:14:47,000 bẹrẹ akoko 30 ọdun ti owo deregulations. 224 00:14:47,500 --> 00:14:50,200 Ni ọdun 1982 iṣakoso Reagan… 225 00:14:50,201 --> 00:14:53,000 deregulated ifowopamọ ati awọn ile-iṣẹ awin ... 226 00:14:53,001 --> 00:14:54,500 gbigba wọn laaye lati ṣe awọn idoko-owo ti o lewu... 227 00:14:54,501 --> 00:14:56,999 pẹlu wọn depositors 'owo. 228 00:14:57,000 --> 00:14:58,600 Ni opin ọdun mẹwa ... 229 00:14:58,601 --> 00:15:01,800 awọn ọgọọgọrun ti fifipamọ ati awọn ile-iṣẹ awin ti kuna. 230 00:15:01,801 --> 00:15:06,000 Eleyi aawọ iye owo-ori payers 124 bilionu owo dola... 231 00:15:06,001 --> 00:15:09,000 ati iye owo ọpọlọpọ eniyan wọn ifiwe ifowopamọ. 232 00:15:09,001 --> 00:15:12,003 O le jẹ heist banki ti o tobi julọ ninu itan wa. 233 00:15:12,004 --> 00:15:14,000 Ẹgbẹẹgbẹrun ti fifipamọ ati awọn alaṣẹ awin… 234 00:15:14,001 --> 00:15:16,900 lọ sẹwọn fun ikogun awọn ile-iṣẹ wọn. 235 00:15:16,901 --> 00:15:18,500 Ọkan ninu awọn ọran ti o buruju julọ ... 236 00:15:18,501 --> 00:15:20,500 je Charles Keating. 237 00:15:20,501 --> 00:15:23,500 Ni ọdun 1985 nigbati awọn olutọsọna Federal… 238 00:15:23,501 --> 00:15:25,500 bẹrẹ si ṣe iwadii rẹ… 239 00:15:25,501 --> 00:15:27,000 Keating bẹwẹ onimọ-ọrọ-ọrọ kan… 240 00:15:27,001 --> 00:15:29,500 ti a npè ni Alan Greenspan. 241 00:15:29,501 --> 00:15:30,800 Ninu lẹta yii si awọn olutọsọna ... 242 00:15:30,801 --> 00:15:32,500 Greenspan yìn Keating ká... 243 00:15:32,501 --> 00:15:35,000 ohun owo ètò ati oye... 244 00:15:35,001 --> 00:15:36,500 o si wipe o ri ko si ewu ni gbigba... 245 00:15:36,501 --> 00:15:40,000 Keating lati nawo owo onibara. 246 00:15:40,001 --> 00:15:43,210 Keating royin san Greenspan 40.000 dola. 247 00:15:46,500 --> 00:15:49,011 Charles Keating lọ si tubu Kó afterwords. 248 00:15:49,012 --> 00:15:51,500 Bi fun Alan Greenspan ... 249 00:15:51,501 --> 00:15:53,000 Aare Reagan yan fun u ... 250 00:15:53,001 --> 00:15:55,000 Alaga ti banki aringbungbun Amẹrika… 251 00:15:55,001 --> 00:15:56,999 Federal Reserve. 252 00:15:57,015 --> 00:15:58,500 Greenspan ti tun yan... 253 00:15:58,501 --> 00:16:03,000 nipasẹ awọn Aare Clinton ati George W. Bush. 254 00:16:03,001 --> 00:16:05,000 Lakoko ijọba Clinton… 255 00:16:05,001 --> 00:16:07,800 didasilẹ tẹsiwaju labẹ Greenspan. 256 00:16:07,801 --> 00:16:10,200 Ati Akowe Iṣura Robert Rubin, 257 00:16:10,201 --> 00:16:12,000 tele CEO ti banki idoko-owo ... 258 00:16:12,001 --> 00:16:13,800 Goldman Sachs... 259 00:16:13,801 --> 00:16:17,000 ati Larry Summers, Ọjọgbọn ti eto-ọrọ aje Harvard… 260 00:16:17,001 --> 00:16:21,000 Ẹka owo ti Wall Street jẹ alagbara, 261 00:16:21,001 --> 00:16:24,000 nini lobbyist, nini owo pupọ... 262 00:16:24,002 --> 00:16:26,502 igbese nipa igbese gba eto oselu... 263 00:16:26,503 --> 00:16:29,503 mejeeji lori Democratic ati awọn Republikani ẹgbẹ. 264 00:16:30,000 --> 00:16:32,400 Ni ipari awọn ọdun 1990... 265 00:16:32,401 --> 00:16:34,300 eka ti owo ti sọ di ọkan ... 266 00:16:34,301 --> 00:16:36,000 sinu awọn ile-iṣẹ gigantic diẹ. 267 00:16:36,001 --> 00:16:37,700 Ọkọọkan wọn tobi pupọ ... 268 00:16:37,701 --> 00:16:40,500 pe ikuna wọn le deruba gbogbo eto 269 00:16:40,501 --> 00:16:42,700 Ati iṣakoso Clinton ... 270 00:16:42,701 --> 00:16:45,000 iranwo wọn dagba ani tobi. 271 00:16:45,001 --> 00:16:48,000 Ni ọdun 1999 Citicorp ati Awọn arinrin ajo ... 272 00:16:48,001 --> 00:16:50,300 dapọ lati ṣẹda Citigroup... 273 00:16:50,301 --> 00:16:52,000 ile-iṣẹ iṣẹ owo ti o tobi julọ ... 274 00:16:52,001 --> 00:16:53,500 ninu aye. 275 00:16:53,501 --> 00:16:56,000 Awọn àkópọ rú Gilasi-Steagal igbese... 276 00:16:56,001 --> 00:16:58,000 ofin kan ti o kọja lẹhin Ibanujẹ nla… 277 00:16:58,001 --> 00:17:00,800 eyi ti idilọwọ awọn bèbe pẹlu awọn idogo onibara ... 278 00:17:00,801 --> 00:17:04,000 lati lowosi ni eewu idoko-ifowopamọ akitiyan. 279 00:17:04,001 --> 00:17:07,801 O jẹ arufin lati gba Awọn arinrin ajo. 280 00:17:07,802 --> 00:17:09,000 Greenspan ko sọ nkankan. 281 00:17:09,001 --> 00:17:11,200 Federal Reserve fun u ni idasilẹ... 282 00:17:11,201 --> 00:17:15,000 fun odun kan ati lẹhinna wọn gba ofin naa. 283 00:17:15,001 --> 00:17:18,000 Ni 1999 ni iyanju ti Igba ooru ati Rubin ... 284 00:17:18,001 --> 00:17:21,000 Ile asofin ijoba ti kọja “Ofin Glemm-Leach-Bliley” 285 00:17:21,001 --> 00:17:24,700 Ti a mọ si diẹ ninu bi Ofin Relive Citigroup. 286 00:17:24,701 --> 00:17:27,000 O yipo "Glass-Steagal"... 287 00:17:27,001 --> 00:17:30,000 ki o si ko ona fun awọn akojọpọ ọjọ iwaju ... 288 00:17:37,901 --> 00:17:39,400 Kini idi ti o ni awọn banki nla… 289 00:17:39,401 --> 00:17:41,300 nitori awọn ile-ifowopamọ fẹran agbara anikanjọpọn… 290 00:17:41,301 --> 00:17:43,900 nitori awọn ile-ifowopamọ fẹran agbara iparowa, 291 00:17:43,901 --> 00:17:48,500 nitori awọn ile-ifowopamọ mọ pe nigba ti o ba tobi ju... 292 00:17:48,501 --> 00:17:50,000 won yoo gba beeli. 293 00:17:50,100 --> 00:17:52,600 Awọn ọja jẹ riru lainidii… 294 00:17:52,601 --> 00:17:55,500 tabi o kere ju riru 295 00:17:55,501 --> 00:17:59,000 ati ki o yẹ àkàwé awọn ọkọ oju omi atijọ ... 296 00:17:59,001 --> 00:18:02,000 wọn tobi pupọ ati nitorinaa ... 297 00:18:02,001 --> 00:18:04,000 o ni lati fi sinu awọn yara ... 298 00:18:04,001 --> 00:18:07,500 lati yago fun sloshing ni ayika epo ... 299 00:18:07,501 --> 00:18:10,000 lati jibiti ọkọ oju omi naa… 300 00:18:10,001 --> 00:18:13,000 apẹrẹ ti ọkọ oju omi ni lati ṣe akiyesi rẹ ... 301 00:18:13,001 --> 00:18:16,200 ati lẹhin Ibanujẹ ... 302 00:18:16,201 --> 00:18:19,000 Ilana naa ti ṣafihan ni otitọ ... 303 00:18:19,001 --> 00:18:22,000 awọn yara ti ko ni omi pupọ yii… 304 00:18:22,001 --> 00:18:25,000 ati idinku ti yori si... 305 00:18:25,001 --> 00:18:29,000 opin compartmentalization. 306 00:18:29,100 --> 00:18:31,500 Nigbamii ti idaamu wá ni opin ti awọn 90 ká. 307 00:18:31,501 --> 00:18:36,000 Awọn ile-ifowopamọ idoko idana awọn ibi-ti o ti nkuta ni ayelujara akojopo 308 00:18:36,001 --> 00:18:38,500 Eyi ti o tẹle nipasẹ ijamba ni ọdun 2001 ... 309 00:18:38,501 --> 00:18:42,000 ti o ṣẹlẹ 5 aimọye dọla ni awọn adanu idoko-owo. 310 00:18:42,001 --> 00:18:44,500 Igbimọ aabo ati paṣipaarọ… 311 00:18:44,501 --> 00:18:46,000 Federal ibẹwẹ ti a ti ṣẹda... 312 00:18:46,001 --> 00:18:49,000 nigba şuga lati ṣe ilana ile-ifowopamọ idoko-owo… 313 00:18:49,001 --> 00:18:51,000 ti ṣe ohunkohun. 314 00:18:51,001 --> 00:18:53,000 Ni isansa ti itumo fun Federal igbese ... 315 00:18:53,001 --> 00:18:55,200 ati pe ko si ọkan ... 316 00:18:55,201 --> 00:18:57,500 ati fun awọn ko o ikuna ti ara ilana. 317 00:18:57,501 --> 00:19:00,000 O ti wa ni di pataki fun elomiran lati wọle... 318 00:19:00,001 --> 00:19:02,600 ati gba awọn aabo ti o nilo. 319 00:19:02,601 --> 00:19:04,700 Eliot Spitzers iwadi fi hàn pé... 320 00:19:04,701 --> 00:19:06,200 awọn banki idoko-owo ti ni igbega... 321 00:19:06,201 --> 00:19:08,500 ayelujara ilé wọn mọ pe yoo kuna. 322 00:19:08,501 --> 00:19:10,500 Awọn atunnkanwo ọja-ọja ti n sanwo… 323 00:19:10,501 --> 00:19:13,000 da lori bi Elo owo won gbe... 324 00:19:13,001 --> 00:19:14,700 ati ohun ti wọn banujẹ ni gbangba ... 325 00:19:14,701 --> 00:19:17,700 je ohun ti o yatọ lati inu ohun ti wọn banujẹ ni ikọkọ. 326 00:19:17,701 --> 00:19:20,200 Alaye aaye ti a fun Idiyele ti o ga julọ ti ṣee ṣe… 327 00:19:20,201 --> 00:19:23,000 dismissed nipasẹ awọn atunnkanka bi awọn "nkan ti ijekuje". 328 00:19:23,001 --> 00:19:25,000 Iyalẹnu... tun ni idiyele giga… 329 00:19:25,001 --> 00:19:27,000 ti a npe ni "iru kan nkan ti inira". 330 00:19:27,001 --> 00:19:30,300 Awọn olugbeja ti a ti pese ... 331 00:19:30,301 --> 00:19:34,000 nipasẹ ọpọlọpọ awọn banki idoko-owo ... 332 00:19:34,001 --> 00:19:37,500 kii ṣe, o ṣe aṣiṣe, o jẹ… 333 00:19:37,501 --> 00:19:40,000 Gbogbo eniyan n ṣe ati pe gbogbo eniyan mọ ohun ti n ṣẹlẹ… 334 00:19:40,001 --> 00:19:43,001 ati nitorina ko si eniti o yẹ ki o gbekele lori yi atunnkanka lonakona. 335 00:19:43,002 --> 00:19:46,500 Ni Oṣu Keji ọdun 2002 awọn banki idoko-owo mẹwa… 336 00:19:46,501 --> 00:19:49,500 yanju ọran naa fun apapọ ti 1.4 bilionu owo dola... 337 00:19:49,501 --> 00:19:52,403 ó sì ṣèlérí láti yí ọ̀nà wọn padà. 338 00:19:52,600 --> 00:19:55,000 Scott Talbott ni olori lobbyist ... 339 00:19:55,001 --> 00:19:57,000 fun Roundtable Awọn iṣẹ Owo... 340 00:19:57,001 --> 00:19:59,000 ọkan ninu awọn ẹgbẹ ti o lagbara julọ ni Washington... 341 00:19:59,001 --> 00:20:01,000 eyi ti o duro fun fere gbogbo ... 342 00:20:01,001 --> 00:20:03,000 agbaye tobi owo ilé. 343 00:20:03,001 --> 00:20:05,700 Ṣe o ni itunu pẹlu otitọ… 344 00:20:05,701 --> 00:20:07,700 wipe orisirisi ti awọn ile-iṣẹ ọmọ ẹgbẹ rẹ ... 345 00:20:07,701 --> 00:20:11,000 ti ṣe adehun ni o tobi asekale odaran aṣayan iṣẹ-ṣiṣe? 346 00:20:11,001 --> 00:20:13,000 - Iwọ yoo ni lati jẹ pato - Dara... 347 00:20:13,001 --> 00:20:14,500 Ati akọkọ ti gbogbo awọn iṣẹ ọdaràn ... 348 00:20:14,501 --> 00:20:18,000 ko yẹ ki o gba, akoko. 349 00:20:25,500 --> 00:20:27,400 Lati igba ti idinku bẹrẹ ... 350 00:20:27,401 --> 00:20:28,800 awọn ile-iṣẹ inawo ti o tobi julọ ni agbaye… 351 00:20:28,801 --> 00:20:30,500 ti won ti mu owo laundering, 352 00:20:30,501 --> 00:20:34,000 defrauding onibara ati sise awọn iwe rẹ ... 353 00:20:34,001 --> 00:20:36,500 lẹẹkansi, ati lẹẹkansi, ati lẹẹkansi. 354 00:20:47,002 --> 00:20:48,700 Kirẹditi Suisse ṣe iranlọwọ owo funnel… 355 00:20:48,701 --> 00:20:51,002 fun eto iparun Iran ... 356 00:20:51,003 --> 00:20:53,500 ati fun awọn Aerospace Industries Ajo ti Iran... 357 00:20:53,501 --> 00:20:55,000 eyi ti o kọ ballistic missiles. 358 00:20:55,001 --> 00:20:57,000 Eyikeyi alaye ti yoo ṣe idanimọ rẹ ... 359 00:20:57,001 --> 00:21:00,000 bi Iranian yoo wa ni kuro. 360 00:21:00,001 --> 00:21:03,000 Ile ifowo pamo ni owo itanran 536 milionu dola. 361 00:21:03,001 --> 00:21:05,500 Citibank iranwo funnel 1.5 milionu dọla ... 362 00:21:05,501 --> 00:21:07,500 ti owo oògùn jade ti Mexico. 363 00:21:07,501 --> 00:21:09,700 Ṣe o sọ pe o yẹ ki o... 364 00:21:09,701 --> 00:21:13,000 Laimu eyikeyi awọn iwe aṣẹ ti a ti sopọ pẹlu akọọlẹ". 365 00:21:13,001 --> 00:21:14,500 Mo sọ pe ni ọna ṣiṣere... 366 00:21:14,501 --> 00:21:16,400 o wa ni awọn ipele ibẹrẹ ti eyi. 367 00:21:16,401 --> 00:21:18,999 Emi ko tumọ si ni pataki. 368 00:21:20,003 --> 00:21:23,000 Laarin 1998 ati 2003 369 00:21:23,001 --> 00:21:25,000 Fannie Mae ṣaju awọn dukia rẹ… 370 00:21:25,001 --> 00:21:26,800 nipa diẹ ẹ sii ju 10 bilionu owo dola Amerika. 371 00:21:26,801 --> 00:21:29,000 Eleyi iṣiro awọn ajohunše jẹ eka pupọ… 372 00:21:29,001 --> 00:21:30,500 ati awọn ipinnu ti o nilo ... 373 00:21:30,501 --> 00:21:33,000 lori eyiti awọn amoye nigbagbogbo ko gba. 374 00:21:33,001 --> 00:21:35,000 CEO Franklin Raines... 375 00:21:35,001 --> 00:21:37,600 ti o lo Oludari isuna ti Aare Clinton ... 376 00:21:37,601 --> 00:21:41,500 gba lori 52 milionu dọla ni awọn ajeseku. 377 00:21:44,800 --> 00:21:46,200 Nigbati UBS ti mu ... 378 00:21:46,201 --> 00:21:49,000 ran awọn ọlọrọ America lọwọ yago fun owo-ori... 379 00:21:49,001 --> 00:21:52,000 wọn kọ lati fọwọsowọpọ pẹlu US ijoba. 380 00:21:52,001 --> 00:21:54,001 Ṣe iwọ yoo fẹ lati pese awọn orukọ? 381 00:21:54,002 --> 00:21:56,000 Ti ilana adehun ba wa... 382 00:21:56,001 --> 00:21:57,300 Ko si ilana adehun, 383 00:21:57,301 --> 00:21:59,400 o ti gba o kopa ni a jegudujera. 384 00:21:59,401 --> 00:22:00,603 Unh... 385 00:22:11,004 --> 00:22:14,004 Ṣugbọn nigba ti ile-iṣẹ naa dojukọ awọn itanran ti a ko tii ri tẹlẹ... 386 00:22:14,005 --> 00:22:15,500 awọn ile-iṣẹ idoko-owo ko… 387 00:22:15,501 --> 00:22:17,600 ni lati gba eyikeyi ti ko tọ si ṣe. 388 00:22:17,601 --> 00:22:19,000 Nigbati o tobi yii ati pe o nṣe itọju ... 389 00:22:19,001 --> 00:22:21,000 pẹlu yi ọpọlọpọ awọn ọja ati ọpọlọpọ awọn onibara ... 390 00:22:21,001 --> 00:22:22,500 awọn aṣiṣe ṣẹlẹ. 391 00:22:22,501 --> 00:22:23,500 Ile-iṣẹ iṣẹ owo... 392 00:22:23,501 --> 00:22:27,500 dabi ẹni pe o ni ipele ti iwa-ọdaràn ti o jẹ, 393 00:22:27,501 --> 00:22:29,500 o mọ, ni itumo pato. 394 00:22:29,701 --> 00:22:32,500 Nigbawo ni akoko ikẹhin nigbati... 395 00:22:32,501 --> 00:22:37,000 CISCO tabi Intel tabi Google tabi Apple tabi IBM o mọ ... 396 00:22:37,001 --> 00:22:38,500 Mo gba pẹlu rẹ patapata... 397 00:22:38,501 --> 00:22:40,000 nipa hightech dipo awọn iṣẹ inawo ... 398 00:22:40,001 --> 00:22:44,000 ṣugbọn hightech jẹ Pataki iṣowo iṣẹda... 399 00:22:44,001 --> 00:22:47,000 ibi ti iran iye ati owo oya gba ... 400 00:22:47,001 --> 00:22:49,999 nigbati o si gangan ṣẹda nkankan titun ati ki o yatọ. 401 00:22:50,000 --> 00:22:52,000 Bẹrẹ ni awọn ọdun 1990... 402 00:22:52,001 --> 00:22:55,001 irẹjẹ ati awọn ilọsiwaju ni imọ-ẹrọ ... 403 00:22:55,002 --> 00:22:57,500 yori si bugbamu ti eka owo awọn ọja... 404 00:22:57,501 --> 00:22:59,000 ti a npe ni itọsẹ. 405 00:22:59,001 --> 00:23:01,000 Awọn onimọ-ọrọ-aje ati awọn oṣiṣẹ banki… 406 00:23:01,001 --> 00:23:03,000 so ti won ṣe oja ailewu. 407 00:23:03,001 --> 00:23:05,300 Sugbon dipo ti won ṣe awọn ti o riru. 408 00:23:06,000 --> 00:23:08,700 Lati opin Ogun Tutu... 409 00:23:08,701 --> 00:23:12,000 pupo ti tele physicist ati awon onimo isiro... 410 00:23:12,002 --> 00:23:14,700 pinnu lati lo awọn ọgbọn wọn ... 411 00:23:14,701 --> 00:23:17,500 kii ṣe lori imọ-ẹrọ Ogun Tutu… 412 00:23:17,501 --> 00:23:19,500 sugbon lori owo awọn ọja. 413 00:23:19,501 --> 00:23:22,200 Ati pẹlu idoko-owo awọn banki ati awọn owo idabobo ... 414 00:23:22,201 --> 00:23:24,300 - Ṣẹda awọn ohun ija ti o yatọ? - Egba. 415 00:23:24,301 --> 00:23:25,500 Gẹgẹ bi Warren Buffett sọ: 416 00:23:25,501 --> 00:23:27,500 "Awọn ohun ija ti iparun". 417 00:23:27,501 --> 00:23:31,000 Awọn olutọsọna, awọn oloselu ati awọn eniyan iṣowo ... 418 00:23:31,001 --> 00:23:32,500 ko gba pataki... 419 00:23:32,501 --> 00:23:35,000 Irokeke ti isọdọtun owo… 420 00:23:35,001 --> 00:23:38,000 lori iduroṣinṣin ti eto inawo. 421 00:23:38,001 --> 00:23:40,000 Lilo awọn ile-ifowopamọ itọsẹ... 422 00:23:40,001 --> 00:23:42,000 le gamble lori fere ohunkohun. 423 00:23:42,001 --> 00:23:45,001 Wọn le tẹtẹ lori dide tabi isubu ti epo prises... 424 00:23:45,002 --> 00:23:48,500 idiyele ti ile-iṣẹ naa, ani boya. 425 00:23:49,000 --> 00:23:52,000 Ni ipari 1990s awọn itọsẹ… 426 00:23:52,001 --> 00:23:56,000 je 15 aimọye dola unregulated oja. 427 00:23:56,001 --> 00:24:00,000 Ni 1998 ẹnikan gbiyanju lati fiofinsi wọn. 428 00:24:00,001 --> 00:24:05,000 Brooksley Born graduated akọkọ ninu rẹ kilasi ni Stanford Law School... 429 00:24:05,001 --> 00:24:06,300 ati pe o jẹ obirin akọkọ ... 430 00:24:06,301 --> 00:24:09,000 lati satunkọ awọn pataki ofin awotẹlẹ. 431 00:24:09,001 --> 00:24:11,500 Lẹhin ṣiṣe awọn itọsẹ iwa ni Arnold ati Porter... 432 00:24:11,501 --> 00:24:14,000 Bi a ti yan nipasẹ Aare Clinton ... 433 00:24:14,001 --> 00:24:16,800 lati alaga awọn eru Futures Igbimọ Iṣowo... 434 00:24:16,801 --> 00:24:19,500 eyiti o ṣe abojuto ọja awọn itọsẹ 435 00:24:19,501 --> 00:24:22,000 Brooksley Born beere lọwọ mi boya ... 436 00:24:22,001 --> 00:24:24,000 Emi yoo wa ṣiṣẹ pẹlu rẹ. 437 00:24:24,001 --> 00:24:27,500 A pinnu pe eyi jẹ pataki, 438 00:24:27,501 --> 00:24:31,000 oyi destabilizing oja. 439 00:24:31,001 --> 00:24:34,000 Ni Oṣu Karun ọdun 1998 CFTC… 440 00:24:34,001 --> 00:24:36,500 ti oniṣowo kan imọran lati fiofinsi awọn itọsẹ 441 00:24:36,501 --> 00:24:39,999 Clinton Išura Eka ní ohun lẹsẹkẹsẹ esi 442 00:24:40,000 --> 00:24:45,000 Mo ṣẹlẹ lati lọ sinu ọfiisi Brooksley… 443 00:24:45,001 --> 00:24:49,000 ó sì kàn ń sọ̀kalẹ̀ olugba telifoonu re... 444 00:24:49,001 --> 00:24:53,000 ati ẹjẹ ti yọ kuro ni oju rẹ. 445 00:24:53,001 --> 00:24:55,000 O si wò mi o si wipe: 446 00:24:55,001 --> 00:25:00,000 "Iyẹn ni Larry Summers. O ni awọn oṣiṣẹ banki 13 ni ọfiisi rẹ" 447 00:25:00,001 --> 00:25:04,000 O gbejade ni aṣa ipanilaya pupọ 448 00:25:04,001 --> 00:25:07,500 Iru ti darí rẹ lati da. 449 00:25:07,700 --> 00:25:09,400 Awọn ile-ifowopamọ ni bayi ti o gbẹkẹle pupọ… 450 00:25:09,401 --> 00:25:11,000 fun dukia lori iru awọn iṣẹ ṣiṣe ... 451 00:25:11,001 --> 00:25:14,000 ati awọn ti o yori si titanic ogun ... 452 00:25:14,001 --> 00:25:18,000 lati yago fun ṣeto awọn ohun elo lati a ti ofin. 453 00:25:18,001 --> 00:25:20,001 Kó lẹhin ipe foonu lati Summers 454 00:25:20,002 --> 00:25:25,000 Greenspan, Rubin ati alaga SEC Arthur Levitt ... 455 00:25:25,001 --> 00:25:27,500 ti oniṣowo kan apapọ gbólóhùn lẹbi Bi... 456 00:25:27,501 --> 00:25:29,000 ati awọn ofin ti a ṣe iṣeduro ... 457 00:25:29,001 --> 00:25:32,000 lati tọju awọn itọsẹ laisi ilana. 458 00:25:32,001 --> 00:25:35,200 Awọn ilana ti awọn iṣowo itọsẹ… 459 00:25:35,201 --> 00:25:38,899 ti o ti wa ni ikọkọ idunadura nipasẹ awọn ọjọgbọn ... 460 00:25:38,900 --> 00:25:41,000 jẹ kobojumu. 461 00:25:41,001 --> 00:25:43,000 O ti bori, laanu... 462 00:25:43,001 --> 00:25:45,000 akọkọ nipasẹ iṣakoso Clinton ... 463 00:25:45,001 --> 00:25:47,000 ati lẹhinna nipasẹ Ile asofin ijoba ... 464 00:25:47,001 --> 00:25:50,000 ni 2000 Alagba Phil Gramm ṣe ipa pataki kan ... 465 00:25:50,001 --> 00:25:51,800 ati gbigba iwe-owo kan kọja ... 466 00:25:51,801 --> 00:25:55,000 ti o lẹwa Elo alayokuro itọsẹ lati ilana. 467 00:25:55,001 --> 00:25:58,000 Wọn ti wa ni isokan awọn ọja wọn n dinku ẹru ilana. 468 00:25:58,001 --> 00:26:01,000 Mo gbagbọ pe a nilo lati ṣe. 469 00:26:01,001 --> 00:26:04,001 Lẹhin ti o kuro ni Alagba, Phill Gramm di Igbakeji Alaga ti UBS. 470 00:26:04,002 --> 00:26:08,000 Niwon 1993, iyawo rẹ Wendy ti ṣe iranṣẹ lori igbimọ ti Enron. 471 00:26:08,001 --> 00:26:11,000 Ṣugbọn ireti nla wa… 472 00:26:11,001 --> 00:26:17,400 pe yoo ṣee ṣe lati gbe ni ọdun yii lori ofin ni ọna ti o tọ ... 473 00:26:17,401 --> 00:26:24,600 lọ lati ṣẹda dajudaju ofin fun OTC itọsẹ. 474 00:26:30,001 --> 00:26:34,000 Mo fẹ lati darapọ mọ ara mi pẹlu gbogbo... 475 00:26:34,001 --> 00:26:37,000 awọn ifiyesi ti akowe Summers. 476 00:26:37,001 --> 00:26:39,500 Ni Oṣu Keji ọdun 2000 Ile asofin ijoba ti kọja ... 477 00:26:39,501 --> 00:26:42,000 Ofin Olaju Ọja Ọja. 478 00:26:42,001 --> 00:26:45,000 Ti kọ pẹlu iranlọwọ kan ti owo ile ise lobbyists ... 479 00:26:45,001 --> 00:26:49,700 o gbesele ilana ti awọn itọsẹ. 480 00:26:49,701 --> 00:26:52,000 Ni kete ti iyẹn ti ṣe o ti lọ si awọn ere-ije. 481 00:26:52,001 --> 00:26:56,000 Ati lilo awọn itọsẹ ati imotuntun owo... 482 00:26:56,001 --> 00:26:59,500 gbamu pupọ lẹhin ọdun 2000. 483 00:26:59,501 --> 00:27:01,800 - Nitorina ran mi lọwọ Ọlọrun. - Nitorina ran mi lọwọ Ọlọrun. 484 00:27:01,801 --> 00:27:05,400 Ni akoko George W. Bush gba ọfiisi ni ọdun 2001… 485 00:27:05,401 --> 00:27:08,500 awọn US owo eka jẹ ere pupọ diẹ sii, 486 00:27:08,501 --> 00:27:13,000 ogidi ati alagbara lẹhinna lailai ṣaaju ki o to. 487 00:27:13,001 --> 00:27:16,500 Dominating yi ile ise jẹ awọn banki idoko-owo marun, 488 00:27:16,501 --> 00:27:19,500 awọn akojọpọ owo meji, 489 00:27:19,501 --> 00:27:22,500 Awọn ile-iṣẹ iṣeduro aabo mẹta ... 490 00:27:22,501 --> 00:27:25,000 ati mẹta Rating ajo. 491 00:27:25,001 --> 00:27:26,500 Ati pe o so gbogbo wọn pọ ... 492 00:27:26,501 --> 00:27:30,000 je kan securitization ounje pq, eto tuntun... 493 00:27:30,001 --> 00:27:33,500 eyi ti o so aimọye dọla, awọn awin ati awọn awin miiran ... 494 00:27:33,501 --> 00:27:35,501 pẹlu awọn oludokoowo ni gbogbo agbaye. 495 00:27:36,000 --> 00:27:39,000 30 odun seyin ti o ba fẹ gba awin fun ile kan ... 496 00:27:39,001 --> 00:27:40,700 eni to ya e lowo... 497 00:27:40,701 --> 00:27:43,000 nreti e lati san fun u tabi rẹ pada... 498 00:27:43,001 --> 00:27:45,301 o gba awin lati ọdọ ayanilowo tani o fe ki o san a pada... 499 00:27:45,302 --> 00:27:48,302 a ti sọ niwon ni idagbasoke securitization nitorina... 500 00:27:48,303 --> 00:27:50,000 eniyan ti o ṣe awin ... 501 00:27:50,001 --> 00:27:53,000 ko si ni ewu ti ikuna lati san pada. 502 00:27:53,001 --> 00:27:55,400 Ni eto atijọ nigbati oniwun ile ... 503 00:27:55,401 --> 00:27:57,200 san gbese wọn ni gbogbo oṣu… 504 00:27:57,201 --> 00:28:00,000 owo naa lọ si ọdọ ayanilowo agbegbe wọn. 505 00:28:00,001 --> 00:28:02,200 Ati niwon awọn mogeji gba awọn ọdun mẹwa lati san pada… 506 00:28:02,201 --> 00:28:04,201 ayanilowo wà ṣọra. 507 00:28:04,202 --> 00:28:09,202 Ni titun kan eto awọn ayanilowo ta awọn mogeji si awọn bèbe idoko-owo. 508 00:28:09,203 --> 00:28:13,200 Awọn banki idoko-owo ni idapo ẹgbẹẹgbẹrun awọn awin ati awọn awin miiran… 509 00:28:13,201 --> 00:28:17,000 pẹlu awọn awin ọkọ ayọkẹlẹ, awọn awin ọmọ ile-iwe ati gbese kaadi kirẹditi… 510 00:28:17,001 --> 00:28:19,600 lati ṣẹda awọn itọsẹ idiju... 511 00:28:19,601 --> 00:28:24,000 ti a npe ni ọranyan gbese adehun, tabi CDO... 512 00:28:24,001 --> 00:28:29,000 awọn bèbe idoko-owo lẹhinna ta awọn CDO si awọn oludokoowo. 513 00:28:29,001 --> 00:28:31,000 Bayi nigbati awọn oniwun ile san owo-ori wọn... 514 00:28:31,001 --> 00:28:34,000 owo naa lọ si awọn oludokoowo gbogbo agbala aye. 515 00:28:34,001 --> 00:28:39,000 Awọn ile-ifowopamọ idoko-owo san awọn ile-iṣẹ igbelewọn lati ṣe iṣiro awọn CDO… 516 00:28:39,001 --> 00:28:42,000 ati ọpọlọpọ ninu wọn ni a fun ni iwọn AAA kan… 517 00:28:42,001 --> 00:28:45,000 eyi ti o ga julọ ṣee ṣe idoko oṣuwọn. 518 00:28:45,001 --> 00:28:48,000 Eyi jẹ ki CDO jẹ olokiki pẹlu awọn owo ifẹhinti... 519 00:28:48,001 --> 00:28:52,000 eyi ti o le nikan ra gíga won won sikioriti. 520 00:28:52,800 --> 00:28:56,000 Yi eto je kan ticking akoko bombu. 521 00:28:56,001 --> 00:29:00,000 Awọn ayanilowo ko bikita mọ nipa boya oluya le san pada. 522 00:29:00,001 --> 00:29:01,000 Nitorinaa wọn bẹrẹ ṣiṣe awọn awin eewu. 523 00:29:01,001 --> 00:29:05,000 Awọn banki idoko-owo ko bikita boya. 524 00:29:05,001 --> 00:29:09,600 Awọn diẹ CDO ká ti won ta ti o ga julọ awọn ere wọn ... 525 00:29:09,601 --> 00:29:13,000 ati Rating ajo eyi ti a ti san nipasẹ awọn banki idoko-owo ... 526 00:29:13,001 --> 00:29:18,001 ní ko si gbese ti o ba ti won-wonsi ti CDO ti fihan aṣiṣe. 527 00:29:18,002 --> 00:29:20,500 O ni lati wa lori kio ... 528 00:29:20,501 --> 00:29:23,000 ati pe ko si awọn ihamọ ilana… 529 00:29:23,001 --> 00:29:26,000 nitorina ina alawọ ewe wa lati kan fifa jade siwaju ati siwaju sii awọn awin. 530 00:29:26,001 --> 00:29:30,000 Laarin 2000 ati 2003... 531 00:29:30,001 --> 00:29:32,300 awọn nọmba ti yá awọn awin ṣe ni ọdun kọọkan ... 532 00:29:32,301 --> 00:29:35,000 fẹrẹẹ jẹ ilọpo mẹrin. 533 00:29:35,001 --> 00:29:38,000 Gbogbo eniyan ninu eyi ifipamo pq ounje... 534 00:29:38,001 --> 00:29:40,000 lati ibere pepe titi ipari... 535 00:29:40,001 --> 00:29:43,000 ko bikita nipa didara ti yá... 536 00:29:43,001 --> 00:29:45,500 ti won nife nipa maximazing iwọn didun wọn ... 537 00:29:45,501 --> 00:29:48,000 ati gbigba owo kan jade ninu rẹ. 538 00:29:48,001 --> 00:29:50,500 Ni ibẹrẹ ọdun 2000 ilosoke nla wa... 539 00:29:50,501 --> 00:29:54,000 ninu awọn awin ti o lewu julọ ti a pe ni subprime… 540 00:29:54,001 --> 00:29:56,300 ṣugbọn nigbati ẹgbẹẹgbẹrun awọn awin subprime… 541 00:29:56,301 --> 00:29:59,000 won ni idapo lati ṣẹda CDO ká. 542 00:29:59,001 --> 00:30:03,001 Ọpọlọpọ awọn ti wọn tun gba AAA-wonsi 543 00:30:04,000 --> 00:30:09,000 Bayi kii yoo ti ṣee ṣe lati ṣẹda awọn ọja itọsẹ ... 544 00:30:09,001 --> 00:30:12,000 ti ko ni awọn eewu yii… 545 00:30:12,001 --> 00:30:14,000 ti o gbe deede ti deductibles... 546 00:30:14,001 --> 00:30:17,000 nibiti awọn idiwọn wa lori awọn eewu… 547 00:30:17,001 --> 00:30:19,000 ti o le ṣee mu lori ati bẹbẹ lọ... 548 00:30:19,001 --> 00:30:21,001 wọn ko ṣe bẹ, ṣe wọn. 549 00:30:21,002 --> 00:30:24,000 Wọn ko ṣe iyẹn ati ni ifojusọna nwọn yẹ ki o ti ṣe. 550 00:30:24,001 --> 00:30:26,900 Nitorina awọn eniyan wọnyi mọ ohun ti o lewu ni wọn ṣe? 551 00:30:26,901 --> 00:30:29,000 Mo ro pe wọn ṣe. 552 00:30:46,001 --> 00:30:49,000 Gbogbo awọn iwuri pe awọn ile-iṣẹ inawo ... 553 00:30:49,001 --> 00:30:51,000 ti a nṣe si awọn alagbata yá... 554 00:30:51,001 --> 00:30:54,300 won da lori sawing julọ ni ere... 555 00:30:54,301 --> 00:30:57,000 awọn ọja ti o jẹ awin apanirun. 556 00:30:57,001 --> 00:30:59,000 Awọn oṣiṣẹ banki ṣe owo diẹ sii ti o ba ti nwọn fi o lori subprime awin. 557 00:30:59,001 --> 00:31:01,000 Iyẹn ni wọn yoo fi si ọ 558 00:31:07,000 --> 00:31:10,000 Lojiji awọn ọgọọgọrun ọkẹ àìmọye owo dola fun odun... 559 00:31:10,001 --> 00:31:13,000 won ti nṣàn nipasẹ securitization pq. 560 00:31:13,001 --> 00:31:15,000 Niwọn igba ti ẹnikẹni le gba yá... 561 00:31:15,001 --> 00:31:18,500 ile rira ati awọn prises ile skyrocket. 562 00:31:18,501 --> 00:31:22,400 Abajade jẹ eyiti o tobi julọ owo nkuta ni itan. 563 00:31:22,401 --> 00:31:26,000 Ohun ini gidi jẹ gidi, wọn le rii dukia wọn ... 564 00:31:26,001 --> 00:31:28,901 wọn le gbe ninu dukia wọn, wọn le ya dukia wọn jade. 565 00:31:29,001 --> 00:31:33,000 O ni ariwo nla ni ile ti ko ni oye rara... 566 00:31:33,001 --> 00:31:39,000 inawo yanilenu kuro ni eka owo... 567 00:31:39,001 --> 00:31:42,000 lé ohun gbogboboby miran ṣe. 568 00:31:42,001 --> 00:31:46,000 Kẹhin akoko ti a ní a ile o ti nkuta wà ninu awọn ti pẹ 80 ká. 569 00:31:46,001 --> 00:31:52,000 Ni ti nla awọn npo ile iyin wà jo kekere. 570 00:31:52,001 --> 00:31:57,000 Ti o ti nkuta ile yori to jo àìdá ipadasẹhin. 571 00:31:57,001 --> 00:32:04,000 Lati 1996 titi di ọdun 2006 awọn iyin ile gidi fe ni ti ilọpo meji. 572 00:32:09,000 --> 00:32:10,500 Ni 500 dọla tikẹti kan ... 573 00:32:10,501 --> 00:32:12,000 won wa gbo bi won se n ra... 574 00:32:12,001 --> 00:32:16,000 nkan tiwọn gan-an ti ala Amerika. 575 00:32:16,001 --> 00:32:21,000 Goldman Sachs, Bear Stearns, Awọn arakunrin Lehman, Merrill Lynch… 576 00:32:21,001 --> 00:32:26,000 gbogbo wọn wa lori eyi, awin subprime nikan... 577 00:32:26,001 --> 00:32:29,000 ilosoke lati 30 bilionu ni ọdun kan ni owo... 578 00:32:29,001 --> 00:32:33,500 si ju ẹgbẹta bilionu ni ọdun kan ni odun mewa... 579 00:32:33,501 --> 00:32:35,000 nwọn titun ohun ti o ṣẹlẹ. 580 00:32:35,001 --> 00:32:38,500 Olowo jakejado orilẹ-ede ayanilowo subprime ti o tobi julọ… 581 00:32:38,501 --> 00:32:43,000 ti oniṣowo 97 bilionu owo dola tọ ti awọn awin. 582 00:32:43,001 --> 00:32:47,000 O ṣe diẹ sii ju 11 milionu dọla ni awọn ere bi abajade. 583 00:32:47,001 --> 00:32:52,000 Lori Odi Street awọn imoriri owo lododun spiked & hellip; 584 00:32:52,001 --> 00:32:56,000 oniṣòwo ati CEO ká di pupo oloro nigba ti nkuta. 585 00:32:56,001 --> 00:33:00,000 Lehman Brothers ni akọwe giga julọ ti subprime yiya. 586 00:33:00,001 --> 00:33:07,000 Ati awọn won CEO Richard Fuld mu ile 485 milionu dọla. 587 00:33:07,001 --> 00:33:10,000 Lori Odi Street ile yii ati gbese bubble... 588 00:33:10,001 --> 00:33:13,000 n yori si awọn ọgọọgọrun ọkẹ àìmọye ti awọn dọla ti awọn ere. 589 00:33:13,001 --> 00:33:19,000 Nipa 2006 nipa 40% ti gbogbo awọn ere ti awọn ile-iṣẹ SandP 500 ... 590 00:33:19,001 --> 00:33:21,800 ti a nbo lati owo ajo. 591 00:33:21,801 --> 00:33:24,000 Kii ṣe awọn ere gidi, o je ko gidi owo oya. 592 00:33:24,001 --> 00:33:26,000 O kan jẹ owo ti o jẹ ... 593 00:33:26,001 --> 00:33:29,000 da nipasẹ awọn eto ati fowo si bi owo oya... 594 00:33:29,001 --> 00:33:33,000 to 3 years isalẹ ni opopona eyi jẹ aiyipada gbogbo rẹ ti parẹ. 595 00:33:33,001 --> 00:33:37,000 Mo ro pe o jẹ ni otitọ, ni ẹhin, orilẹ-ede nla, 596 00:33:37,001 --> 00:33:40,000 ati ki o ko o kan orilẹ-agbaye ponzi eni. 597 00:33:40,001 --> 00:33:43,000 Nipasẹ ile nini ati iṣẹ aabo imudogba ... 598 00:33:43,001 --> 00:33:46,000 Federal Reserve Board ti mu aṣẹ ... 599 00:33:46,001 --> 00:33:49,000 lati ṣe ilana ile-iṣẹ yá... 600 00:33:49,001 --> 00:33:52,500 ṣugbọn Federal Alaga Alan Greenspan kọ lati lo. 601 00:33:52,501 --> 00:33:55,500 Alan Greenspan sọ rara ilana yẹn: "Emi ko paapaa gbagbọ ninu rẹ". 602 00:33:57,001 --> 00:34:00,000 Fun ọdun 20 Robert Gnaizda je olori Greenlining... 603 00:34:00,001 --> 00:34:03,300 ẹgbẹ agbawi olumulo ti o lagbara. 604 00:34:03,301 --> 00:34:06,000 O pade pẹlu Greenspan ni igbagbogbo. 605 00:34:06,001 --> 00:34:08,500 A fún un ní àpẹẹrẹ kan ti gbogbo orilẹ-ede... 606 00:34:08,501 --> 00:34:14,000 150 o yatọ si eka adijositabulu awọn mogeji oṣuwọn. 607 00:34:14,001 --> 00:34:17,000 O sọ pe ti o ba fẹ ni oye oye ninu eko isiro... 608 00:34:17,001 --> 00:34:19,500 iwọ kii yoo ni anfani lati ni oye wọn to... 609 00:34:19,501 --> 00:34:23,000 lati mọ eyi ti o dara fun ọ ati eyiti kii ṣe. 610 00:34:23,001 --> 00:34:26,000 Nitorina a ro oun yoo gbe igbese... 611 00:34:26,001 --> 00:34:29,000 ṣugbọn bi ibaraẹnisọrọ naa ti n tẹsiwaju ... 612 00:34:29,001 --> 00:34:31,800 o han gbangba pe o duro pẹlu ero inu rẹ. 613 00:34:31,801 --> 00:34:34,300 A tun pade pẹlu Greenspan ni '05 ... 614 00:34:34,301 --> 00:34:39,000 Nigbagbogbo a pade pẹlu rẹ lẹmeji ni ọdun ko kere ju ẹẹkan lọdun ... 615 00:34:39,001 --> 00:34:41,000 kò sì ní yí ọkàn rẹ̀ padà. 616 00:34:41,001 --> 00:34:46,000 Alan Greenspan kọ lati ṣe ifọrọwanilẹnuwo fun fiimu yii. 617 00:34:46,001 --> 00:34:50,000 Ninu aye iyanu yii ti awọn ibaraẹnisọrọ agbaye lẹsẹkẹsẹ. 618 00:34:50,001 --> 00:34:52,000 Awọn free ati lilo daradara ronu ti olu... 619 00:34:52,001 --> 00:34:57,000 n ṣe iranlọwọ lati ṣẹda ti o tobi julọ aisiki ninu itan eniyan. 620 00:35:02,500 --> 00:35:06,000 146 eniyan ti ge lati pipin imuse ti SEC ... 621 00:35:06,001 --> 00:35:10,000 ni ohun ti o tun jẹri si. 622 00:35:10,001 --> 00:35:15,000 Bẹẹni, Mo ro pe o ti wa, eto... 623 00:35:15,001 --> 00:35:17,200 gutting, tabi ohunkohun ti o fẹ lati pe, 624 00:35:17,201 --> 00:35:20,000 ti ile-iṣẹ ati agbara rẹ, 625 00:35:20,001 --> 00:35:22,000 nipasẹ gige pada ti osise. 626 00:35:22,001 --> 00:35:24,500 Ọfiisi SEC ti iṣakoso eewu… 627 00:35:24,501 --> 00:35:29,000 ti dinku si oṣiṣẹ, ṣe o sọ, ti ọkan? 628 00:35:29,001 --> 00:35:34,500 Bẹẹni, nigbati oloye yẹn yoo lọ si ile ni alẹ o le tan awọn ina. 629 00:35:35,000 --> 00:35:38,000 Nigba ti o ti nkuta awọn bèbe idoko won n yawo pupo... 630 00:35:38,001 --> 00:35:42,000 lati ra awọn awin diẹ sii ati ṣẹda awọn CDO diẹ sii. 631 00:35:42,001 --> 00:35:45,000 Ipin laarin ti ya owo ati... 632 00:35:45,001 --> 00:35:48,000 owo ile ifowo pamo ni a npe ni leverage. 633 00:35:48,001 --> 00:35:52,000 Awọn diẹ bèbe yiya awọn ti o ga wọn idogba. 634 00:35:53,000 --> 00:35:58,000 Ni ọdun 2004 Henry Paulson Alakoso ti Goldman Sachs ... 635 00:35:58,001 --> 00:36:01,000 iranwo ibebe awọn Awọn aabo ati Igbimọ paṣipaarọ… 636 00:36:01,001 --> 00:36:03,000 lati sinmi awọn opin lori idogba... 637 00:36:03,001 --> 00:36:07,000 gbigba awọn bèbe lati ndinku mu yiya wọn pọ si. 638 00:36:07,001 --> 00:36:10,000 SEC bakan pinnu lati jẹ ki... 639 00:36:10,001 --> 00:36:13,200 idoko bèbe gamble kan Pupo diẹ sii. 640 00:36:13,201 --> 00:36:17,000 Iyẹn jẹ eso Emi ko mọ idi ti wọn fi ṣe bẹ ṣugbọn wọn ṣe bẹ. 641 00:36:23,001 --> 00:36:26,200 A ti sọ pe awọn wọnyi ni awọn eniyan nla ati kedere ti o ni otito. 642 00:36:26,201 --> 00:36:33,000 Ṣugbọn iyẹn tumọ si ti ohunkohun ba jẹ aṣiṣe, yoo jẹ idotin nla nla kan. 643 00:36:33,001 --> 00:36:35,800 Ni awọn ipele yii O han gbangba pe o n ba... 644 00:36:35,801 --> 00:36:39,301 julọ gíga sofisticated owo ajo. 645 00:36:39,401 --> 00:36:43,300 Awọn wọnyi ni awọn ile ise ti o ṣe julọ ninu awọn itọsẹ aṣayan iṣẹ-ṣiṣe ni United States. 646 00:36:43,301 --> 00:36:46,300 A bá àwọn kan lára wọn sọ̀rọ̀ bi si kini ipele itunu wọn jẹ. 647 00:36:46,301 --> 00:36:51,900 Awọn ile-iṣẹ naa ronu gangan pe nọmba naa yẹ. 648 00:36:51,901 --> 00:36:54,300 Ṣe awọn igbimọ dibo lati gba Awọn atunṣe ofin ati awọn ofin titun ... 649 00:36:54,301 --> 00:36:57,001 bi niyanju nipa osise? 650 00:36:57,501 --> 00:37:01,101 A ṣe nitõtọ. Apapo. Ati pe a sun siwaju. 651 00:37:04,500 --> 00:37:08,000 Iwọn ti idogba ninu awọn eto inawo ... 652 00:37:08,001 --> 00:37:10,300 di ẹru patapata… 653 00:37:10,301 --> 00:37:15,000 idoko bèbe leveraging titi de ipele 33 si 1 ... 654 00:37:15,301 --> 00:37:19,500 eyi ti o tumo si wipe aami 3% dinku ni iye ti ipilẹ dukia ... 655 00:37:19,501 --> 00:37:22,000 yoo fi wọn asan. 656 00:37:24,000 --> 00:37:27,000 bombu akoko ticking miiran wa ninu eto owo. 657 00:37:27,001 --> 00:37:31,000 AIG, ile-iṣẹ iṣeduro ti o tobi julọ ni agbaye ... 658 00:37:31,001 --> 00:37:36,000 ti n ta awọn titobi nla ti awọn itọsẹ ti a npe ni gbese aiyipada swaps. 659 00:37:37,000 --> 00:37:39,400 Fun awọn oludokoowo ti o ni CDO's... 660 00:37:39,401 --> 00:37:42,901 gbese aiyipada swaps ṣiṣẹ bi eto imulo iṣeduro. 661 00:37:43,501 --> 00:37:48,800 Oludokoowo ti o ra kirẹditi aiyipada siwopu san AIG a guatrerly Ere. 662 00:37:48,801 --> 00:37:56,000 Ti CDO ko dara, AIG ṣe ileri lati sanwo fun oludokoowo fun awọn adanu wọn. 663 00:37:56,001 --> 00:38:02,000 Ṣugbọn ko dabi awọn alafojusi iṣeduro nigbagbogbo tun le ra awọn swaps aiyipada kirẹditi lati AIG 664 00:38:02,001 --> 00:38:06,000 ni ibere lati tẹtẹ lodi si CDO ká wọn ko ni ara wọn. 665 00:38:06,001 --> 00:38:09,700 Ni iṣeduro o le ṣe iṣeduro nikan nkan ti o ni. 666 00:38:09,701 --> 00:38:12,500 Jẹ ki a sọ pe iwọ ati emi ni ohun-ini ati pe mo ni ile kan ... 667 00:38:12,501 --> 00:38:15,000 Mo le rii daju ile naa ni ẹẹkan… 668 00:38:15,001 --> 00:38:21,000 Agbaye itọsẹ pataki kí enikeni lati rii daju ile naa gangan. 669 00:38:21,001 --> 00:38:25,000 Nitorinaa o le rii daju pe ẹlomiran le ṣe bẹ 50 eniyan le rii daju ile mi. 670 00:38:25,001 --> 00:38:29,000 Nitorina kini o ṣẹlẹ ti ile mi ba jo... 671 00:38:29,001 --> 00:38:32,000 awọn nọmba ti adanu ninu awọn eto di iwonba tobi. 672 00:38:32,001 --> 00:38:35,600 Niwon gbese aiyipada swaps ti ko ni ilana... 673 00:38:35,601 --> 00:38:40,000 AIG ko ti fi owo kankan silẹ lati bo o pọju adanu. 674 00:38:40,001 --> 00:38:44,500 Dipo AIG san awọn oṣiṣẹ rẹ awọn imoriri owo nla ... 675 00:38:44,501 --> 00:38:47,000 ni kete ti adehun ti fowo si… 676 00:38:47,001 --> 00:38:52,500 ṣugbọn ti CDO kan ba bajẹ AIG yoo wa lori kio. 677 00:38:52,501 --> 00:38:57,500 Awọn eniyan ni pataki ti ni ere fun gbigbe awọn ewu nla. Ni akoko ti o dara ... 678 00:38:57,501 --> 00:39:02,000 wọn ṣe awọn owo-wiwọle igba diẹ ati awọn ere ati nitorina awọn imoriri ... 679 00:39:02,001 --> 00:39:05,500 ṣugbọn iyẹn yoo ja si ile-iṣẹ naa lati wa ni bankrupt lori akoko ... 680 00:39:05,501 --> 00:39:09,000 ti o ni mo daru eto ti biinu. 681 00:39:09,001 --> 00:39:12,500 AIG Financial Products pipin Lonodon... 682 00:39:12,501 --> 00:39:17,000 ti oniṣowo 500 bilionu owo dola gbese aiyipada swaps nigba ti nkuta. 683 00:39:17,001 --> 00:39:23,000 Pupọ ninu wọn fun atilẹyin CDO nipa subprime mogeji. 684 00:39:23,001 --> 00:39:29,000 AIG FP ṣe 3.5 bilionu owo dola laarin 2000 ati 2007. 685 00:39:29,001 --> 00:39:35,500 Joseph Cassano, olori AIG FP, tikalararẹ ṣe 315 milionu dọla. 686 00:39:35,501 --> 00:39:39,900 O le fun wa, laisi flippant, lati paapaa ... 687 00:39:39,901 --> 00:39:45,000 ani lati ri ohn laarin eyikeyi iru ijọba idi... 688 00:39:45,001 --> 00:39:49,401 ti yoo ri a padanu 1 dola ni eyikeyi ti awon lẹkọ. 689 00:39:49,501 --> 00:39:54,000 Ni 2007 AIG AUDITORS dide ikilo. 690 00:39:54,001 --> 00:39:58,200 Ọkan ninu wọn Joseph St. Denis resigned ni protest. 691 00:39:58,201 --> 00:40:03,000 Lẹhin ti Cassano leralera dina rẹ lati ṣe iwadii iṣiro AIG FP. 692 00:40:03,001 --> 00:40:04,200 Jẹ ki n sọ fun eniyan kan ... 693 00:40:04,201 --> 00:40:07,300 ti o ko gba a ajeseku nigbati gbogbo eniyan miran n gba awọn ajeseku. 694 00:40:07,301 --> 00:40:08,700 Iyẹn jẹ Sant Denis. 695 00:40:08,701 --> 00:40:11,500 Ọgbẹni St Denis ti o gbiyanju lati gbigbọn eyin mejeeji... 696 00:40:11,501 --> 00:40:14,500 si otitọ pe o nṣiṣẹ sinu awọn iṣoro nla ... 697 00:40:14,501 --> 00:40:17,900 ó jáwọ́ nínú ìbànújẹ́ ati awọn ti o ko gba a ajeseku. 698 00:40:18,301 --> 00:40:21,000 Ni ọdun 2005, Raghuram Rajan ... 699 00:40:21,001 --> 00:40:24,101 lẹhinna Oloye-okowo ti awọn International Monetary Fund... 700 00:40:24,501 --> 00:40:27,500 jišẹ a iwe ni awọn Lododun Jackson Iho apejẹ & hellip; 701 00:40:27,501 --> 00:40:30,500 julọ Gbajumo ile-ifowopamọ alapejọ ninu aye. 702 00:40:30,501 --> 00:40:31,700 Tani o wa ninu awọn olugbo? 703 00:40:31,901 --> 00:40:35,601 O jẹ, uh... Mo gboju awọn banki aringbungbun agbaye ... 704 00:40:36,001 --> 00:40:40,000 eh... orisirisi lati Ọgbẹni Greenspan funrararẹ, 705 00:40:40,001 --> 00:40:42,000 Ben Bernanke, 706 00:40:42,001 --> 00:40:43,500 Larry Summers wa nibẹ, 707 00:40:43,501 --> 00:40:45,500 Tim Geithner wà nibẹ. 708 00:40:45,501 --> 00:40:48,000 Akọle iwe naa jẹ pataki: 709 00:40:48,001 --> 00:40:51,800 Se Owo Development Ṣiṣe awọn World Riskier? 710 00:40:51,801 --> 00:40:56,600 Ati ipari jẹ, eh... o jẹ. 711 00:40:56,601 --> 00:40:59,800 iwe Rajan dojukọ lori awọn ẹya imoriya... 712 00:40:59,801 --> 00:41:01,901 ti o ti ipilẹṣẹ tobi owo imoriri & hellip; 713 00:41:02,001 --> 00:41:04,000 da lori awọn ere igba diẹ ... 714 00:41:04,001 --> 00:41:07,500 ṣugbọn eyi ti o ti paṣẹ ko si ifiyaje fun nigbamii adanu. 715 00:41:07,501 --> 00:41:11,700 Rajan jiyan pe awọn iwuri wọnyi gba awọn oṣiṣẹ banki niyanju lati ṣe awọn eewu… 716 00:41:11,701 --> 00:41:14,500 ti o le bajẹ run awọn ile-iṣẹ ti ara wọn ... 717 00:41:14,501 --> 00:41:18,500 tabi paapaa gbogbo eto inawo. 718 00:41:20,000 --> 00:41:25,000 O rọrun pupọ lati ṣe ina perfomance nipa gbigbe lori diẹ ewu. 719 00:41:25,001 --> 00:41:29,000 Ati nitorinaa ohun ti o nilo lati ṣe ni isanpada fun iṣẹ ti a ṣatunṣe eewu… 720 00:41:29,001 --> 00:41:32,000 ati awọn ti o ni ibi ti gbogbo awọn ara ti wa ni sin. 721 00:41:32,001 --> 00:41:35,400 Rajan lu àlàfo lori ori. 722 00:41:35,401 --> 00:41:37,400 Ohun ti o sọ ni pataki ni: 723 00:41:37,401 --> 00:41:43,000 "Ẹyin eniyan ti sọ pe o wa ọna kan lati ni ere diẹ sii pẹlu eewu ti o dinku, 724 00:41:43,001 --> 00:41:46,000 Mo sọ pe o wa ọna kan lati ni ere diẹ sii pẹlu eewu diẹ sii ”… 725 00:41:46,001 --> 00:41:48,000 ati pe iyatọ nla ni. 726 00:41:48,001 --> 00:41:50,200 Summers wà t'ohun 727 00:41:50,201 --> 00:41:58,000 O ro besikale wipe mo ti a lodi iyipada ninu aye owo. 728 00:41:58,001 --> 00:42:04,000 Ati pe o ni aniyan nipa ilana eyi ti o yi gbogbo iyipada pada. 729 00:42:04,001 --> 00:42:08,000 Nitorina ni pataki o fi ẹsun kan mi ti jije Luddite. 730 00:42:08,001 --> 00:42:13,000 O fẹ lati rii daju pe a ko mu gbogbo eto titun ti awọn ilana ... 731 00:42:13,001 --> 00:42:15,800 lati rọ eka owo ni akoko yẹn. 732 00:42:15,801 --> 00:42:20,000 Larry Summers kọ lati ṣe ifọrọwanilẹnuwo fun fiimu yii. 733 00:42:20,001 --> 00:42:24,000 Iwọ yoo ṣe afikun 2 milionu dọla odun kan tabi 10 milionu dọla ni odun. 734 00:42:24,001 --> 00:42:26,600 Fun fifi rẹ owo igbekalẹ ni ewu. 735 00:42:26,601 --> 00:42:29,000 Ẹlomiiran san owo naa, o ko san owo naa. 736 00:42:29,001 --> 00:42:31,000 Ṣe iwọ yoo ṣe tẹtẹ yẹn? 737 00:42:31,001 --> 00:42:34,000 Ọpọlọpọ eniyan ti o sise lori Wall Street wi: "Dajudaju, Mo ṣe pe tẹtẹ". 738 00:43:00,000 --> 00:43:04,000 Awọn Hamptons Awọn wakati 2 lati Ilu New York ... 739 00:43:17,000 --> 00:43:19,000 Iyẹn ko to rara. 740 00:43:19,001 --> 00:43:21,000 Wọn ko fẹ lati ni ile kan. 741 00:43:21,001 --> 00:43:28,000 Wọn fẹ lati ni awọn ile 5 ati pe wọn fẹ ni Penthouse gbowolori lori Park Avenue. 742 00:43:28,001 --> 00:43:31,000 Ati pe wọn fẹ ni ara wọn ikọkọ ofurufu. 743 00:43:31,001 --> 00:43:36,500 O ro pe eyi jẹ ile-iṣẹ giga, gan ga biinu awọn ipele jẹ o kan itanran? 744 00:43:36,501 --> 00:43:41,300 Mo ro pe Emi yoo ṣọra, ṣe akiyesi, tabi ya kuro ni ọrọ rẹ ga julọ, 745 00:43:41,301 --> 00:43:42,500 Mo tunmọ si o ni gbogbo ojulumo. 746 00:43:42,501 --> 00:43:45,500 O ni 14 milionu dọla Ile iwaju okun ni Florida, 747 00:43:45,501 --> 00:43:48,201 o ni ile isinmi igba ooru ni Sun Valley, Idaho... 748 00:43:48,301 --> 00:43:49,301 iwọ ati iyawo rẹ ni gbigba aworan kún pẹlu milionu dola kikun. 749 00:43:52,401 --> 00:43:55,000 Richard Fuld ko han lori ilẹ iṣowo. 750 00:43:55,001 --> 00:43:57,000 Awọn onimọran aworan wa nibẹ ni gbogbo igba. 751 00:43:57,001 --> 00:44:01,500 O mọ, o ni elevator ikọkọ tirẹ, o wa ni ọna rẹ lati ge asopọ 752 00:44:01,501 --> 00:44:05,000 Mo tumọ si, elevator rẹ, awọn onimọ-ẹrọ ọya lati ṣe eto rẹ, o mọ, 753 00:44:05,001 --> 00:44:07,500 kí awakọ̀ rẹ̀ lè pè wọlé ni owurọ ati ... 754 00:44:07,501 --> 00:44:09,600 olùṣọ́ ààbò yóò mú un. 755 00:44:09,601 --> 00:44:15,000 ati nibẹ ni nikan bi 2 tabi 3 aaya window nigbati o jẹ otitọ o ni lati ri eniyan ... 756 00:44:15,001 --> 00:44:18,500 ati awọn ti o hops ni ategun o si lọ taara si 31. 757 00:44:18,501 --> 00:44:21,200 Lehman ni opo awọn ọkọ ofurufu ile-iṣẹ, ṣe o mọ nipa eyi? 758 00:44:21,201 --> 00:44:22,201 Bẹẹni. 759 00:44:22,701 --> 00:44:24,000 Melo ni o wa nibẹ? 760 00:44:24,001 --> 00:44:26,800 O dara, awọn 6 wa, pẹlu 767's. 761 00:44:26,801 --> 00:44:29,200 - Wọn tun ni ọkọ ofurufu. - Mo ri. 762 00:44:29,201 --> 00:44:32,200 Ṣe kii ṣe iru awọn ọkọ ofurufu pupọ lati ni? 763 00:44:34,000 --> 00:44:36,100 A wo pẹlu iru A eniyan ati, eh... 764 00:44:36,101 --> 00:44:38,401 iru A eniyan mọ ohun gbogbo ni agbaye. 765 00:44:38,501 --> 00:44:41,000 Ile-ifowopamọ di idije ibinu, o mọ 766 00:44:41,001 --> 00:44:43,500 temi tobi ju tire lo, ti o ni irú ti nkan na. 767 00:44:43,501 --> 00:44:45,500 O je gbogbo awọn ọkunrin ti o ran o, incidentally. 768 00:44:45,501 --> 00:44:50,000 Awọn iṣowo bilionu 15 bilionu ko tobi to ki a ṣe 100 bilionu owo dola. 769 00:44:50,001 --> 00:44:53,500 Awọn eniyan wọnyi jẹ awọn eewu, ti won ba impulsive. 770 00:44:53,501 --> 00:44:58,000 Jonathan Alpert jẹ oniwosan ti awọn alabara rẹ pẹlu adari Odi Street ipele giga… 771 00:44:58,001 --> 00:45:01,500 Iyẹn jẹ apakan ti ihuwasi wọn o jẹ apakan ti iwa wọn ... 772 00:45:01,501 --> 00:45:05,000 ati awọn ti o farahan ita ti ise bi daradara. 773 00:45:05,001 --> 00:45:09,000 O jẹ aṣoju pupọ fun awọn eniyan buruku lati jade, lati lọ si rinhoho ifi, 774 00:45:09,001 --> 00:45:13,500 lati lo oogun. Mo rii lilo koko-oyinbo pupọ, a pupo ti lilo ti panṣaga. 775 00:45:19,501 --> 00:45:21,800 Laipe neuroscientists ti ṣe awọn idanwo ... 776 00:45:21,801 --> 00:45:24,601 ibo, uh... wọn ti gba awọn ẹni-kọọkan, 777 00:45:25,001 --> 00:45:27,000 fi wọn sinu ẹrọ MRI ... 778 00:45:27,001 --> 00:45:32,000 nwọn si ni wọn ṣe ere kan ibi ti awọn joju ni owo. 779 00:45:32,001 --> 00:45:35,500 Ati pe wọn ṣe akiyesi iyẹn nigbati awọn koko-ọrọ ba ni owo ... 780 00:45:35,501 --> 00:45:40,500 apakan ti ọpọlọ ti o ni itara jẹ apakan kanna ti kokaini nmu. 781 00:45:40,501 --> 00:45:44,000 Ọpọlọpọ eniyan lero pe wọn nilo lati gaan kopa ninu iwa yẹn... 782 00:45:44,001 --> 00:45:46,900 lati jẹ ki o ni igbega, lati gba idanimọ. 783 00:45:46,901 --> 00:45:48,800 Gẹgẹbi nkan Bloomberg kan… 784 00:45:48,801 --> 00:45:51,700 Idanilaraya owo duro 5% ti owo-wiwọle… 785 00:45:51,701 --> 00:45:53,550 fun awọn alagbata awọn itọsẹ New York ... 786 00:45:53,551 --> 00:45:58,000 ati nigbagbogbo pẹlu awọn ọgọ adikala, panṣaga, ati oloro. 787 00:45:58,001 --> 00:46:03,000 A New York alagbata fi ẹsun kan ejo ni ọdun 2007 lodi si ile-iṣẹ rẹ… 788 00:46:03,001 --> 00:46:07,000 ẹsun pe o nilo lati da duro aṣẹwó lati ṣe ere awọn onisowo. 789 00:46:07,001 --> 00:46:09,400 Aibikita lasan kan wa... 790 00:46:09,401 --> 00:46:11,999 fun ipa ti awọn iṣe wọn le ni lori, 791 00:46:12,000 --> 00:46:14,100 lori awujo, tabi lori ebi. 792 00:46:14,201 --> 00:46:19,900 Wọn ko ni iṣoro nipa lilo aṣẹwo, uh... ati lilọ si ile si iyawo wọn. 793 00:46:22,000 --> 00:46:25,000 Kristin Davis sáré ohun Gbajumo panṣaga oruka lati rẹ ga-jinde iyẹwu. 794 00:46:25,001 --> 00:46:28,000 O ti wa ni be kan diẹ awọn bulọọki lati titun york iṣura paṣipaarọ. 795 00:46:28,001 --> 00:46:30,000 Awọn onibara melo ni? 796 00:46:30,001 --> 00:46:34,000 Nipa 10,000 ni akoko yẹn ni akoko. 797 00:46:38,000 --> 00:46:40,000 Ida wo ni o wa lati Wall Street? 798 00:46:40,001 --> 00:46:44,500 Ti awọn onibara ti o ga julọ, boya 40 to 50 ogorun. 799 00:46:44,501 --> 00:46:47,700 Ati ki o wà gbogbo awọn pataki Wall Street ile ise ni ipoduduro? Goldman Sachs. 800 00:46:47,902 --> 00:46:51,100 Awọn arakunrin Lehman, Bẹẹni, gbogbo wọn wa nibẹ. 801 00:46:51,101 --> 00:46:54,700 Morgan Stanley jẹ diẹ kere si iyẹn… 802 00:46:54,701 --> 00:46:58,800 Ah... Mo ro pe Goldman ni, je lẹwa, lẹwa ńlá pẹlu ti. 803 00:46:58,801 --> 00:47:01,000 Pupọ awọn alabara yoo pe mi, wọn sọ pe, Ṣe o le gba Lamborghini fun mi… 804 00:47:01,001 --> 00:47:03,000 fun alẹ fun ọmọbirin naa? 805 00:47:03,001 --> 00:47:05,500 Wọnyi buruku won na owo ajọ. 806 00:47:05,501 --> 00:47:10,500 Mo ni ọpọlọpọ awọn kaadi dudu lati, o mọ, awọn orisirisi owo ile ise. 807 00:47:10,501 --> 00:47:16,000 Ohun ti n ṣẹlẹ ni awọn iṣẹ ti wa ni idiyele si atunṣe kọmputa. 808 00:47:16,001 --> 00:47:20,500 Iwadi iṣowo, o mọ, ijumọsọrọ fun oja ibamu. 809 00:47:20,501 --> 00:47:22,200 Mo ti o kan maa fun wọn ori iwe kan, 810 00:47:22,201 --> 00:47:23,701 o si wipe, ṣe ara rẹ risiti. 811 00:47:23,801 --> 00:47:26,000 Nitorinaa ilana ihuwasi yii, o ro pe, gbooro... 812 00:47:26,001 --> 00:47:27,001 si oga isakoso ti awọn duro. 813 00:47:27,101 --> 00:47:31,000 O ṣe ni pipe, bẹẹni. Mo mọ ni otitọ pe o ṣe. 814 00:47:31,001 --> 00:47:34,000 O gbooro si oke pupọ. 815 00:47:38,000 --> 00:47:41,500 Ọrẹ mi kan, tani, ti o ni ipa ninu a ile-iṣẹ ti o ni iṣowo owo nla, 816 00:47:41,501 --> 00:47:46,000 wi: O dara, o to akoko ti o kọ ẹkọ nipa subprime mogeji. 817 00:47:46,001 --> 00:47:50,000 Nitorina o ṣeto ipade kan pẹlu tabili iṣowo rẹ ati emi ... 818 00:47:50,001 --> 00:47:54,000 ati, ati techie kan, tani, tani o ṣe gbogbo eyi… o dun pupọ… 819 00:47:54,001 --> 00:47:57,700 sare lọ si kọmputa rẹ, fa soke, laarin iṣẹju-aaya mẹta, 820 00:47:57,701 --> 00:48:00,600 yi Goldman Sachs oro ti sikioriti. 821 00:48:00,601 --> 00:48:02,800 O je kan pipe ajalu. 822 00:48:02,801 --> 00:48:08,000 Awọn oluyawo ti yawo, ni apapọ, 99,3 ogorun ti owo ile. 823 00:48:08,001 --> 00:48:11,000 Eyi tumọ si pe wọn ko ni owo ninu ile. 824 00:48:11,001 --> 00:48:13,600 Ti ohunkohun ba jẹ aṣiṣe, wọn yoo lọ rin kuro lati yá. 825 00:48:13,601 --> 00:48:16,300 Eyi kii ṣe awin ti o fẹ ṣe gaan, abi? 826 00:48:16,301 --> 00:48:18,200 O ni lati jẹ aṣiwere. 827 00:48:18,201 --> 00:48:21,500 Sugbon bakan, o gba 8,000 ti awọn awin wọnyi… 828 00:48:21,501 --> 00:48:26,500 ati nipa akoko awọn enia buruku ti a ṣe ni Goldman Sachs ati awọn ile-iṣẹ idiyele, 829 00:48:26,501 --> 00:48:29,000 meji-meta ti awọn awin ti won won AAA, 830 00:48:29,001 --> 00:48:32,200 eyi ti o tumo ti won ni won won bi ailewu bi ijoba sikioriti. 831 00:48:32,201 --> 00:48:34,000 O jẹ, o jẹ aṣiwere patapata. 832 00:48:35,000 --> 00:48:38,500 Goldman Sachs ta ni o kere 3.1 bilionu owo dola... 833 00:48:38,501 --> 00:48:42,500 ti awọn wọnyi majele ti CDO ni idaji akọkọ ti 2006. 834 00:48:42,801 --> 00:48:47,000 Alakoso ti Goldman Sachs ni akoko yii jẹ Henry Paulson, 835 00:48:47,001 --> 00:48:49,500 ga-san CEO on Wall Street. 836 00:48:49,501 --> 00:48:53,500 E kaaro, kaabo si Ile White. 837 00:48:53,501 --> 00:48:56,000 Inu mi dun lati kede pe Emi yoo yan Henry Paulson… 838 00:48:56,001 --> 00:48:58,000 láti jẹ́ akọ̀wé ìṣúra. 839 00:48:58,001 --> 00:49:00,000 O ni igbesi aye ti iriri iṣowo, 840 00:49:00,001 --> 00:49:03,000 o ni ohun timotimo imo ti awọn ọja owo ... 841 00:49:03,001 --> 00:49:06,000 o ti mina kan rere fun candor ati iyege. 842 00:49:06,001 --> 00:49:08,200 O le ronu yoo ṣoro fun Paulson… 843 00:49:08,201 --> 00:49:11,000 lati ṣatunṣe si owo osu ijọba diẹ. 844 00:49:11,001 --> 00:49:17,000 Ṣugbọn mu iṣẹ naa bi akọwe Iṣura je ti o dara ju owo ipinnu ti aye re. 845 00:49:17,001 --> 00:49:21,000 Paulson ni lati ta tirẹ 485 milionu dọla ti ọja iṣura Goldman ... 846 00:49:21,001 --> 00:49:23,000 nígbà tí ó lọ ṣiṣẹ́ fún ìjọba. 847 00:49:23,001 --> 00:49:26,200 Ṣugbọn nitori ofin ti o kọja nipasẹ Aare Bush akọkọ, 848 00:49:26,201 --> 00:49:29,000 kò ní láti san owó orí kankan lórí rẹ̀. 849 00:49:29,001 --> 00:49:32,000 O ti fipamọ 50 milionu dọla. 850 00:49:39,001 --> 00:49:42,000 Nkan naa jade ni Oṣu Kẹwa ọdun 2007. 851 00:49:42,001 --> 00:49:46,000 Tẹlẹ, idamẹta ti awọn mogeji jẹ aiyipada. 852 00:49:46,001 --> 00:49:50,000 Bayi, hun, pupọ julọ wọn lọ'. 853 00:49:51,500 --> 00:49:54,000 Ẹgbẹ kan ti o ti ra awọn aabo ti ko niye ni bayi… 854 00:49:54,001 --> 00:49:58,200 je Public Employees Eto ifẹhinti ti Mississippi, 855 00:49:58,201 --> 00:50:02,800 eyi ti o pese awọn anfani oṣooṣu to ju 80,000 retirees. 856 00:50:02,801 --> 00:50:08,000 Wọn padanu awọn miliọnu dọla, ati pe wọn n gbe ẹjọ Goldman Sachs bayi. 857 00:50:21,001 --> 00:50:26,000 Ni ipari 2006, Goldman ti gba ohun igbese siwaju. 858 00:50:26,001 --> 00:50:28,600 Ko kan ta awọn CDO majele ti… 859 00:50:28,601 --> 00:50:31,000 o bẹrẹ a tẹtẹ akitiyan lodi si wọn 860 00:50:31,001 --> 00:50:32,600 ni akoko kanna o n sọ fun awọn alabara ... 861 00:50:32,601 --> 00:50:35,500 pe nwọn wà ga-didara idoko-. 862 00:50:36,500 --> 00:50:40,000 Nipa rira awọn swaps aiyipada kirẹditi lati AIG, 863 00:50:40,001 --> 00:50:43,000 Goldman le tẹtẹ lodi si CDO ko ni ti ara, 864 00:50:43,001 --> 00:50:46,000 ati gba owo nigbati awọn CDO kuna. 865 00:50:47,000 --> 00:50:51,000 Mo beere lọwọ wọn boya ẹnikan ti a npe ni onibara, 866 00:50:51,001 --> 00:50:54,300 o si wipe, o mọ, a ko gan fẹ iru yá mọ́, 867 00:50:54,301 --> 00:50:57,000 ati pe a ro pe o yẹ ki o mọ, o mọ. 868 00:50:57,001 --> 00:50:59,000 Wọn, wọn ko sọ nkankan gaan… 869 00:50:59,001 --> 00:51:02,500 ṣugbọn, o mọ, o le kan lero ẹrín bọ lori foonu. 870 00:51:03,000 --> 00:51:08,500 Goldman Sachs ra o kere ju 22 bilionu dọla ti gbese aiyipada swaps lati AIG. 871 00:51:08,501 --> 00:51:13,500 O jẹ pupọ pe Goldman mọ pe AIG funrararẹ le lọ ni owo. 872 00:51:13,501 --> 00:51:15,500 nitorina wọn lo 150 milionu dọla ... 873 00:51:15,501 --> 00:51:20,000 insuring ara wọn lodi si AIG ká pọju Collapse. 874 00:51:20,001 --> 00:51:23,500 Lẹhinna, ni 2007, Goldman lọ paapaa siwaju sii. 875 00:51:23,501 --> 00:51:26,000 Wọn bẹrẹ si ta CDO's apẹrẹ pataki ... 876 00:51:26,001 --> 00:51:28,600 ki owo diẹ sii awọn onibara wọn padanu, 877 00:51:28,601 --> 00:51:31,500 awọn diẹ owo Goldman Sachs ṣe. 878 00:51:38,001 --> 00:51:43,000 Ẹgbẹta milionu dọla, Timberwolf Securities jẹ ohun ti o ta. 879 00:51:43,001 --> 00:51:46,000 Ṣaaju ki o to ta wọn, 880 00:51:46,001 --> 00:51:50,100 eyi ni ẹgbẹ tita rẹ ni won so fun kọọkan miiran. 881 00:51:50,101 --> 00:51:54,000 Ọmọkunrin, pe Timberwolf jẹ adehun shitty kan. 882 00:51:54,001 --> 00:51:57,000 Eleyi je ohun e-mail si mi ni pẹ Okudu. 883 00:51:57,001 --> 00:51:59,300 - Ọtun. Ati pe o pe ni 'Timberwol - Lẹhin idunadura naa. 884 00:51:59,301 --> 00:52:02,800 Rara, rara, o ta Timberwolf lẹhin naa. 885 00:52:02,801 --> 00:52:04,200 W... a ṣe awọn iṣowo lẹhin eyi. 886 00:52:04,201 --> 00:52:05,300 Bẹẹni, o dara. 887 00:52:05,301 --> 00:52:08,700 Imeeli t’okan, wo, Oṣu Keje 1, 07... 888 00:52:08,801 --> 00:52:12,000 sọ fun agbara tita, "Awọn oke ni ayo ni Timberwolf". 889 00:52:12,001 --> 00:52:15,400 Rẹ ni ayo oke lati ta ni ti o shitty idunadura. 890 00:52:15,401 --> 00:52:17,500 ti o ba ti o ba ni ohun ikolu ti anfani si onibara rẹ, 891 00:52:17,501 --> 00:52:20,000 ṣe o ni ojuse naa lati ṣafihan iyẹn si alabara rẹ… 892 00:52:20,001 --> 00:52:23,000 lati so fun wipe ose ti rẹ ikolu anfani? Ibeere mi niyen. 893 00:52:23,001 --> 00:52:25,500 Ọgbẹni Alaga, kan gbiyanju lati ni oye... 894 00:52:25,501 --> 00:52:28,000 Rara, Mo ro pe o loye rẹ Emi ko ro pe o fẹ lati dahun. 895 00:52:28,001 --> 00:52:31,000 Ṣe o gbagbọ pe o ni ojuse lati ṣe… 896 00:52:31,001 --> 00:52:34,550 ninu awọn ti o dara ju anfani ti rẹ ibara? 897 00:52:35,500 --> 00:52:37,000 Lẹẹkansi, uh... Eh... Alagba, emi, 898 00:52:37,001 --> 00:52:40,400 Emi yoo tun ṣe, o mọ, a ni, ojuse kan si, lati sin awọn alabara wa… 899 00:52:40,401 --> 00:52:45,000 nipa fifi owo lori idunadura ibi ti nwọn beere a show owo fun. 900 00:52:45,001 --> 00:52:47,000 Kini o ro nipa... 901 00:52:47,401 --> 00:52:51,800 ta sikioriti eyi ti ara rẹ eniyan ro pe o wa ... inira? 902 00:52:51,801 --> 00:52:53,500 Ṣe iyẹn n yọ ọ lẹnu bi? 903 00:52:53,501 --> 00:52:57,500 Mo ro pe wọn yoo, lẹẹkansi, bi a hypothetical? 904 00:52:57,501 --> 00:52:58,500 Rara. Eleyi jẹ gidi 905 00:52:58,501 --> 00:53:00,400 - Daradara lẹhinna Emi ko ... - A gbọ loni. 906 00:53:00,401 --> 00:53:02,200 - Daradara... - A gbọ loni: 907 00:53:02,201 --> 00:53:03,901 Eyi jẹ adehun shitty, eyi jẹ inira. 908 00:53:04,001 --> 00:53:09,000 Emi...I...Nko gbo nkankan loni iyẹn jẹ ki n ronu ohunkohun, um... 909 00:53:09,001 --> 00:53:10,500 ti lọ aṣiṣe 910 00:53:10,501 --> 00:53:14,700 Se ko rogbodiyan nigbati o ba ta nkan fun ẹnikan, 911 00:53:14,701 --> 00:53:20,500 ati ki o si pinnu a tẹtẹ lodi si aabo kanna ... 912 00:53:20,501 --> 00:53:24,000 ati pe o ko ṣe afihan iyẹn si eni ti o n ta a. 913 00:53:24,001 --> 00:53:25,200 - Ninu... - Ṣe o ri iṣoro kan? 914 00:53:25,201 --> 00:53:28,700 Ni ipo ti iṣelọpọ ọja, iyẹn kii ṣe ija. 915 00:53:28,701 --> 00:53:32,000 Nigbati o gbọ pe awọn oṣiṣẹ rẹ, ninu awọn imeeli wọnyi, sọ pe, 916 00:53:32,001 --> 00:53:35,200 "Ọlọrun, kini adehun aṣiwere, ọlọrun, kini nkan ti inira ”… 917 00:53:35,201 --> 00:53:36,500 ṣe o lero nkankan? 918 00:53:36,501 --> 00:53:39,600 Ti... Mo ro pe iyẹn jẹ laanu pupọ lati ni lori e-mail. 919 00:53:39,601 --> 00:53:41,200 Ṣe o b... 920 00:53:41,201 --> 00:53:44,300 Ati, ati, ati lailoriire pupọ ... Emi ko, Emi ko... 921 00:53:44,301 --> 00:53:47,500 Lori imeeli? Bawo ni nipa rilara ni ọna yẹn? 922 00:53:47,501 --> 00:53:50,500 Mo ro pe o jẹ lailoriire pupọ fun ẹnikẹni lati sọ pe, ni eyikeyi fọọmu. 923 00:53:50,501 --> 00:53:51,600 Ṣe oye rẹ... 924 00:53:51,601 --> 00:53:54,801 pe awọn oludije rẹ won npe ni iru akitiyan? 925 00:53:55,101 --> 00:53:59,700 Ah... beeni. Ati, ati si iwọn ti o ga julọ ju wa, ni ọpọlọpọ igba. 926 00:54:00,001 --> 00:54:02,000 Alakoso inawo hedge John Paulson... 927 00:54:02,001 --> 00:54:06,000 ṣe 12 bilionu owo dola tẹtẹ lodi si yá oja. 928 00:54:06,001 --> 00:54:09,100 Nigba ti John Paulson sure jade ti awọn sikioriti yá lati tẹtẹ lodi si, 929 00:54:09,101 --> 00:54:14,000 o sise pẹlu Goldman Sachs ati Deutsche Bank lati ṣẹda diẹ ẹ sii ti wọn. 930 00:54:14,001 --> 00:54:18,700 Morgan Stanley tun n ta yá awọn aabo ti o ti tẹtẹ lodi si, 931 00:54:18,701 --> 00:54:21,800 ati awọn ti o ti n bayi ni ẹjọ nipasẹ awọn owo ifẹhinti awọn oṣiṣẹ ijọba, 932 00:54:21,801 --> 00:54:25,000 ti Virgin Islands fun jegudujera. 933 00:54:25,001 --> 00:54:29,300 Ẹjọ naa sọ pe Morgan Stanley mọ pe awọn CDO ká wà ijekuje. 934 00:54:29,301 --> 00:54:32,000 Botilẹjẹpe wọn jẹ iwọn AAA, 935 00:54:32,001 --> 00:54:34,100 Morgan Stanley n tẹtẹ pe wọn yoo kuna. 936 00:54:34,101 --> 00:54:38,600 Odun kan nigbamii, Morgan Stanley ti ṣe awọn ọgọọgọrun miliọnu dọla, 937 00:54:38,601 --> 00:54:42,900 nigba ti afowopaowo ti sọnu fere gbogbo wọn owo. 938 00:54:58,001 --> 00:55:03,000 O yoo ti ro wipe ifehinti owo yoo ti sọ, "awọn ti o wa ni subprime... 939 00:55:03,001 --> 00:55:05,500 kilode ti mo n ra wọn?" 940 00:55:05,501 --> 00:55:10,700 Nwọn si ní wọnyi buruku ni Moody ká ati Standard and Poor's ti o sọ pe, AAA niyẹn. 941 00:55:10,701 --> 00:55:14,500 Ko si ọkan ninu awọn aabo wọnyi ti o jade laisi imprimatur, o mọ, 942 00:55:14,501 --> 00:55:17,100 Igbẹhin Itọju Ile ti o dara ti Ifọwọsi, ti awọn ajo Rating. 943 00:55:17,101 --> 00:55:22,000 Awọn ile-iṣẹ igbelewọn mẹta… Moody's, SandP, ati Fitch... 944 00:55:22,001 --> 00:55:26,500 ṣe ọkẹ àìmọye ti dọla fifun ga-wonsi to eewu sikioriti. 945 00:55:26,501 --> 00:55:28,500 Moody's, ile-iṣẹ idiyele ti o tobi julọ, 946 00:55:28,501 --> 00:55:32,701 ìlọ́po mẹ́rin àwọn èrè rẹ̀ laarin 2000 ati 2007. 947 00:55:34,001 --> 00:55:37,500 Moody's ati SandP gba isanpada da lori fifi awọn iroyin igbelewọn jade. 948 00:55:37,501 --> 00:55:41,500 Ati awọn diẹ ti eleto sikioriti wọn fun ni iwọn AAA kan, 949 00:55:41,501 --> 00:55:43,500 awọn ti o ga wọn dukia won maa wa fun awọn mẹẹdogun. 950 00:55:43,501 --> 00:55:44,500 Fojuinu ti o ba lọ si New York Times, 951 00:55:44,501 --> 00:55:47,500 o si wipe, wo, ti o ba kọ kan rere itan, Emi yoo san 500,000 dọla. 952 00:55:47,501 --> 00:55:50,500 Ṣugbọn ti o ko ba ṣe, Emi yoo fun ọ ni nkankan. 953 00:55:50,501 --> 00:55:52,000 Awọn ile-iṣẹ idiyele le ni da ẹgbẹ naa duro, o si sọ pe: 954 00:55:52,001 --> 00:55:55,000 Ma binu, o mọ... a yoo Mu awọn iṣedede wa pọ. 955 00:55:55,001 --> 00:55:57,700 Eyi ni, ati ... ati ... ati lẹsẹkẹsẹ ge ... 956 00:55:57,701 --> 00:56:00,901 pupo ti sisan ti igbeowo si awọn oluya eewu. 957 00:56:01,001 --> 00:56:11,000 AAA-ti won won irinse olu lati kan iwonba to egbegberun ati egbegberun. 958 00:56:11,001 --> 00:56:16,000 Awọn ọgọọgọrun ọkẹ àìmọye dọla, uh... won won won. O mọ, ati ... 959 00:56:16,001 --> 00:56:18,000 - Fun odun. - Fun ọdun kan; beni. 960 00:56:18,001 --> 00:56:20,900 Mo ti jẹri bayi niwaju awọn ile asofin mejeeji ... 961 00:56:20,901 --> 00:56:23,401 lori gbese Rating ibẹwẹ oro. 962 00:56:23,701 --> 00:56:29,300 Ati awọn akoko mejeeji, wọn jade pupọ olokiki awọn agbẹjọro Atunse akọkọ, 963 00:56:29,301 --> 00:56:33,600 si jiyan pe nigba ti a sọ pe ohun kan ni iwọn AAA, 964 00:56:33,601 --> 00:56:37,000 ero wa lasan niyen o yẹ ki o ko gbekele lori o. 965 00:56:37,001 --> 00:56:39,400 Awọn iwontun-wonsi SandP ṣe afihan ero wa. 966 00:56:39,401 --> 00:56:42,901 Awọn iwontun-wonsi wa, uh... jẹ awọn ero wa. Sugbon ti won ba ero. 967 00:56:42,902 --> 00:56:45,700 Awọn ero, ati pe, won wa ni o kan ero. 968 00:56:45,701 --> 00:56:49,500 Mo ro pe a tẹnumọ otitọ pe awọn iwontun-wonsi wa jẹ, uh... uh... 969 00:56:49,501 --> 00:56:51,000 ni o wa ero. 970 00:56:56,001 --> 00:56:59,300 Wọn ko sọrọ si iye ọja ti aabo, 971 00:56:59,301 --> 00:57:04,000 iyipada ti idiyele rẹ, tabi ibamu rẹ bi idoko-owo. 972 00:57:22,000 --> 00:57:25,000 A ni ọpọlọpọ awọn onimọ-ọrọ-ọrọ wa lori afefe wa, o si wipe, 973 00:57:25,001 --> 00:57:27,000 oh, eyi jẹ o ti nkuta, ati pe yoo bu, 974 00:57:27,001 --> 00:57:30,000 ati pe eyi yoo jẹ ọran gidi kan fun aje. 975 00:57:30,001 --> 00:57:33,300 Diẹ ninu awọn sọ pe o le paapaa fa ipadasẹhin ni aaye kan. 976 00:57:33,301 --> 00:57:36,600 Kini oju iṣẹlẹ ti o buru julọ, ti o ba jẹ pe a yoo rii ... 977 00:57:36,601 --> 00:57:40,000 iye owo wa si isalẹ substantially jakejado orilẹ-ede naa? 978 00:57:40,001 --> 00:57:43,300 O dara, Emi, Mo gboju pe Emi ko ra agbegbe rẹ. O ni a lẹwa išẹlẹ ti seese. 979 00:57:43,301 --> 00:57:47,600 A ko ni idinku ninu awọn idiyele ile lori gbogbo orilẹ-ede ba... ni ipilẹ orilẹ-ede. 980 00:57:47,601 --> 00:57:52,700 Ben Bernanke di alaga ti awọn Federal Reserve Board ni Kínní 2006, 981 00:57:52,701 --> 00:57:56,300 oke odun fun subprime yiya. 982 00:57:56,301 --> 00:58:01,700 Sugbon pelu afonifoji ikilo, Bernanke ati Federal Reserve Board ko ṣe nkankan. 983 00:58:06,001 --> 00:58:09,800 Robert Gnaizda pade pẹlu Ben Bernanke ati Federal Reserve Board 984 00:58:09,801 --> 00:58:12,500 ni igba mẹta lẹhin Bernanke di alaga. 985 00:58:12,501 --> 00:58:15,100 Nikan ni ipade ti o kẹhin ... 986 00:58:15,101 --> 00:58:18,000 ṣe o daba pe iṣoro kan wa, 987 00:58:18,001 --> 00:58:20,700 ati pe ijoba yẹ lati wo inu rẹ. 988 00:58:20,701 --> 00:58:22,400 Nigbawo? Nigbawo ni iyẹn? Odun wo? 989 00:58:22,501 --> 00:58:25,600 Ni ọdun 2009, Oṣu Kẹta ọjọ 11, ni D.C. 990 00:58:25,601 --> 00:58:27,400 - Odun yi. - Odun yii a pade, bẹẹni. 991 00:58:27,401 --> 00:58:30,200 Ati bẹ fun awọn ọdun meji ti tẹlẹ o pade rẹ, 992 00:58:30,201 --> 00:58:33,301 - paapaa ni ọdun 2008? - Bẹẹni. 993 00:58:33,401 --> 00:58:37,300 Ọkan ninu awọn mẹfa Federal Reserve Board awọn gomina ti n ṣiṣẹ labẹ Bernanke… 994 00:58:37,301 --> 00:58:42,000 je Frederic Mishkin, ti a yàn nipasẹ Aare Bush ni ọdun 2006. 995 00:58:42,001 --> 00:58:45,500 Nje o kopa ninu awọn ipade olodoodun ti, uh... 996 00:58:45,501 --> 00:58:48,000 Robert Gnaizda ati, ati, uh... Awọ ewe... 997 00:58:48,001 --> 00:58:49,500 ní pẹlu Federal Reserve Board? 998 00:58:49,501 --> 00:58:52,000 Bẹẹni mo ṣe. Mo ti wà kosi lori igbimọ pe, eh... 999 00:58:52,001 --> 00:58:55,700 ti o lowo, lowo pẹlu ti Igbimọ Awujọ Onibara. 1000 00:58:55,701 --> 00:58:59,700 O kilo, ni ọna ti o han gbangba, nipa ohun ti n ṣẹlẹ... 1001 00:58:59,701 --> 00:59:01,500 o si wá si awọn Federal Reserve Board... 1002 00:59:01,501 --> 00:59:04,000 pẹlu awin iwe iru awọn awin ti o jẹ ... 1003 00:59:04,001 --> 00:59:05,001 nigbagbogbo a ṣe. 1004 00:59:05,101 --> 00:59:08,600 Wọ́n sì gbọ́ tirẹ̀ tọ̀wọ̀tọ̀wọ̀, kò sì sí ohun tí a ṣe. 1005 00:59:08,601 --> 00:59:11,400 Bẹẹni. Nitorina, uh... lẹẹkansi, Emi ko mọ awọn alaye, 1006 00:59:11,401 --> 00:59:14,301 ni awọn ofin ti, ti, uh... ti, ah...um... 1007 00:59:15,001 --> 00:59:18,000 ni otitọ, Emi ... Emi ko kan ... Emi... Emi ko ni gaan, 1008 00:59:18,001 --> 00:59:22,000 eyikeyi alaye ti o pese, Emi ko ni idaniloju ni pato, pe, uh... 1009 00:59:22,201 --> 00:59:25,500 o jẹ, o jẹ kosi, lati so ooto, Emi ko le ranti eyi, iru ijiroro yii, 1010 00:59:25,502 --> 00:59:30,600 sugbon esan, hun, nibẹ, nibẹ wà oran ti o wà, uh... uh... bọ soke. 1011 00:59:30,601 --> 00:59:33,000 Ṣugbọn lẹhinna ibeere naa ni, bawo ni wọn ṣe tan kaakiri? 1012 00:59:33,001 --> 00:59:34,601 Kilode ti o ko gbiyanju lati wo? 1013 00:59:34,602 --> 00:59:35,600 Mo ro pe eniyan ṣe. 1014 00:59:35,601 --> 00:59:38,000 A ni eniyan ti n wo, gbogbo eniyan ti n wo eyi, 1015 00:59:38,001 --> 00:59:39,500 - fun ohunkohun ti idi... - E jowo, o ko le ṣe pataki. 1016 00:59:39,501 --> 00:59:41,200 Ti o ba ti wo, iwo iba ti ri nkan. 1017 00:59:41,201 --> 00:59:45,700 Uh... o mọ, iyẹn rọrun pupọ lati sọ nigbagbogbo pe o le rii nigbagbogbo. 1018 00:59:45,701 --> 00:59:48,000 Ni ibẹrẹ ọdun 2004, 1019 00:59:48,001 --> 00:59:52,500 FBI ti tẹlẹ kilo nipa ajakale ti yá jegudujera. 1020 00:59:52,501 --> 00:59:55,000 Wọn royin awọn igbelewọn inflated, 1021 00:59:55,001 --> 00:59:57,000 iwe aṣẹ awin dokita, 1022 00:59:57,001 --> 00:59:59,300 ati awọn miiran arekereke aṣayan iṣẹ-ṣiṣe. 1023 00:59:59,301 --> 01:00:04,000 Ni ọdun 2005, oludari ọrọ-aje ti IMF, Raghuram Rajan, 1024 01:00:04,001 --> 01:00:08,000 kilo wipe lewu imoriya le ja si aawọ. 1025 01:00:08,001 --> 01:00:12,000 Lẹhinna awọn ikilọ Nouriel Roubini wa ni odun 2006. 1026 01:00:12,001 --> 01:00:17,300 Allan Sloan ká ìwé ni Fortune irohin ati Washington Post ni ọdun 2007 ... 1027 01:00:17,301 --> 01:00:19,200 ati awọn ikilọ leralera lati IMF. 1028 01:00:19,201 --> 01:00:22,100 Mo sọ bẹ, ati ni aṣoju ile-ẹkọ naa: 1029 01:00:22,101 --> 01:00:25,500 hun, idaamu ti o wa niwaju wa jẹ idaamu nla kan. 1030 01:00:25,501 --> 01:00:26,500 Tani o ba sọrọ? 1031 01:00:26,501 --> 01:00:29,100 Ijọba, Iṣura, ki, awọn je, gbogbo eniyan. 1032 01:00:29,101 --> 01:00:33,100 Ni Oṣu Karun ọdun 2007, Alakoso inawo hejii Bill Ackman… 1033 01:00:33,101 --> 01:00:36,800 kaakiri igbejade ti a npe ni "Ta ni o di apo?", 1034 01:00:36,801 --> 01:00:40,000 eyi ti ṣàpèjúwe bi o ti nkuta yoo unravel. 1035 01:00:40,001 --> 01:00:46,500 Ati ni ibẹrẹ 2008, Charles Morris ṣe atẹjade iwe re nipa aawọ ti o nbọ. 1036 01:00:46,501 --> 01:00:49,000 Owo ti o rọrun, Awọn Rollers giga, ati awọn Nla Credit jamba. 1037 01:00:49,001 --> 01:00:51,000 O kan ko da ọ loju, kini o ṣe? 1038 01:00:51,001 --> 01:00:54,800 Ati pe o le ni awọn ifura pe underwriting awọn ajohunše ti wa ni a irẹwẹsi 1039 01:00:54,801 --> 01:00:58,500 ṣugbọn lẹhinna ibeere naa ni, o yẹ ki o ṣe ohunkohun nipa rẹ? 1040 01:01:00,000 --> 01:01:04,000 Ni ọdun 2008, awọn igbapada ile won ga soke, 1041 01:01:04,001 --> 01:01:07,000 ati awọn securitization ounje pq imploded. 1042 01:01:07,001 --> 01:01:11,000 Awọn ayanilowo ko le ta awọn awin wọn mọ si awọn banki idoko-owo ... 1043 01:01:11,001 --> 01:01:15,000 ati bi awọn awin ti lọ buburu, dosinni ti awọn ayanilowo kuna 1044 01:01:15,001 --> 01:01:21,500 Chuck Prince, ti Citibank, olokiki sọ pe, uh, uh... 1045 01:01:21,501 --> 01:01:24,700 a ni lati jo titi orin yoo fi duro. 1046 01:01:24,701 --> 01:01:28,300 Lootọ, orin naa ti duro tẹlẹ nigbati o wi pe. 1047 01:01:28,301 --> 01:01:30,800 Ọja fun CDOs ṣubu, 1048 01:01:30,801 --> 01:01:34,700 nlọ awọn ile-ifowopamọ idoko-owo awọn ọgọọgọrun ọkẹ àìmọye dọla ni awọn awin, 1049 01:01:34,701 --> 01:01:38,500 Awọn CDO, ati ohun-ini gidi ti wọn ko le ta. 1050 01:01:38,501 --> 01:01:43,500 Nigbati idaamu bẹrẹ mejeeji iṣakoso Bush… 1051 01:01:43,501 --> 01:01:47,000 ati Federal Reserve wà nibe sile awọn ti tẹ. 1052 01:01:47,001 --> 01:01:49,600 Wọn ko loye iwọn rẹ. 1053 01:01:49,601 --> 01:01:53,500 Ni akoko wo ni o ranti ronu, fun igba akọkọ, 1054 01:01:53,501 --> 01:01:56,000 Eyi lewu, eyi jẹ buburu? 1055 01:01:56,001 --> 01:01:59,000 Mo ranti daradara, uh, ọkan 1056 01:01:59,001 --> 01:02:02,600 Mo ro pe ipade G7 ni, ti Kínní 2008. 1057 01:02:02,601 --> 01:02:06,700 Ati pe Mo ranti ijiroro oro pẹlu, pẹlu Hank Paulson. 1058 01:02:06,701 --> 01:02:10,000 Ati pe Mo ranti kedere sisọ Hank: 1059 01:02:10,001 --> 01:02:12,700 a n wo tsunami yii n bọ... 1060 01:02:12,701 --> 01:02:16,301 ati ki o kan... ni imọran... 1061 01:02:16,401 --> 01:02:20,000 ti a beere eyi ti odo aṣọ a yoo fi sii. 1062 01:02:20,001 --> 01:02:22,400 Kini idahun rẹ, kí ni ìmọ̀lára rẹ̀? 1063 01:02:22,401 --> 01:02:26,500 Ohun ti wa ni lẹwa Elo labẹ iṣakoso. Bẹẹni, a n wo, 1064 01:02:26,501 --> 01:02:29,400 ipo yii farabalẹ, ati hun... 1065 01:02:29,401 --> 01:02:32,000 Bẹẹni, o wa labẹ iṣakoso. 1066 01:02:32,001 --> 01:02:36,000 A yoo tẹsiwaju lati dagba, o dara? Ati pe o han gedegbe, Emi yoo sọ: 1067 01:02:36,001 --> 01:02:40,000 ti o ba n dagba, iwọ kii ṣe ni ipadasẹhin, otun? Mo tumọ si, 1068 01:02:40,001 --> 01:02:42,000 gbogbo wa la mo pe. 1069 01:02:49,000 --> 01:02:54,000 Ni Oṣu Kẹta ti 2008, banki idoko-owo Bear Stearn ti pari ti owo, 1070 01:02:54,001 --> 01:02:57,500 ati pe o gba owo dola meji ipin nipasẹ JP Morgan Chase. 1071 01:02:57,501 --> 01:03:02,000 Iṣowo naa ṣe atilẹyin nipasẹ 30 bilionu owo dola ninu awọn iṣeduro pajawiri... 1072 01:03:02,001 --> 01:03:04,300 lati Federal Reserve. 1073 01:03:04,301 --> 01:03:07,700 Ti o wà ni akoko nigbati awọn isakoso le ti wọle, 1074 01:03:07,701 --> 01:03:11,800 ki o si fi ni ibi orisirisi iru ti awọn igbese... 1075 01:03:11,801 --> 01:03:13,500 ti yoo dinku eewu eto. 1076 01:03:13,501 --> 01:03:16,500 Alaye ti Mo ngba lati diẹ ninu awọn ẹya... 1077 01:03:16,501 --> 01:03:21,000 Ṣe opin ko si nibi, pe awọn bata miiran wa lati ṣubu. 1078 01:03:21,001 --> 01:03:25,700 Mo ti rii awọn banki idoko-owo yẹn ṣiṣẹ pẹlu... 1079 01:03:25,701 --> 01:03:30,600 Fed ati SEC lati mu oloomi wọn lagbara, 1080 01:03:30,601 --> 01:03:33,800 lati mu agbara wọn lagbara, awọn ipo olu wọn. 1081 01:03:33,801 --> 01:03:38,500 Mo gba awọn ijabọ ni gbogbo igba. Awọn olutọsọna wa, jẹ iṣọra pupọ. 1082 01:03:38,501 --> 01:03:40,800 Ojo keje osu kesan odun 2008... 1083 01:03:40,801 --> 01:03:42,800 Henry Paulson kede ijoba apapo... 1084 01:03:42,801 --> 01:03:45,000 ti Fannie Mae ati Freddie Mac, 1085 01:03:45,001 --> 01:03:48,000 meji omiran yá ayanilowo lori etigbe ti Collapse. 1086 01:03:48,001 --> 01:03:50,000 Ko si nkankan nipa awọn iṣe wa loni… 1087 01:03:50,001 --> 01:03:52,800 ni ọna eyikeyi ṣe afihan wiwo ti o yipada… 1088 01:03:52,801 --> 01:03:55,000 ti atunṣe ile tabi agbara... 1089 01:03:55,001 --> 01:03:57,500 ti awọn ile-iṣẹ inawo AMẸRIKA miiran. 1090 01:03:57,501 --> 01:04:00,000 Ọjọ meji lẹhinna, Lehman Brothers kede awọn adanu igbasilẹ… 1091 01:04:00,001 --> 01:04:04,500 ti 3.2 bilionu owo dola Amerika, ati awọn oniwe-ọja pale. 1092 01:04:05,501 --> 01:04:08,500 Awọn ipa ti Lehman ati AIG ni Oṣu Kẹsan ... 1093 01:04:08,501 --> 01:04:10,000 si tun wa bi iyalenu. 1094 01:04:10,001 --> 01:04:13,800 Mo tumọ si, eyi paapaa lẹhin Oṣu Keje, ati Fannie ati Freddie. Nitorina... 1095 01:04:13,801 --> 01:04:20,500 kedere, nibẹ wà nkan na pe bi Oṣu Kẹsan ... nkan pataki ... 1096 01:04:20,501 --> 01:04:23,000 ti ko si eniti o mọ nipa. 1097 01:04:23,001 --> 01:04:25,500 Mo ro pe iyẹn ni, Mo ro pe iyẹn tọ. 1098 01:04:25,501 --> 01:04:29,600 Bear Stearns jẹ iwọn AAA, bii, osu kan ṣaaju ki o lọ bankrupt? 1099 01:04:29,601 --> 01:04:32,000 - Ah... diẹ sii seese A2. -A2. 1100 01:04:32,001 --> 01:04:33,001 - Bẹẹni. - O dara. 1101 01:04:33,002 --> 01:04:36,500 - A2 jẹ ṣi ko bankrupt. - Bẹẹkọ rara rara. Rara. 1102 01:04:36,501 --> 01:04:39,000 Iyẹn ni, iyẹn jẹ ipele idoko-owo giga, ri to idoko-ite Rating 1103 01:04:39,001 --> 01:04:42,500 Awọn arakunrin Lehman; A2, laarin awọn ọjọ ti kuna. 1104 01:04:42,501 --> 01:04:47,500 Um... AIG, AA, laarin awọn ọjọ ti a bailed jade. 1105 01:04:47,501 --> 01:04:52,000 Fannie Mae ati Freddie Mac wà AAA nigba ti won ni won gbà. 1106 01:04:52,001 --> 01:04:56,000 Um... Citigroup, Merrill, gbogbo, gbogbo wọn ní idoko-ite-wonsi. 1107 01:04:56,001 --> 01:04:57,500 Báwo ni ìyẹn ṣe lè rí bẹ́ẹ̀? 1108 01:04:57,501 --> 01:05:02,000 O dara, ibeere to dara niyẹn. Ibeere nla niyen 1109 01:05:02,001 --> 01:05:06,000 Ko si aaye ti iṣakoso ko lọ si gbogbo awọn ile-iṣẹ pataki, ati pe, 1110 01:05:06,001 --> 01:05:10,600 o mọ: eyi ṣe pataki, sọ fun wa Kini awọn ipo rẹ jẹ, o mọ, 1111 01:05:10,601 --> 01:05:15,000 uh... ko si bullshit, nibo ni o? 1112 01:05:15,001 --> 01:05:18,500 O dara, akọkọ, iyẹn ni awọn olutọsọna, iyẹn ni iṣẹ wọn, otun? 1113 01:05:18,501 --> 01:05:21,000 Iṣẹ wọn ni lati ni oye ifihan... 1114 01:05:21,001 --> 01:05:25,500 laarin awọn oriṣiriṣi awọn ile-iṣẹ wọnyi, ati pe wọn ni atunṣe pupọ, uh... 1115 01:05:25,501 --> 01:05:28,500 oye ti Mo ro pe di diẹ idahun, diẹ ti won ti refaini ... 1116 01:05:28,501 --> 01:05:30,500 bi aawọ, um, tẹsiwaju. Nitorina... 1117 01:05:30,501 --> 01:05:33,600 Dariji mi, ṣugbọn o han gbangba pe kii ṣe otitọ. Emi m 1118 01:05:33,601 --> 01:05:35,000 Kini o tumọ si, kii ṣe otitọ? 1119 01:05:35,201 --> 01:05:38,800 Ni Oṣu Kẹjọ ti ọdun 2008, ṣe o mọ nipa awọn, 1120 01:05:38,801 --> 01:05:44,500 awọn gbese-wonsi ti o waye lẹhinna nipasẹ Awọn arakunrin Lehman, Merrill Lynch, AIG… 1121 01:05:44,501 --> 01:05:46,400 ati pe o ro pe wọn peye? 1122 01:05:46,401 --> 01:05:51,000 O dara, uh… uh… dajudaju Ni akoko yẹn, o han gbangba… 1123 01:05:51,001 --> 01:05:53,000 ti o sẹyìn gbese-wonsi ti ko tọ, 1124 01:05:53,001 --> 01:05:55,000 nitori nwọn ti wà downgraded substantially. 1125 01:05:55,001 --> 01:05:56,000 Rara wọn ko ni. 1126 01:05:56,001 --> 01:05:58,500 Huh...o wa sibe, o wa sibe diẹ ninu awọn downgrading, ni awọn ofin ti awọn, 1127 01:05:58,501 --> 01:06:01,500 ile-iṣẹ, awọn ifiyesi ti ind ... esan awọn iṣura owo 1128 01:06:01,501 --> 01:06:03,000 Kii ṣe diẹ ninu, gbogbo awọn ile-iṣẹ wọnyẹn ni a ṣe iwọn o kere ju A2... 1129 01:06:03,001 --> 01:06:06,000 titi a tọkọtaya ti ọjọ ṣaaju ki wọn, uh... ni a gbala. 1130 01:06:06,001 --> 01:06:08,500 O dara lẹhinna, o mọ, lẹhinna idahun ni, Emi ko kan, ko mọ to lati... 1131 01:06:08,501 --> 01:06:10,500 gan dahun ibeere rẹ lori yi pato oro. 1132 01:06:10,501 --> 01:06:14,000 Gomina Fred Mishkin n fi ipo silẹ, 31 Oṣu Kẹjọ ti o wulo. 1133 01:06:14,001 --> 01:06:16,000 O sọ pe o ngbero lati pada si ifiweranṣẹ ẹkọ rẹ ... 1134 01:06:16,001 --> 01:06:17,801 ni Columbia ká Graduate School ti Iṣowo. 1135 01:06:18,501 --> 01:06:21,200 Kini idi ti o fi kuro ni Federal Reserve ni Oṣu Kẹjọ ọdun 2008? 1136 01:06:21,201 --> 01:06:25,000 Mo tumọ si, ni, ni aarin ti awọn buru owo idaamu. 1137 01:06:25,001 --> 01:06:28,600 Nitorina, bẹẹni, uh, pe, uh... Mo ni lati, lati tunwo iwe-ẹkọ kan. 1138 01:06:28,601 --> 01:06:32,500 Ilọkuro rẹ lọ kuro ni igbimọ Fed pẹlu mẹta ninu awọn ijoko meje rẹ ṣ'ofo ... 1139 01:06:32,501 --> 01:06:34,600 o kan nigbati aje nilo rẹ julọ. 1140 01:06:34,601 --> 01:06:36,800 O dara, Mo ni idaniloju iwe-ẹkọ rẹ jẹ pataki ati ki o ni opolopo ka. 1141 01:06:36,801 --> 01:06:40,000 Ṣugbọn ni Oṣu Kẹjọ ọdun 2008, o mọ, diẹ ninu, 1142 01:06:40,001 --> 01:06:44,000 ni itumo diẹ pataki ohun n ṣẹlẹ ni agbaye, ṣe o ko ro? 1143 01:06:44,001 --> 01:06:46,000 Ni ọjọ Jimọ, Oṣu Kẹsan ọjọ 12th, 1144 01:06:46,001 --> 01:06:48,000 Lehman Brothers ti pari ti owo, 1145 01:06:48,001 --> 01:06:52,000 ati gbogbo ile-ifowopamọ idoko-owo ile ise ti a rì sare. 1146 01:06:52,001 --> 01:06:56,500 Iduroṣinṣin ti agbaye eto inawo wa ninu ewu. 1147 01:06:56,501 --> 01:07:00,000 Ni ipari ose yẹn, Henry Paulson ati Timothy Geithner, 1148 01:07:00,001 --> 01:07:02,400 Aare ti New York Federal Reserve... 1149 01:07:02,401 --> 01:07:06,000 pè ìpàdé pàjáwìrì pẹlu CEO ti awọn banki pataki ... 1150 01:07:06,001 --> 01:07:08,000 ninu igbiyanju lati gba Lehman la. 1151 01:07:08,001 --> 01:07:11,000 Ṣugbọn Lehman kii ṣe nikan. 1152 01:07:11,001 --> 01:07:13,300 Merrill Lynch, banki idoko-owo pataki miiran, 1153 01:07:13,301 --> 01:07:15,500 wà tun lori awọn brink ti ikuna. 1154 01:07:15,501 --> 01:07:19,000 Ati pe Sunday yẹn, O ti gba nipasẹ Bank of America. 1155 01:07:19,001 --> 01:07:24,000 Ile-ifowopamọ nikan ti o nifẹ si rira Lehman jẹ ile-iṣẹ Gẹẹsi Barclay's. 1156 01:07:24,001 --> 01:07:29,000 Ṣugbọn awọn olutọsọna Ilu Gẹẹsi beere owo kan ẹri lati US ijoba. 1157 01:07:29,001 --> 01:07:31,000 Paulson kọ. 1158 01:07:35,001 --> 01:07:39,000 Gbogbo wa ti fo sinu ọkọ ayọkẹlẹ ofeefee kan 1159 01:07:39,001 --> 01:07:42,500 o si sọkalẹ lọ si Federal Reserve Bank. 1160 01:07:42,501 --> 01:07:46,000 Wọn fẹ ẹjọ idi-owo naa bẹrẹ ṣaaju ki o to ọganjọ ... 1161 01:07:46,001 --> 01:07:48,000 ti Kẹsán 14. 1162 01:07:48,001 --> 01:07:54,700 A tẹsiwaju titẹ pe eyi yoo jẹ, uh... ẹru iṣẹlẹ. 1163 01:07:54,701 --> 01:07:57,200 Ati ni akoko kan, Mo lo ọrọ naa "Amágẹdọnì". 1164 01:07:57,201 --> 01:08:02,200 Ti nwọn ni kikun kà awọn àbájáde ohun tí wọ́n ń dábàá? 1165 01:08:02,201 --> 01:08:05,000 Ipa lori ọja yoo jẹ alailẹgbẹ. 1166 01:08:05,001 --> 01:08:07,000 - Ṣe o sọ eyi? - Bẹẹni. 1167 01:08:07,001 --> 01:08:12,400 Nwọn o kan so wipe ti won ti ro gbogbo ti awọn asọye ti a ti ṣe… 1168 01:08:12,401 --> 01:08:14,000 ati pe wọn tun jẹ igbagbọ… 1169 01:08:14,001 --> 01:08:18,500 pe lati le tunu awọn ọja naa ki o si gbe siwaju 1170 01:08:18,501 --> 01:08:22,000 o jẹ dandan fun Lehman lati lọ sinu idi. 1171 01:08:22,001 --> 01:08:23,300 - Tunu awọn ọja? - Bẹẹni. 1172 01:08:23,301 --> 01:08:28,500 Nigbawo ni o kọkọ sọ iyẹn Lehman ni otitọ ṣe yoo lọ si bankrupt? 1173 01:08:28,501 --> 01:08:30,000 Ah, lẹhin otitọ. 1174 01:08:30,001 --> 01:08:33,000 Lẹhin ti o daju? 1175 01:08:33,001 --> 01:08:36,500 Iro ohun. O dara. 1176 01:08:36,501 --> 01:08:42,000 Ati ... kini iṣe rẹ nigbati o kẹkọọ rẹ? 1177 01:08:42,001 --> 01:08:44,000 Maalu mimọ. 1178 01:08:44,001 --> 01:08:47,000 Paulson ati Bernanke ni ko ni imọran pẹlu awọn ijọba miiran 1179 01:08:47,001 --> 01:08:52,000 ati pe ko loye naa gaju ti awọn ajeji idi ofin. 1180 01:08:52,001 --> 01:08:58,000 Labẹ ofin Ilu Gẹẹsi, Lehman's Ọfiisi London ni lati wa ni pipade lẹsẹkẹsẹ. 1181 01:08:58,001 --> 01:08:59,900 Gbogbo awọn iṣowo wa si idaduro. 1182 01:08:59,901 --> 01:09:03,000 Ati nibẹ ni o wa egbegberun ati egbegberun ati egbegberun ti lẹkọ. 1183 01:09:03,001 --> 01:09:06,100 Awọn owo hejii ti o ni awọn ohun-ini Pẹlu Lehman ni Ilu Lọndọnu 1184 01:09:06,101 --> 01:09:09,000 se awari moju, si ipaya wọn patapata, 1185 01:09:09,001 --> 01:09:11,500 pe wọn ko le gba awọn ohun-ini yẹn pada. 1186 01:09:11,501 --> 01:09:14,400 Ọkan ninu awọn aaye ibudo kuna. 1187 01:09:14,401 --> 01:09:17,400 Ati awọn ti o ní tobi kolu-lori ipa ni ayika eto. 1188 01:09:17,401 --> 01:09:19,900 Atijọ owo oja inawo ni orile-ede... 1189 01:09:19,901 --> 01:09:24,000 kowe si pa aijọju meta ninu merin ti bilionu kan dọla ni gbese buburu ... 1190 01:09:24,001 --> 01:09:26,400 ti oniṣowo Lehman Brothers ti o jẹ bankrupt bayi. 1191 01:09:26,401 --> 01:09:30,000 Ikuna Lehman tun fa iparun ni ọja iwe iṣowo, 1192 01:09:30,001 --> 01:09:32,000 eyiti ọpọlọpọ awọn ile-iṣẹ da lori ... 1193 01:09:32,001 --> 01:09:35,300 lati sanwo fun awọn inawo iṣẹ, gẹgẹ bi awọn owoosu. 1194 01:09:35,301 --> 01:09:37,000 Iyẹn tumọ si boya wọn ni lati yọ awọn oṣiṣẹ kuro… 1195 01:09:37,001 --> 01:09:40,500 won ko le ra awọn ẹya ara. O da iṣowo duro ni awọn ọna rẹ. 1196 01:09:40,501 --> 01:09:42,300 Lojiji, awọn eniyan duro, wọn sọ pe: 1197 01:09:42,301 --> 01:09:45,500 Gbọ; kini a le gbagbọ? Ko si ohun ti a le gbekele mọ. 1198 01:09:45,501 --> 01:09:49,000 Ni ọsẹ kanna, AIG jẹ gbese bilionu 13… 1199 01:09:49,001 --> 01:09:51,400 si awọn dimu ti awọn swaps aiyipada gbese... 1200 01:09:51,401 --> 01:09:53,400 kò sì ní owó náà. 1201 01:09:53,401 --> 01:09:55,000 AIG jẹ ibudo miiran. 1202 01:09:55,001 --> 01:09:57,000 Ti AIG ba duro, o mọ, 1203 01:09:57,001 --> 01:09:59,500 gbogbo awọn ọkọ ofurufu le ni lati jẹ, o mọ, da fò. 1204 01:09:59,501 --> 01:10:03,500 Ni Oṣu Kẹsan ọjọ 17th, AIG ti gba nipasẹ ijọba. 1205 01:10:03,501 --> 01:10:06,500 Ati lẹhin ọjọ kan, Paulson ati Bernanke 1206 01:10:06,501 --> 01:10:11,000 beere Congress fun 700 bilionu owo dola lati beeli jade awọn bèbe. 1207 01:10:11,001 --> 01:10:16,000 Wọn kilo wipe yiyan yoo jẹ iparun owo iparun. 1208 01:10:16,001 --> 01:10:18,700 O je idẹruba. O mọ, gbogbo eto naa ti di soke ... 1209 01:10:18,701 --> 01:10:23,000 gbogbo apakan ti eto inawo, gbogbo apa ti awọn gbese eto. 1210 01:10:23,001 --> 01:10:24,700 Ko si eniti o le yawo owo. 1211 01:10:24,701 --> 01:10:27,900 O dabi idaduro ọkan ọkan ti agbaye owo eto. 1212 01:10:27,901 --> 01:10:30,300 ọwọ́ tí wọ́n fọwọ́ kàn mí ni mò ń ṣe. 1213 01:10:30,301 --> 01:10:32,100 Pupọ ohun ti Mo n ṣe pẹlu, o mọ, 1214 01:10:32,101 --> 01:10:35,200 Mo n ṣe pẹlu awọn abajade ti awọn nkan ti a ṣe, 1215 01:10:35,201 --> 01:10:37,000 igba, opolopo odun seyin. 1216 01:10:37,001 --> 01:10:39,000 Akọwe Paulson sọrọ jakejado isubu. 1217 01:10:39,001 --> 01:10:41,200 Ati gbogbo agbara awọn idi idi eyi ... 1218 01:10:41,201 --> 01:10:43,500 ati pe ọpọlọpọ wa… o pe wọn, uh... 1219 01:10:43,601 --> 01:10:45,000 nitorina emi... ko da mi loju... 1220 01:10:45,001 --> 01:10:46,201 Iwọ ko ṣe pataki nipa iyẹn, 1221 01:10:46,202 --> 01:10:47,100 - se iwo? - Mo n ṣe pataki. 1222 01:10:47,101 --> 01:10:49,000 Kini... kini iwọ yoo ṣe ti ṣe yẹ? Háà... 1223 01:10:49,001 --> 01:10:51,600 A... ati kini iwọ, kini iwọ nwa ohun ti o ko ri? 1224 01:10:51,601 --> 01:10:54,900 O je agbaagbawi... 1225 01:10:54,901 --> 01:10:59,500 fun idinamọ ilana ti swaps aiyipada gbese... 1226 01:10:59,501 --> 01:11:03,000 ati tun gbe awọn opin idogba soke lori awọn bèbe idoko-owo. 1227 01:11:03,001 --> 01:11:06,000 - Nitorina a-, lẹẹkansi, kini - O mẹnuba nkan wọnyẹn? 1228 01:11:06,001 --> 01:11:08,000 Emi ko gbọ ti o darukọ nkan wọnyi. 1229 01:11:08,001 --> 01:11:10,900 C... a le yi eyi pada pa fun iseju kan? 1230 01:11:15,001 --> 01:11:19,200 Nigba ti AIG ti bailed jade, awọn onihun ti awọn swaps aiyipada gbese rẹ... 1231 01:11:19,201 --> 01:11:22,000 julọ oguna eyiti o jẹ Goldman Sachs ... 1232 01:11:22,001 --> 01:11:25,900 won san 61 bilionu owo dola Amerika ni ọjọ keji. 1233 01:11:25,901 --> 01:11:29,300 Paulson, Bernanke, ati Tim Geithner fi agbara mu AIG ... 1234 01:11:29,301 --> 01:11:35,000 lati san 100 senti lori dola, dipo ju duna awọn idiyele kekere ... 1235 01:11:35,001 --> 01:11:40,800 Nikẹhin, AIG bailout iye owo awọn asonwoori lori 150 bilionu owo dola. 1236 01:11:40,801 --> 01:11:44,000 Ogota ati ọgọta bilionu owo dola lọ nipasẹ AIG, 1237 01:11:44,001 --> 01:11:47,000 14 bilionu lọ si Goldman Sachs. 1238 01:11:47,001 --> 01:11:50,600 Ni akoko kan naa, Paulson ati Geithner fi agbara mu AIG… 1239 01:11:50,601 --> 01:11:55,000 lati jowo ẹtọ rẹ lati bẹbẹ Goldman ati awọn miiran bèbe fun jegudujera. 1240 01:11:55,001 --> 01:12:00,000 Ṣe ko si iṣoro nigbati eniyan naa lati koju idaamu yii... 1241 01:12:00,001 --> 01:12:02,500 jẹ Alakoso iṣaaju ti Goldman Sachs… 1242 01:12:02,501 --> 01:12:06,500 ẹnikan ti o ni ipa pataki ninu dida rẹ? 1243 01:12:06,501 --> 01:12:08,700 O dara, Mo ro pe o tọ lati sọ pe awọn ọja owo loni… 1244 01:12:08,701 --> 01:12:11,000 ti wa ni ti iyalẹnu idiju. 1245 01:12:11,001 --> 01:12:12,001 ipese owo ti o nilo ni kiakia ... 1246 01:12:12,002 --> 01:12:16,400 Ni Oṣu Kẹjọ Ọjọ 4, Ọdun 2008. Aare Bush... 1247 01:12:16,401 --> 01:12:20,000 fowo si 700-bilionu-dola-owo bailout owo. 1248 01:12:20,001 --> 01:12:22,000 Ṣugbọn awọn ọja iṣura agbaye tẹsiwaju lati ṣubu, 1249 01:12:22,001 --> 01:12:26,000 laarin awọn ibẹrubojo wipe a agbaye ipadasẹhin ti nlọ lọwọ bayi... 1250 01:12:30,000 --> 01:12:32,400 Ofin bailout ko ṣe nkankan 1251 01:12:32,401 --> 01:12:35,400 lati dena ṣiṣan ti layoffs ati awọn igbapada. 1252 01:12:35,401 --> 01:12:41,000 Alainiṣẹ ni United States ati Yuroopu yarayara si 10 ogorun. 1253 01:12:41,001 --> 01:12:45,000 Awọn ipadasẹhin yiyara, ati ki o tan kaakiri agbaye. 1254 01:12:48,000 --> 01:12:50,000 Mo bẹrẹ si bẹru gaan, 1255 01:12:50,001 --> 01:12:53,600 nitori Emi ko rii tẹlẹ… 1256 01:12:53,601 --> 01:12:57,600 gbogbo agbaye n lọ silẹ ni iwọn kanna ni akoko kanna. 1257 01:12:57,601 --> 01:13:01,200 Oṣu kejila ọdun 2008, General Motors ati Chrysler ... 1258 01:13:01,201 --> 01:13:04,000 ti wa ni ti nkọju si idi. 1259 01:13:04,001 --> 01:13:06,500 Ati bi awọn onibara AMẸRIKA ṣe dinku lori inawo, 1260 01:13:06,501 --> 01:13:11,200 Awọn olupilẹṣẹ Ilu Ṣaina rii iṣiparọ tita. 1261 01:13:11,201 --> 01:13:16,000 Ju 10 milionu awọn oṣiṣẹ aṣikiri lọ ni Ilu China padanu awọn iṣẹ wọn. 1262 01:13:16,001 --> 01:13:21,500 opin ọjọ, talaka julọ, bi nigbagbogbo, san julọ. 1263 01:13:25,001 --> 01:13:29,000 Nibi o le jo'gun owo pupọ, bii, uh, 1264 01:13:29,001 --> 01:13:35,000 70, 80, uh, awọn dọla AMẸRIKA fun oṣu kan. 1265 01:13:35,001 --> 01:13:40,300 Gege bi agbe ni igberiko, o ko le jo'gun bi Elo owo. 1266 01:13:40,301 --> 01:13:44,500 Àwọn òṣìṣẹ́ náà kàn ń ta owó oṣù wọn si ilu wọn. 1267 01:13:44,501 --> 01:13:48,000 Lati fi fun awọn idile wọn. 1268 01:13:48,001 --> 01:13:50,700 Aawọ bẹrẹ ni Amẹrika. 1269 01:13:50,701 --> 01:13:56,000 Gbogbo wa mọ pe yoo wa si China. 1270 01:13:59,000 --> 01:14:03,700 Diẹ ninu awọn ile-iṣelọpọ gbiyanju lati ge awọn oṣiṣẹ kan kuro. 1271 01:14:03,701 --> 01:14:07,300 Diẹ ninu awọn eniyan yoo di talaka nitori wọn yoo padanu iṣẹ wọn. 1272 01:14:07,301 --> 01:14:11,000 Igbesi aye n le siwaju sii. 1273 01:14:18,000 --> 01:14:21,000 A n dagba ni iwọn 20 ogorun. 1274 01:14:21,001 --> 01:14:24,000 O je kan Super odun. 1275 01:14:24,001 --> 01:14:28,000 Ati lẹhinna a lọ lojiji si iyokuro mẹsan yi mẹẹdogun. 1276 01:14:28,001 --> 01:14:33,500 Awọn ọja okeere ti ṣubu. Ati pe a n sọrọ bi 30 ogorun. 1277 01:14:33,501 --> 01:14:37,500 Nitorinaa a kan lu, o mọ, subu lori okuta, ariwo! 1278 01:14:37,501 --> 01:14:39,200 Paapaa bi aawọ ti n ṣẹlẹ, 1279 01:14:39,201 --> 01:14:41,900 a ko mọ bi o gbooro yoo tan kaakiri, 1280 01:14:41,901 --> 01:14:44,000 tabi bawo ni yoo ṣe le to. 1281 01:14:44,001 --> 01:14:47,000 Ati pe a tun nireti pe diẹ ninu yoo wa ... 1282 01:14:47,001 --> 01:14:49,000 ọna fun wa lati ni ibi aabo ... 1283 01:14:49,001 --> 01:14:52,000 ati ki o jẹ, hun, kere lu nipasẹ iji. 1284 01:14:52,001 --> 01:14:53,500 Sugbon ko ṣee ṣe. 1285 01:14:53,501 --> 01:14:59,000 O jẹ agbaye ti o ni agbaye pupọ awọn ọrọ-aje ti wa ni gbogbo awọn ti sopọ mọ. 1286 01:15:30,001 --> 01:15:32,500 Ni gbogbo igba ti ile kan lọ sinu igba lọwọ ẹni, 1287 01:15:32,501 --> 01:15:35,000 o kan gbogbo eniyan ti o n gbe ni ayika ile naa. 1288 01:15:35,001 --> 01:15:36,400 'Fa nigba ti ohun ini lọ lori ọja, 1289 01:15:36,401 --> 01:15:38,600 ao ta ni owo kekere... 1290 01:15:38,601 --> 01:15:42,000 boya ṣaaju ki o to lọ lori ọja, kii yoo ni itọju daradara. 1291 01:15:42,001 --> 01:15:46,000 A ṣe iṣiro 9 milionu miiran onile yoo padanu ile wọn. 1292 01:15:51,608 --> 01:15:54,108 A jade lọ ni ipari ose kan|lati wo... 1293 01:15:54,209 --> 01:15:56,008 ohun ti ile wà fun sale. 1294 01:15:56,609 --> 01:15:57,898 A ri ọkan ti a nifẹ. 1295 01:15:58,710 --> 01:16:01,709 Owo sisan naa yoo jẹ 3200 dola. 1296 01:16:13,210 --> 01:16:15,909 Ohun gbogbo dara, ile naa lẹwa pupọ. 1297 01:16:16,510 --> 01:16:19,509 Awọn sisanwo jẹ kekere. Ohun gbogbo dabi ... a gba lotiri. 1298 01:16:20,210 --> 01:16:22,809 Ṣugbọn awọn otito ṣeto ni nigbati akọkọ owo sisan de. 1299 01:16:28,410 --> 01:16:31,809 Mo ro gan, gan buburu fun oko mi, 1300 01:16:33,910 --> 01:16:39,209 nitori... o ṣiṣẹ pupọ. Ati pe a ni awọn ọmọde mẹta. 1301 01:16:50,000 --> 01:16:51,900 Pupọ julọ ti Mo ti rii laipẹ, laanu, 1302 01:16:51,901 --> 01:16:53,800 ni o wa eniyan ti o kan ti farapa nipasẹ aje. 1303 01:16:53,801 --> 01:16:56,400 Wọn n gbe, o mọ, lojoojumọ, owo sisan si owo-owo, 1304 01:16:56,401 --> 01:16:58,300 ati laanu, ti o ran jade 1305 01:16:58,301 --> 01:17:00,000 Ati pe alainiṣẹ kii yoo sanwo owo ile... 1306 01:17:00,001 --> 01:17:02,000 kii yoo san owo ọkọ ayọkẹlẹ kan. 1307 01:17:02,001 --> 01:17:04,000 Mo jẹ awakọ ọkọ ayọkẹlẹ log-oko. 1308 01:17:04,001 --> 01:17:06,000 Ati pe wọn ti pa, wọn ti pa... 1309 01:17:06,001 --> 01:17:07,600 gbogbo awọn eto gedu soke nibẹ ... 1310 01:17:07,601 --> 01:17:09,000 pa awọn sawmills ati ohun gbogbo. 1311 01:17:09,001 --> 01:17:11,800 Nitorina ni mo gbe lọ si ibi, Mo ní a ikole ise. 1312 01:17:11,801 --> 01:17:16,000 Ati awọn iṣẹ ikole ti wa ni pipade ju bẹ... awọn nkan le pupọ… 1313 01:17:16,001 --> 01:17:18,000 Ọpọlọpọ eniyan wa nibẹ, ati lẹwa laipe... 1314 01:17:18,001 --> 01:17:20,000 iwọ yoo rii diẹ ago bi yi ni ayika 1315 01:17:20,001 --> 01:17:21,001 nitori pe ko si awọn iṣẹ ni bayi. 1316 01:17:28,001 --> 01:17:30,500 Nigbati ile-iṣẹ naa ṣe daradara, 1317 01:17:30,501 --> 01:17:33,300 a ṣe daradara 1318 01:17:33,301 --> 01:17:35,600 nigbati ile-iṣẹ ko ṣe daradara, sir, 1319 01:17:35,601 --> 01:17:37,000 a ko ṣe daradara. 1320 01:17:37,001 --> 01:17:39,500 Awọn ọkunrin ti o run awọn ile-iṣẹ ti ara wọn ... 1321 01:17:39,501 --> 01:17:41,600 ti o si fi aye sinu wahala... 1322 01:17:41,601 --> 01:17:45,000 rin kuro ninu iparun pẹlu wọn fortunes mule. 1323 01:17:45,001 --> 01:17:47,500 Awọn alaṣẹ marun ti o ga julọ ni Lehman Brothers... 1324 01:17:47,501 --> 01:17:52,000 ṣe lori a bilionu owo dola laarin 2000 ati 2007... 1325 01:17:52,001 --> 01:17:53,800 ati nigbati ile-iṣẹ naa ti bajẹ ... 1326 01:17:53,801 --> 01:17:55,500 wọn ni lati tọju gbogbo owo naa. 1327 01:17:55,501 --> 01:17:57,500 Eto naa ṣiṣẹ. 1328 01:17:57,501 --> 01:17:59,300 Ko ṣe oye kankan fun wa lati ṣe awin ti yoo kuna, 1329 01:17:59,301 --> 01:18:01,500 'tori a padanu. Wọn padanu 1330 01:18:01,501 --> 01:18:04,500 onigbese padanu, awujo npadanu, ati awọn ti a padanu. 1331 01:18:04,501 --> 01:18:06,800 Alakoso gbogbo orilẹ-ede Angelo Mozilo… 1332 01:18:06,801 --> 01:18:12,000 ṣe 470 milionu dọla laarin 2003 ati 2008. 1333 01:18:12,001 --> 01:18:13,500 Ogoji million... 1334 01:18:13,501 --> 01:18:15,700 wa lati idalenu re Ọja jakejado orilẹ-ede... 1335 01:18:15,701 --> 01:18:18,600 ninu awọn 12 osu ṣaaju ki ile-iṣẹ naa ṣubu. 1336 01:18:18,601 --> 01:18:21,600 Nikẹhin, Mo ṣe idajọ igbimọ naa nigbati iṣowo ba kuna. 1337 01:18:21,601 --> 01:18:24,000 'Tori awọn ọkọ jẹ lodidi fun igbanisise ati fifo CEO ... 1338 01:18:24,001 --> 01:18:26,500 ati abojuto awọn ipinnu ilana nla. 1339 01:18:26,501 --> 01:18:28,300 Awọn isoro pẹlu ọkọ tiwqn ni Amẹrika... 1340 01:18:28,301 --> 01:18:30,000 ni ọna ti a yan awọn igbimọ. 1341 01:18:30,001 --> 01:18:31,600 Awọn igbimọ jẹ lẹwa pupọ, ni ọpọlọpọ igba, 1342 01:18:31,601 --> 01:18:33,500 ti gbe nipasẹ CEO. 1343 01:18:33,501 --> 01:18:36,000 Igbimọ awọn oludari ati awọn igbimọ ẹsan ... 1344 01:18:36,001 --> 01:18:38,500 ni awọn ara meji ti o dara julọ ... 1345 01:18:38,501 --> 01:18:41,500 lati pinnu awọn idii owo sisan, eh... fun awọn alaṣẹ. 1346 01:18:41,501 --> 01:18:44,100 Bawo ni o ṣe ro pe wọn ti ṣe ninu awọn ti o ti kọja 10 years? 1347 01:18:44,101 --> 01:18:46,800 O dara, Mo ro pe, ti o ba wo iyẹn, 1348 01:18:46,801 --> 01:18:49,500 hun, ni, Emi yoo fun nipa a B. Nitori ... 1349 01:18:49,501 --> 01:18:51,000 -A B? - Bẹẹni. 1350 01:18:51,001 --> 01:18:53,000 - Kii ṣe F. - Kii ṣe F, kii ṣe F. 1351 01:18:53,001 --> 01:18:55,700 Stan O'Neal, Alakoso ti Merrill Lynch… 1352 01:18:55,701 --> 01:19:00,000 gba 90 milionu dọla ni 2006 ati 2007 nikan. 1353 01:19:00,001 --> 01:19:02,600 Lẹhin iwakọ rẹ duro sinu ilẹ. 1354 01:19:02,601 --> 01:19:05,500 Merrill Lynch ká igbimọ ti oludari gba o laaye lati kowe... 1355 01:19:05,501 --> 01:19:09,600 o si kó 161 milionu dọla ni severance. 1356 01:19:09,601 --> 01:19:14,000 Dípò kí wọ́n lé wọn lọ́wọ́. Stan O'Neal gba ọ laaye lati fi ipo silẹ… 1357 01:19:14,001 --> 01:19:17,000 o si gba 151 milionu dọla. 1358 01:19:17,001 --> 01:19:20,500 Iyẹn jẹ ipinnu pe igbimọ awọn oludari ti a ṣe ni aaye yẹn. 1359 01:19:20,501 --> 01:19:22,000 Ati ipele wo ni o fun ipinnu yẹn? 1360 01:19:22,001 --> 01:19:23,300 Bẹẹni, iyẹn jẹ ọkan ti o nira julọ. Emi ko mọ 1361 01:19:23,301 --> 01:19:25,000 ti Emi yoo fun ẹni yẹn ni B pẹlu. 1362 01:19:25,001 --> 01:19:27,800 arọpo O'Neal, John Thain, 1363 01:19:27,801 --> 01:19:31,300 ti san 87 milionu dọla ni 2007... 1364 01:19:31,301 --> 01:19:33,500 ati ni Oṣu kejila ọdun 2008, 1365 01:19:33,501 --> 01:19:37,200 osu meji lẹhin Merrill ti gba silẹ nipasẹ awọn asonwoori AMẸRIKA 1366 01:19:37,201 --> 01:19:42,500 Thain ati Merrill ká ọkọ fà jade ẹgbaagbeje ni imoriri. 1367 01:19:42,501 --> 01:19:44,000 Ni Oṣu Kẹta ọdun 2008… 1368 01:19:44,001 --> 01:19:49,000 AIG ká Financial Products Division sọnu 11 bilionu owo dola 1369 01:19:49,001 --> 01:19:53,200 Dipo ki wọn le kuro, Joseph Cassano, olori AIG FP ... 1370 01:19:53,201 --> 01:19:55,500 ti wa ni ipamọ bi alamọran ... 1371 01:19:55,501 --> 01:19:57,300 fun milionu kan dọla osu kan. 1372 01:19:57,301 --> 01:19:59,700 Ati pe o fẹ lati rii daju pe awọn ẹrọ orin bọtini ... 1373 01:19:59,701 --> 01:20:03,500 ati bọtini, awọn oṣiṣẹ pataki, uh... laarin AIG FP ... 1374 01:20:03,501 --> 01:20:05,500 Bẹẹni, a ni idaduro imọ ọgbọn yẹn. 1375 01:20:05,501 --> 01:20:07,600 Mo lọ si igbadun pupọ, hun, ounjẹ alẹ, 1376 01:20:07,601 --> 01:20:11,500 ṣeto nipasẹ Hank Paulson diẹ sii ju ọdun kan sẹhin ... 1377 01:20:11,501 --> 01:20:13,900 pẹlu diẹ ninu awọn ijoye ati tọkọtaya kan, uh... 1378 01:20:13,901 --> 01:20:17,000 Awọn alaṣẹ lati tobi julọ, hun, awọn banki ni U.S. 1379 01:20:17,001 --> 01:20:20,500 Ati, uh... iyalẹnu to, gbogbo awon okunrin yi... 1380 01:20:20,501 --> 01:20:23,000 n jiyan pe a ni ojukokoro pupọ, 1381 01:20:23,001 --> 01:20:26,000 nitorina a ni ojuse apakan. O dara. 1382 01:20:26,001 --> 01:20:29,000 Ati lẹhinna wọn yipada si olutọju iṣura, sí akọ̀wé ìṣúra, 1383 01:20:29,001 --> 01:20:32,000 ati ki o sọ, o yẹ ki o fiofinsi siwaju sii nitori a ni ojukokoro pupọ ... 1384 01:20:32,001 --> 01:20:33,500 a ko le yago fun o. 1385 01:20:33,501 --> 01:20:36,000 Ọna kan ṣoṣo lati yago fun eyi ni lati ni ilana diẹ sii. 1386 01:20:36,001 --> 01:20:38,400 Mo ti sọrọ si ọpọlọpọ awọn banki nipa... 1387 01:20:38,401 --> 01:20:41,000 ibeere yii, pẹlu awọn agbalagba pupọ. 1388 01:20:41,001 --> 01:20:46,000 Ati pe eyi ni igba akọkọ pe Mo ti gbọ ẹnikan ti o sọ… 1389 01:20:46,001 --> 01:20:50,400 pe wọn fẹ ẹsan wọn gangan lati wa ni ofin. 1390 01:20:50,401 --> 01:20:53,100 Bẹẹni, nitori ti o wà ni akoko ti nwọn bẹru. 1391 01:20:53,101 --> 01:20:57,000 Ati lẹhin, nigbati ojutu si aawọ bẹrẹ si han ... 1392 01:20:57,001 --> 01:21:00,000 lẹhinna boya wọn, nwọn yi ọkàn wọn pada. 1393 01:21:02,000 --> 01:21:05,700 Ni AMẸRIKA, awọn banki ti tobi ni bayi, lagbara diẹ sii, 1394 01:21:05,701 --> 01:21:09,000 ati siwaju sii ogidi ju lailai ṣaaju ki o to. 1395 01:21:09,001 --> 01:21:12,500 Awọn oludije diẹ wa, ati ọpọlọpọ awọn banki kekere ... 1396 01:21:12,501 --> 01:21:14,700 ti a ti gba nipasẹ awọn nla. 1397 01:21:14,701 --> 01:21:17,800 JP Morgan loni jẹ paapaa tobi ju ti o ti wà tẹlẹ. 1398 01:21:17,801 --> 01:21:21,800 JP Morgan gba akọkọ Bear Stearns ati lẹhinna WAMU. 1399 01:21:21,801 --> 01:21:25,800 Bank of America gba lori Ni gbogbo orilẹ-ede ati Merrill Lynch. 1400 01:21:25,801 --> 01:21:28,500 Wells Fargo gba Wachovia. 1401 01:21:28,501 --> 01:21:31,000 Lẹhin idaamu naa, ile ise owo... 1402 01:21:31,001 --> 01:21:33,800 pẹlu awọn Owo Roundtable Services... 1403 01:21:33,801 --> 01:21:36,800 sise le ju lailai lati ja atunṣe. 1404 01:21:36,801 --> 01:21:40,000 o owo eka employs 3,000 lobbyists... 1405 01:21:40,001 --> 01:21:43,000 diẹ ẹ sii ju marun fun kọọkan egbe ti Congress. 1406 01:21:43,001 --> 01:21:46,200 Ṣe o ro ile-iṣẹ iṣẹ owo ... 1407 01:21:46,201 --> 01:21:48,800 ni o ni nmu oselu ipa ni Orilẹ Amẹrika? 1408 01:21:48,801 --> 01:21:52,900 Rara. Mo ro pe gbogbo eniyan ni, ninu wo... 1409 01:21:52,901 --> 01:21:55,500 ni orilẹ-ede ti wa ni ipoduduro nibi ni Washington. 1410 01:21:55,501 --> 01:21:59,000 Ati pe o ro pe gbogbo awọn apakan ti awujọ Amẹrika ... 1411 01:21:59,001 --> 01:22:03,000 ni dogba ati itẹ wiwọle si awọn eto? 1412 01:22:03,001 --> 01:22:05,400 Sibẹsibẹ, o le rin sinu eyikeyi yara igbọran, uh... 1413 01:22:05,401 --> 01:22:08,000 ti o fẹ. Bẹẹni mo ni. 1414 01:22:08,001 --> 01:22:09,900 Um... ọkan le rin sinu eyikeyi yara igbọran ... 1415 01:22:09,901 --> 01:22:12,900 ọkan ko le dandan kọ iru awọn sọwedowo iparowa... 1416 01:22:12,901 --> 01:22:14,000 ti ile-iṣẹ rẹ kọ… 1417 01:22:14,001 --> 01:22:17,000 tabi olukoni ni ipele ti awọn ilowosi oselu... 1418 01:22:17,001 --> 01:22:18,501 ti ile-iṣẹ rẹ ṣe alabapin ninu. 1419 01:22:18,502 --> 01:22:21,500 Laarin 1998 ati 2008... 1420 01:22:21,501 --> 01:22:24,600 awọn owo ile ise ti lo ju 5 bilionu owo dola Amerika ... 1421 01:22:24,601 --> 01:22:27,300 lori iparowa ati ipolongo oníṣe. 1422 01:22:27,301 --> 01:22:31,500 Ati lati igba aawọ naa, ti won n na ani diẹ owo. 1423 01:22:32,000 --> 01:22:34,400 Awọn owo ile ise tun ṣe ipa rẹ... 1424 01:22:34,401 --> 01:22:36,300 ni ọna arekereke diẹ sii… 1425 01:22:36,301 --> 01:22:39,000 ọkan ti o julọ America ko mọ nipa. 1426 01:22:40,000 --> 01:22:43,100 O ti ba iwadi jẹ ti ọrọ-aje funrararẹ. 1427 01:22:43,101 --> 01:22:50,300 Ibajẹ ni owo pupọ ati atilẹyin ọgbọn. 1428 01:22:50,301 --> 01:22:55,000 Nitori, uh, uh... eniyan jiyan o fun anfani ti ara wọn. 1429 01:22:55,001 --> 01:23:00,000 Aje oojo wà orisun akọkọ ti iruju yẹn. 1430 01:23:00,001 --> 01:23:04,000 Lati awọn ọdun 1980, awọn onimọ-ọrọ eto-ọrọ… 1431 01:23:04,001 --> 01:23:05,800 ti jẹ awọn onigbawi pataki ti idinku, 1432 01:23:05,801 --> 01:23:09,800 o si ṣe awọn ipa ti o lagbara ni sisọ Ilana ijọba AMẸRIKA. 1433 01:23:09,801 --> 01:23:13,800 Pupọ diẹ ninu awọn amoye ọrọ-aje wọnyi kilo nipa aawọ. 1434 01:23:13,801 --> 01:23:15,500 Ati paapaa lẹhin aawọ, 1435 01:23:15,501 --> 01:23:18,000 ọpọlọpọ ninu wọn lodi si atunṣe. 1436 01:23:18,001 --> 01:23:20,500 Awọn enia buruku ti o kọ nkan wọnyi 1437 01:23:20,501 --> 01:23:24,900 nifẹ lati gba owo pupọ owo jije alamọran. 1438 01:23:24,901 --> 01:23:30,000 Awọn ọjọgbọn ile-iwe iṣowo ma ko gbe lori kan Oluko ekunwo. 1439 01:23:30,001 --> 01:23:33,000 Wọn ṣe pupọ, daradara pupọ. 1440 01:23:33,001 --> 01:23:36,000 Ni ọdun mẹwa sẹhin, ile-iṣẹ iṣẹ owo ... 1441 01:23:36,001 --> 01:23:39,100 ti ṣe nipa 5 bilionu owo dola... 1442 01:23:39,101 --> 01:23:43,000 oselu oníṣe ni Orilẹ Amẹrika. 1443 01:23:43,001 --> 01:23:45,000 Iyẹn ni iru owo pupọ. 1444 01:23:45,001 --> 01:23:48,600 Iyẹn ko yọ ọ lẹnu? 1445 01:23:48,601 --> 01:23:50,000 Rara. 1446 01:23:50,001 --> 01:23:52,200 Martin Feldstein jẹ olukọ ọjọgbọn ni Harvard, 1447 01:23:52,201 --> 01:23:55,000 ati ọkan ninu awọn aye julọ ​​oguna-okowo. 1448 01:23:55,001 --> 01:23:57,700 Gẹgẹbi Alakoso Reagan olori oludamoran oro aje, 1449 01:23:57,701 --> 01:24:00,600 o je kan pataki ayaworan ti deregulation. 1450 01:24:00,601 --> 01:24:04,000 Ati lati ọdun 1988 titi di ọdun 2009. 1451 01:24:04,001 --> 01:24:09,500 o wa lori igbimọ awọn oludari ti mejeeji AIG ati Awọn ọja Iṣowo AIG, 1452 01:24:09,501 --> 01:24:11,600 ti o san a milionu dọla. 1453 01:24:11,601 --> 01:24:15,500 O ni eyikeyi kabamọ nipa a ti wa lori AIG ká ọkọ? 1454 01:24:15,501 --> 01:24:17,100 Mo ni ko si comments. Rara, Emi ko kabamo... 1455 01:24:17,101 --> 01:24:18,600 nipa jije lori AIG ká ọkọ. 1456 01:24:18,601 --> 01:24:20,500 - Kò. - Ju Mo le sọ, rara rara. 1457 01:24:20,701 --> 01:24:22,001 Kò sí rárá. 1458 01:24:22,301 --> 01:24:25,000 O dara. Um... 1459 01:24:26,001 --> 01:24:31,000 O ni eyikeyi kabamọ nipa, uh... Awọn ipinnu AIG? 1460 01:24:31,001 --> 01:24:33,800 Emi ko le sọ ohunkohun siwaju sii nipa AIG. 1461 01:24:33,801 --> 01:24:38,800 Mo ti kọ ni Northwestern ati Chicago, Harvard ati Columbia. 1462 01:24:38,801 --> 01:24:41,600 Glenn Hubbard ni agba Ile-iwe Iṣowo Columbia… 1463 01:24:41,601 --> 01:24:44,200 o si jẹ alaga ti awọn Igbimọ ti Awọn oludamọran Iṣowo ... 1464 01:24:44,201 --> 01:24:46,300 labẹ George W. Bush. 1465 01:24:46,301 --> 01:24:48,000 Ṣe o ro awọn owo iṣẹ ile ise 1466 01:24:48,001 --> 01:24:52,000 ni o ni ju, uh... oselu agbara ni Orilẹ Amẹrika? 1467 01:24:53,500 --> 01:24:55,000 Emi ko ro bẹ, rara. Dajudaju iwọ, 1468 01:24:55,001 --> 01:24:57,000 dajudaju iwọ kii yoo gba iwo yen... 1469 01:24:57,001 --> 01:25:01,000 nipasẹ gbigbo ti wọn gba nigbagbogbo, eh... ni Washington. 1470 01:25:01,001 --> 01:25:03,800 Ọpọlọpọ awọn olokiki omowe laiparuwo ṣe Fortune... 1471 01:25:03,801 --> 01:25:06,700 nigba ti ran awọn owo ile ise ṣe agbekalẹ ijiroro gbangba… 1472 01:25:06,701 --> 01:25:08,500 ati ijoba imulo. 1473 01:25:08,501 --> 01:25:10,200 Ẹgbẹ Analysis, 1474 01:25:10,201 --> 01:25:12,000 Charles River Associates, 1475 01:25:12,001 --> 01:25:14,400 Kompasi Lexecon, 1476 01:25:14,401 --> 01:25:16,000 ati Ofin ati Economics Consulting Group... 1477 01:25:16,001 --> 01:25:18,400 ṣakoso ile-iṣẹ biliọnu-dola kan… 1478 01:25:18,401 --> 01:25:21,900 ti o pese awọn amoye ẹkọ fun ọya. 1479 01:25:21,901 --> 01:25:25,000 Awọn oṣiṣẹ banki meji ti o lo awọn iṣẹ wọnyi jẹ Ralph Ciofi... 1480 01:25:25,001 --> 01:25:27,200 ati Matthew Tannin, 1481 01:25:27,201 --> 01:25:31,500 Bear Stearns hejii inawo alakoso prosecuted fun sikioriti jegudujera. 1482 01:25:31,501 --> 01:25:33,500 Lẹhin igbanisise Ẹgbẹ Analysis, 1483 01:25:33,501 --> 01:25:35,000 Awon mejeeji ni won da. 1484 01:25:35,001 --> 01:25:37,500 Glenn Hubbard ti san 100,000 dọla... 1485 01:25:37,501 --> 01:25:40,000 lati jẹri ni idaabobo wọn. 1486 01:25:40,700 --> 01:25:44,700 Ṣe o ro pe awọn ibawi eto-ọrọ ni, uh... 1487 01:25:44,701 --> 01:25:47,000 a rogbodiyan ti awọn anfani isoro? 1488 01:25:47,500 --> 01:25:49,100 Emi ko da mi loju pe mo mọ ohun ti o tumọ si. 1489 01:25:49,101 --> 01:25:52,700 Ṣe o ro wipe a significant ida ti ẹkọ eto-ọrọ, 1490 01:25:52,701 --> 01:25:56,100 ọpọlọpọ awọn onimọ-ọrọ-ọrọ, ni awọn ija owo ti awọn anfani… 1491 01:25:56,101 --> 01:25:59,600 pe ni diẹ ninu awọn ọna le pe sinu ibeere tabi awọ. 1492 01:25:59,601 --> 01:26:01,000 Oh, Mo rii ohun ti o n sọ. Nko ro be e. 1493 01:26:01,001 --> 01:26:04,000 O mọ, pupọ julọ awọn onimọ-ọrọ eto-ọrọ, eh... o mọ, 1494 01:26:04,001 --> 01:26:07,000 kii ṣe eniyan oniṣowo ọlọrọ. 1495 01:26:07,001 --> 01:26:09,500 Hubbard ṣe 250,000 dọla ni ọdun kan… 1496 01:26:09,501 --> 01:26:11,300 gẹgẹbi ọmọ ẹgbẹ igbimọ ti Met Life ... 1497 01:26:11,301 --> 01:26:13,700 ati pe o wa tẹlẹ lori igbimọ Capmark, 1498 01:26:13,701 --> 01:26:16,300 ayanilowo yá owo pataki nigba ti nkuta, 1499 01:26:16,301 --> 01:26:19,000 eyi ti o lọ silẹ ni ọdun 2009. 1500 01:26:19,001 --> 01:26:21,500 O tun ti ni imọran Nomura Securities, 1501 01:26:21,501 --> 01:26:23,500 Ile-iṣẹ KKR Financial Corporation 1502 01:26:23,501 --> 01:26:26,500 ati ọpọlọpọ awọn miiran owo ile ise. 1503 01:26:27,300 --> 01:26:30,400 Laura Tyson, ti o kọ lati ṣe ifọrọwanilẹnuwo fun fiimu yii, 1504 01:26:30,401 --> 01:26:34,300 jẹ ọjọgbọn ni University California, Berkeley. 1505 01:26:34,301 --> 01:26:37,200 O je alaga ti awọn Igbimọ ti Awọn onimọran Iṣowo, 1506 01:26:37,201 --> 01:26:39,500 ati ki o si director ti awọn Igbimọ Aje ti Orilẹ-ede... 1507 01:26:39,501 --> 01:26:41,600 ni Clinton isakoso. 1508 01:26:41,601 --> 01:26:43,600 Laipẹ lẹhin ti o kuro ni ijọba, 1509 01:26:43,601 --> 01:26:45,600 o darapọ mọ igbimọ naa ti Morgan Stanley... 1510 01:26:45,601 --> 01:26:49,000 ti o san 350,000 dọla fun ọdun kan. 1511 01:26:49,001 --> 01:26:52,000 Ruth Simmons, Aare ile-ẹkọ giga Brown, 1512 01:26:52,001 --> 01:26:54,500 Ṣe diẹ sii ju 300,000 dọla ni ọdun kan… 1513 01:26:54,501 --> 01:26:56,800 lori igbimọ ti Goldman Sachs. 1514 01:26:56,801 --> 01:26:59,500 Larry Summers, ẹniti o jẹ akọwe Iṣura… 1515 01:26:59,501 --> 01:27:02,500 dun a lominu ni ipa ninu awọn ifagile awọn itọsẹ… 1516 01:27:02,501 --> 01:27:06,000 di Aare Harvard ni ọdun 2001. 1517 01:27:06,001 --> 01:27:09,300 Lakoko ti o wa ni Harvard, o ṣe awọn miliọnu ijumọsọrọ si awọn owo hejii ... 1518 01:27:09,301 --> 01:27:11,800 ati awọn miliọnu diẹ sii ni awọn idiyele sisọ, 1519 01:27:11,801 --> 01:27:15,000 Elo ti o lati idoko bèbe. 1520 01:27:17,000 --> 01:27:19,000 Gẹgẹbi ijabọ ifitonileti Federal rẹ, 1521 01:27:19,001 --> 01:27:26,000 Summers ká net iye ni laarin 16,5 milionu ati 39,5 milionu dọla. 1522 01:27:26,001 --> 01:27:28,700 Frederic Mishkin, ti o pada si Ile-iwe Iṣowo Columbia… 1523 01:27:28,701 --> 01:27:30,700 lẹhin ti o kuro ni Federal Reserve, 1524 01:27:30,701 --> 01:27:33,400 royin lori ijabọ ifihan ti ijọba rẹ… 1525 01:27:33,401 --> 01:27:38,000 wipe rẹ net iye wà laarin 6 million ati 17 milionu dọla. 1526 01:27:38,001 --> 01:27:40,700 Ni ọdun 2006, o kọ ẹkọ kan… 1527 01:27:40,701 --> 01:27:42,900 - ti Iceland ká owo eto. - Ọtun, ọtun. 1528 01:27:42,901 --> 01:27:46,200 Iceland tun jẹ orilẹ-ede to ti ni ilọsiwaju pẹlu awọn ile-iṣẹ giga, 1529 01:27:46,201 --> 01:27:48,400 kekere ibaje, ofin. 1530 01:27:48,401 --> 01:27:51,400 Aje ti ṣatunṣe tẹlẹ si ominira owo... 1531 01:27:51,401 --> 01:27:55,500 nigba ti oye ilana ati abojuto ni gbogbo oyimbo lagbara. 1532 01:27:55,501 --> 01:27:59,000 Bẹẹni. Ati pe iyẹn ni aṣiṣe naa. Wipe o wa ni pe, uh... 1533 01:27:59,001 --> 01:28:02,300 wipe ilana ti oye ati abojuto ko lagbara ni Iceland. 1534 01:28:02,301 --> 01:28:05,300 - Ati paapaa ni akoko yii ... - Nitorina kini o mu ki o ro pe o jẹ? 1535 01:28:05,301 --> 01:28:07,800 Mo ro pe, uh... o nlo pẹlu alaye ti o ni ati ... 1536 01:28:07,801 --> 01:28:11,700 ati ni gbogbogbo, uh... iwo naa ni pe, pe, uh... 1537 01:28:11,701 --> 01:28:15,200 fila Iceland ni awọn ile-iṣẹ ti o dara pupọ. O jẹ orilẹ-ede to ti ni ilọsiwaju pupọ. 1538 01:28:15,201 --> 01:28:18,000 Tani o sọ fun ọ pe? Tani o ṣe, iru iwadi wo ni o ṣe? 1539 01:28:18,001 --> 01:28:21,000 Iwọ, o ba eniyan sọrọ, o ni igbagbọ ni, ni, eh Central Bank... 1540 01:28:21,001 --> 01:28:22,800 eyi ti kosi ṣubu lulẹ lori ise. 1541 01:28:22,801 --> 01:28:26,000 Ah... pe, ah... kedere, o, eyi, uh... 1542 01:28:26,001 --> 01:28:28,000 Kini idi ti o fi ni "igbagbọ" ni banki aringbungbun kan? 1543 01:28:28,001 --> 01:28:31,000 O dara, igbagbọ yẹn, iwọ, ya, d-, nitori o ni, 1544 01:28:31,001 --> 01:28:32,000 lọ pẹlu alaye ti o ni. 1545 01:28:32,001 --> 01:28:33,700 Um... Elo ni o san lati kọ ọ? 1546 01:28:33,701 --> 01:28:36,300 Mo ti sanwo, uh... Mo ro pe nọmba naa jẹ, eh... 1547 01:28:36,301 --> 01:28:37,500 alaye gbangba ni. 1548 01:28:45,001 --> 01:28:48,400 Uh... lori CV rẹ, akọle naa Iroyin yii ti yipada... 1549 01:28:48,401 --> 01:28:52,500 lati "Iduroṣinṣin Owo ni Iceland" si "Aisedeede owo ni Iceland". 1550 01:28:52,501 --> 01:28:54,800 Oh. O dara, Emi ko mọ, boya, eyiti... ohunkohun ti o jẹ, ni, awọn, uh... 1551 01:28:54,801 --> 01:28:57,400 nkan... ti o ba jẹ typo, nibẹ ni a typo. 1552 01:28:57,401 --> 01:28:59,000 Mo ro pe kini o yẹ ki o jẹ wa ni gbangba ni... 1553 01:28:59,001 --> 01:29:02,000 nigbakugba ti enikeni ba se iwadi lori koko kan... 1554 01:29:02,001 --> 01:29:06,800 wọn ṣafihan ti wọn ba ni eyikeyi rogbodiyan owo pẹlu iwadi yẹn. 1555 01:29:06,801 --> 01:29:11,000 Ṣugbọn ti MO ba ranti, ko si eto imulo ti o. 1556 01:29:11,001 --> 01:29:14,700 Nko le ro enikeni ko ṣe bẹ... 1557 01:29:14,701 --> 01:29:16,500 ni awọn ofin ti fifi o sinu iwe kan. 1558 01:29:16,501 --> 01:29:19,100 Ti o ba fẹ, yoo wa ijẹniniya ọjọgbọn pataki… 1559 01:29:19,101 --> 01:29:20,301 fun ikuna lati ṣe bẹ. 1560 01:29:20,501 --> 01:29:22,800 Nko ri ibi kankan ninu iwadi nibiti... 1561 01:29:22,801 --> 01:29:26,000 o fihan pe o ti sanwo, eh... 1562 01:29:26,001 --> 01:29:28,400 nipasẹ awọn Icelandic Chamber of Commerce lati gbe e. 1563 01:29:28,401 --> 01:29:31,500 - Bẹẹkọ, I - O dara. 1564 01:29:31,501 --> 01:29:35,300 Richard Portes, olokiki julọ onimọ-ọrọ-ọrọ ni Ilu Gẹẹsi… 1565 01:29:35,301 --> 01:29:37,700 ati ojogbon ni Ile-iwe Iṣowo London ... 1566 01:29:37,701 --> 01:29:42,000 ti a tun fifun nipasẹ awọn Icelandic Ile-iṣẹ Iṣowo ni ọdun 2007… 1567 01:29:42,001 --> 01:29:46,000 lati kọ iroyin kan ti o yìn eka owo Icelandic. 1568 01:29:46,001 --> 01:29:48,700 Awọn ile-ifowopamọ funrararẹ jẹ omi ti o ga julọ. 1569 01:29:48,701 --> 01:29:51,600 Wọn ti ṣe gangan owo lori isubu ti Iceland krona. 1570 01:29:51,601 --> 01:29:53,500 Iwọnyi jẹ awọn banki ti o lagbara, igbeowosile wọn, 1571 01:29:53,501 --> 01:29:56,200 owo oja wọn ni idaniloju fun odun to nbo. 1572 01:29:56,201 --> 01:29:57,700 Awọn wọnyi ni awọn banki ti o ṣiṣẹ daradara. 1573 01:29:57,701 --> 01:29:58,701 Richard, o ṣeun pupọ. 1574 01:29:58,702 --> 01:30:00,800 Bii Mishkin, ijabọ Portes… 1575 01:30:00,801 --> 01:30:04,700 ko ṣe afihan owo sisan rẹ lati Ile-iṣẹ Iṣowo Icelandic. 1576 01:30:04,701 --> 01:30:06,500 Ṣe Harvard nilo awọn ifihan 1577 01:30:06,501 --> 01:30:09,200 ti owo rogbodiyan ti awọn anfani ninu awọn atẹjade? 1578 01:30:09,201 --> 01:30:12,000 Uh, kii ṣe si imọ mi. 1579 01:30:12,001 --> 01:30:15,000 Ṣe o nilo eniyan lati jabo biinu... 1580 01:30:15,001 --> 01:30:18,000 ti won ti gba lati ita akitiyan? - Bẹẹkọ 1581 01:30:18,001 --> 01:30:20,001 Ṣe o ko ro pe iṣoro niyẹn? 1582 01:30:20,002 --> 01:30:21,500 Nko ri idi. 1583 01:30:21,600 --> 01:30:24,200 Martin Feldstein wa lori igbimọ AIG 1584 01:30:24,201 --> 01:30:26,600 Laura Tyson lọ lori ọkọ ti Morgan Stanley, ah... 1585 01:30:26,601 --> 01:30:28,500 Larry Summer ká sise 10 milionu dọla ni ọdun kan ... 1586 01:30:28,501 --> 01:30:29,901 ijumọsọrọ si awọn ile-iṣẹ iṣẹ inawo ... 1587 01:30:31,001 --> 01:30:32,001 Ko ṣe pataki. 1588 01:30:33,100 --> 01:30:36,000 O dara, uh... Bẹẹni, besikale ko ṣe pataki. 1589 01:30:36,001 --> 01:30:38,400 O ti kọ nọmba ti o tobi pupọ ti awọn nkan... 1590 01:30:38,401 --> 01:30:40,800 nipa kan gan jakejado orun ti wonyen. 1591 01:30:40,801 --> 01:30:44,500 O ko ri yẹ lati ṣe iwadii awọn ewu ... 1592 01:30:44,501 --> 01:30:47,200 ti awọn swaps aiyipada gbese ti ko ni ofin? 1593 01:30:47,201 --> 01:30:49,600 Emi ko ṣe rara. 1594 01:30:49,601 --> 01:30:53,000 Kanna ibeere pẹlu iyi si biinu executive... 1595 01:30:53,001 --> 01:30:55,400 Ilana ti iṣakoso ile-iṣẹ ... 1596 01:30:55,401 --> 01:30:58,500 - ipa ti awọn ilowosi oloselu… - Kini, uh...kini, uh...w... 1597 01:30:58,501 --> 01:31:00,000 Emi ko mọ pe Emi yoo ni ohunkohun ... 1598 01:31:00,001 --> 01:31:02,600 lati fi kun si awon awọn ijiroro. 1599 01:31:02,601 --> 01:31:05,000 Mo n wo ibẹrẹ rẹ ni bayi. 1600 01:31:05,001 --> 01:31:07,000 O wulẹ si mi bi ẹnipe ọpọlọpọ ... 1601 01:31:07,001 --> 01:31:11,000 ti awọn iṣẹ ita rẹ jẹ, uh... 1602 01:31:11,001 --> 01:31:12,001 ijumọsọrọ ati oludari eto pelu... 1603 01:31:12,002 --> 01:31:15,000 awọn owo iṣẹ ile ise. 1604 01:31:15,001 --> 01:31:17,000 Ṣe iyẹn, ṣe iwọ ko gba pẹlu ti karakitariasesonu? 1605 01:31:17,001 --> 01:31:18,001 Rara, si imọ mi, 1606 01:31:18,002 --> 01:31:21,600 Emi ko ro pe mi consulting ibara paapaa wa lori CV mi, nitorinaa… 1607 01:31:21,601 --> 01:31:24,000 Uh... ta ni awọn onibara ijumọsọrọpọ rẹ? 1608 01:31:24,001 --> 01:31:26,000 Nko gbagbo Mo ni lati jiroro iyẹn pẹlu rẹ. 1609 01:31:26,001 --> 01:31:28,000 O dara. 1610 01:31:28,001 --> 01:31:32,000 Wo, o ni iṣẹju diẹ diẹ sii, ati ifọrọwanilẹnuwo ti pari. 1611 01:31:32,001 --> 01:31:34,500 Ṣe o kan si alagbawo fun eyikeyi owo awọn iṣẹ ile ise? 1612 01:31:34,501 --> 01:31:37,000 Uh... idahun ni, Mo ṣe. 1613 01:31:37,001 --> 01:31:38,600 - Ati... - Ati, ṣugbọn Mo ṣe ... 1614 01:31:38,601 --> 01:31:41,000 Emi ko fẹ lati lọ sinu awọn alaye nipa iyẹn. 1615 01:31:41,001 --> 01:31:42,401 Ṣe wọn pẹlu awọn ile-iṣẹ iṣẹ inawo miiran? 1616 01:31:43,002 --> 01:31:44,600 O ṣee ṣe. 1617 01:31:45,101 --> 01:31:47,000 O ko ranti? 1618 01:31:47,001 --> 01:31:48,700 Eyi kii ṣe ifisilẹ, sir. 1619 01:31:48,701 --> 01:31:52,000 Mo jẹ ọlọla to lati fun ọ ni akoko, wère, Mo ti ri bayi. 1620 01:31:52,001 --> 01:31:54,300 Ṣugbọn o ni iṣẹju mẹta si i. 1621 01:31:54,301 --> 01:31:56,000 Fun rẹ ti o dara ju shot. 1622 01:31:56,001 --> 01:31:59,200 Ni ọdun 2004, ni giga ti o ti nkuta, 1623 01:31:59,201 --> 01:32:03,000 Glenn Hubbard kọ iwe-aṣẹ ni ibigbogbo ka iwe pẹlu William C. Dudley 1624 01:32:03,001 --> 01:32:06,000 awọn olori-okowo ti Goldman Sachs. 1625 01:32:06,001 --> 01:32:09,000 Ninu iwe naa, Hubbard yìn awọn itọsẹ gbese... 1626 01:32:09,001 --> 01:32:11,000 ati pq ipamọ... 1627 01:32:11,001 --> 01:32:13,400 ti o sọ pe wọn ti dara si ipin ti olu, 1628 01:32:13,401 --> 01:32:16,200 ati pe wọn n mu iduroṣinṣin owo pọ si. 1629 01:32:16,201 --> 01:32:18,600 O mẹnuba ailagbara ti o dinku ninu oro aje... 1630 01:32:18,601 --> 01:32:20,600 o si sọ pe awọn ipadasẹhin ... 1631 01:32:20,601 --> 01:32:23,900 ti di kere loorekoore ati milder. 1632 01:32:23,901 --> 01:32:26,800 Awọn itọsẹ gbese n daabobo awọn banki lodi si awọn adanu… 1633 01:32:26,801 --> 01:32:30,000 ati iranlọwọ lati pinpin eewu. 1634 01:32:30,500 --> 01:32:34,300 Oniwadi iṣoogun kan o kọ nkan kan, o sọ pe: 1635 01:32:34,301 --> 01:32:39,000 lati ṣe itọju arun yii, o yẹ ki o fun oogun yii. 1636 01:32:39,001 --> 01:32:41,001 O wa ni pe Dokita ṣe 80% ti ... 1637 01:32:41,002 --> 01:32:44,300 owo oya ti ara ẹni lati olupese ti yi oògùn. 1638 01:32:44,301 --> 01:32:46,000 Ko ṣe wahala rẹ. 1639 01:32:46,001 --> 01:32:49,000 Mo ro pe, eh... dajudaju o ṣe pataki lati ṣafihan ... 1640 01:32:49,001 --> 01:32:54,400 na, um... na, um... 1641 01:32:55,301 --> 01:32:58,700 O dara, Mo ro pe iyẹn tun diẹ yatọ si awọn ọran ... 1642 01:32:58,701 --> 01:33:06,000 ti a ti sọrọ nipa nibi. Nitori, um...um... 1643 01:33:17,001 --> 01:33:21,700 Nitorina, hun, kini o ro pe eyi sọ nipa ibawi eto-ọrọ? 1644 01:33:21,701 --> 01:33:26,000 O dara, heh heh, ko ni ibaramu si ohunkohun, gan. 1645 01:33:26,001 --> 01:33:31,000 Ati nitootọ, Mo ro pe, um... o jẹ apakan ti, o jẹ kan ... 1646 01:33:31,001 --> 01:33:34,000 apakan pataki ti iṣoro naa 1647 01:33:34,001 --> 01:33:38,700 IPIN V: NIBI A WA NIYI 1648 01:33:49,000 --> 01:33:51,300 Agbara ti nyara ti eka owo AMẸRIKA… 1649 01:33:51,301 --> 01:33:55,000 jẹ apakan ti iyipada nla ni Amẹrika. 1650 01:33:55,001 --> 01:33:58,000 Lati awọn ọdun 1980, Amẹrika ti di... 1651 01:33:58,001 --> 01:34:00,600 awujọ ti ko dogba diẹ sii, 1652 01:34:00,601 --> 01:34:04,000 ati awọn oniwe-aje kẹwa si ti kọ. 1653 01:34:04,001 --> 01:34:08,500 Awọn ile-iṣẹ bii General Motors, Chrysler, ati irin AMẸRIKA ... 1654 01:34:08,501 --> 01:34:12,700 tẹlẹ mojuto ti eto-ọrọ AMẸRIKA… ti ko dara isakoso... 1655 01:34:12,701 --> 01:34:16,000 ati ja bo sile wọn ajeji oludije. 1656 01:34:16,001 --> 01:34:19,900 Ati bi awọn orilẹ-ede bi China ṣii ọrọ-aje wọn, 1657 01:34:19,901 --> 01:34:25,000 Awọn ile-iṣẹ Amẹrika fi awọn iṣẹ ranṣẹ si okeere lati fi owo pamọ. 1658 01:34:26,000 --> 01:34:27,600 Fun ọpọlọpọ, ọpọlọpọ ọdun, 1659 01:34:27,601 --> 01:34:30,300 660 milionu eniyan ni agbaye to ti ni idagbasoke... 1660 01:34:30,301 --> 01:34:31,900 won fe ni aabo... 1661 01:34:31,901 --> 01:34:34,100 lati gbogbo iṣẹ afikun yii ... 1662 01:34:34,101 --> 01:34:35,600 ti o wa lori aye. 1663 01:34:35,601 --> 01:34:39,000 Lojiji, Aṣọ oparun ati Aṣọ Irin ti a gbe soke ... 1664 01:34:39,001 --> 01:34:43,000 ati awọn ti o ni 2,5 bilionu afikun eniyan. 1665 01:34:43,001 --> 01:34:44,200 American factory osise 1666 01:34:44,201 --> 01:34:47,000 ni a fi silẹ nipasẹ awọn mewa ti egbegberun. 1667 01:34:47,001 --> 01:34:49,600 Ipilẹ iṣelọpọ wa ti bajẹ, 1668 01:34:49,601 --> 01:34:51,500 gangan lori papa ti a ọdun diẹ. 1669 01:34:51,501 --> 01:34:55,400 Bi iṣelọpọ ti dinku, miiran ise dide. 1670 01:34:55,401 --> 01:34:58,800 Orilẹ Amẹrika ni asiwaju agbaye ni imọ-ẹrọ alaye, 1671 01:34:58,801 --> 01:35:02,000 nibiti awọn iṣẹ ti n sanwo ga jẹ rọrun lati wa. 1672 01:35:02,001 --> 01:35:04,700 Ṣugbọn awọn iṣẹ wọnyi nilo eto-ẹkọ. 1673 01:35:04,701 --> 01:35:06,500 Ati fun apapọ Amẹrika, 1674 01:35:06,501 --> 01:35:09,500 kọlẹẹjì ti wa ni increasingly jade ninu arọwọto. 1675 01:35:09,501 --> 01:35:12,800 Lakoko awọn ile-ẹkọ giga aladani giga bi Harvard... 1676 01:35:12,801 --> 01:35:15,300 ni ọkẹ àìmọye dọla ninu ẹbun wọn... 1677 01:35:15,301 --> 01:35:18,400 igbeowosile fun àkọsílẹ egbelegbe n dinku, 1678 01:35:18,401 --> 01:35:20,200 ati owo ileiwe ti wa ni nyara. 1679 01:35:20,201 --> 01:35:23,100 Owo ileiwe fun California ká awọn ile-ẹkọ giga ti gbogbo eniyan ... 1680 01:35:23,101 --> 01:35:26,500 dide lati 650 dọla ni awọn ọdun 1970, 1681 01:35:26,501 --> 01:35:30,500 si ju 10,000 dọla ni ọdun 2010. 1682 01:35:30,700 --> 01:35:33,200 Npọ sii, ipinnu pataki julọ ... 1683 01:35:33,201 --> 01:35:35,000 ti boya America lọ si kọlẹẹjì 1684 01:35:35,001 --> 01:35:38,500 jẹ boya wọn le wa owo naa lati sanwo fun. 1685 01:35:38,501 --> 01:35:41,700 Nibayi, Ilana owo-ori Amẹrika ti yipada ... 1686 01:35:41,701 --> 01:35:43,000 lati ṣe ojurere fun awọn ọlọrọ. 1687 01:35:43,001 --> 01:35:45,800 Nigbati mo kọkọ wa si ọfiisi, 1688 01:35:45,801 --> 01:35:49,000 Mo ro pe owo-ori ti ga ju, nwọn si wà. 1689 01:35:49,001 --> 01:35:52,000 Julọ ìgbésẹ ayipada je kan lẹsẹsẹ ti ori gige... 1690 01:35:52,001 --> 01:35:53,900 apẹrẹ nipasẹ Glenn Hubbard... 1691 01:35:53,901 --> 01:35:55,000 ẹniti o nṣe iranṣẹ nigba naa... 1692 01:35:55,001 --> 01:35:58,500 bi Aare Bush ká olori aje Onimọnran. 1693 01:35:58,501 --> 01:36:02,600 Awọn Bush isakoso ndinku dinku owo-ori lori awọn anfani idoko-owo, 1694 01:36:02,601 --> 01:36:03,800 awọn pinpin ọja, 1695 01:36:03,801 --> 01:36:05,700 o si yọ owo-ori ohun-ini kuro. 1696 01:36:05,701 --> 01:36:08,500 A ni eto pipe… 1697 01:36:08,501 --> 01:36:11,200 pe, nigba ti a ṣe ti osi fere 1.1 aimọye dọla ... 1698 01:36:11,201 --> 01:36:13,900 ni ọwọ Amẹrika osise, idile, afowopaowo, 1699 01:36:13,901 --> 01:36:15,500 ati awọn oniwun iṣowo kekere. 1700 01:36:15,501 --> 01:36:18,000 Pupọ julọ awọn anfani ti awọn wọnyi-ori gige... 1701 01:36:18,001 --> 01:36:22,000 lọ si awọn oloro 1% ti America. 1702 01:36:22,001 --> 01:36:24,500 Ati nipasẹ ọna, Òkúta igun ilé gan-an ni, 1703 01:36:24,501 --> 01:36:27,300 ni ọpọlọpọ awọn ọna, ti wa aje imularada imulo. 1704 01:36:27,301 --> 01:36:30,000 Aidogba ti oro ni Amẹrika... 1705 01:36:30,001 --> 01:36:34,000 ni bayi ga ju ni eyikeyi miiran orilẹ-ede ti o ni idagbasoke. 1706 01:36:34,001 --> 01:36:38,200 Awọn idile Amẹrika dahun Awọn ayipada wọnyi ni awọn ọna meji: 1707 01:36:38,201 --> 01:36:43,000 nipa ṣiṣẹ awọn wakati pipẹ, ati nipa lilọ sinu gbese. 1708 01:36:43,001 --> 01:36:46,300 Bi awọn arin kilasi ṣubu siwaju ati siwaju lẹhin, 1709 01:36:46,301 --> 01:36:51,000 Ibeere oselu wa lati dahun... 1710 01:36:51,001 --> 01:36:54,000 nipa ṣiṣe ki o rọrun lati gba kirẹditi. 1711 01:36:54,001 --> 01:36:56,800 O ko ni lati ni ile alarinrin. 1712 01:36:56,801 --> 01:36:58,600 Olura ile ti o ni owo kekere... 1713 01:36:58,601 --> 01:37:03,000 le ni o kan bi dara ile bi enikeni miran. 1714 01:37:03,001 --> 01:37:06,600 American idile ya lati ṣe inawo ile wọn ... 1715 01:37:06,601 --> 01:37:08,600 ọkọ ayọkẹlẹ wọn, ilera wọn, 1716 01:37:08,601 --> 01:37:11,800 ati awọn ọmọ wọn eko. 1717 01:37:11,801 --> 01:37:15,000 Awọn eniyan ni isalẹ 90% ... 1718 01:37:15,001 --> 01:37:20,000 ilẹ ti sọnu laarin 1980 ati 2007. 1719 01:37:20,001 --> 01:37:25,500 Gbogbo rẹ lọ si oke 1 ogorun. 1720 01:37:26,000 --> 01:37:28,500 Fun igba akọkọ ninu itan. 1721 01:37:28,501 --> 01:37:31,000 apapọ America ni ẹkọ ti o kere ju ... 1722 01:37:31,001 --> 01:37:35,000 ati ki o wa kere busi ju àwọn òbí wọn lọ. 1723 01:37:36,500 --> 01:37:41,500 Awọn akoko ti okanjuwa ati aibikita lori Odi Street… 1724 01:37:41,501 --> 01:37:43,400 ati ni Washington ... 1725 01:37:43,401 --> 01:37:44,401 ti mu wa lọ si idaamu owo bi pataki bi 1726 01:37:44,402 --> 01:37:49,700 eyikeyi ti a ti koju niwon awọn Nla şuga. 1727 01:37:49,701 --> 01:37:50,800 Nigbati idaamu owo kọlu ... 1728 01:37:50,801 --> 01:37:53,400 ni kete ṣaaju idibo 2008… 1729 01:37:53,401 --> 01:37:55,500 Barack Obama tokasi Odi Street okanjuwa... 1730 01:37:55,501 --> 01:37:57,200 ati awọn ikuna ilana ... 1731 01:37:57,201 --> 01:37:59,800 bi apẹẹrẹ ti nilo fun iyipada ni America. 1732 01:37:59,801 --> 01:38:01,800 Aini abojuto ni Washington ... 1733 01:38:01,801 --> 01:38:03,600 ati lori Wall Street jẹ gangan ... 1734 01:38:03,601 --> 01:38:06,000 kini o mu wa sinu idotin yii. 1735 01:38:06,001 --> 01:38:08,800 Lẹhin ti o gba ọfiisi, Alakoso Obama… 1736 01:38:08,801 --> 01:38:11,000 sọ nipa iwulo lati ṣe atunṣe awọn owo ile ise. 1737 01:38:11,001 --> 01:38:13,000 A fẹ olutọsọna eewu eto, 1738 01:38:13,001 --> 01:38:14,500 pọ olu awọn ibeere. 1739 01:38:14,501 --> 01:38:17,300 A nilo owo onibara ile-iṣẹ aabo... 1740 01:38:17,301 --> 01:38:19,500 a nilo lati yi Odi Street ká asa. 1741 01:38:19,501 --> 01:38:23,000 Sugbon nigba ti nipari ti fi lelẹ ni aarin-2010 ... 1742 01:38:23,001 --> 01:38:25,800 awọn atunṣe owo ti isakoso ko lagbara... 1743 01:38:25,801 --> 01:38:29,200 ati ni awọn agbegbe pataki, pẹlu awọn ile-iṣẹ idiyele… 1744 01:38:29,201 --> 01:38:30,201 iparowa, ati biinu... 1745 01:38:30,202 --> 01:38:34,500 Ko si ohun pataki paapaa ti a dabaa. 1746 01:38:34,501 --> 01:38:38,700 Ọrọ sisọ Obama ati, sọ, atunṣe ilana: 1747 01:38:38,701 --> 01:38:43,000 esi mi, ti o ba jẹ ọrọ kan, yoo jẹ: ha! 1748 01:38:43,001 --> 01:38:46,000 Atunṣe pupọ wa. 1749 01:38:46,001 --> 01:38:47,800 Bawo lo ṣe jẹ? 1750 01:38:47,801 --> 01:38:51,200 O jẹ ijọba Odi Street. 1751 01:38:54,000 --> 01:38:57,400 Oba yan Timothy Geithner gege bi akowe Išura. 1752 01:38:57,401 --> 01:38:59,900 Geithner ni Aare ti New York Federal Reserve ... 1753 01:38:59,901 --> 01:39:01,300 lakoko aawọ ... 1754 01:39:01,301 --> 01:39:02,600 ati ọkan ninu awọn ẹrọ orin bọtini ... 1755 01:39:02,601 --> 01:39:04,300 ni ipinnu lati san Goldman Sachs ... 1756 01:39:04,301 --> 01:39:05,700 100 senti lori dola... 1757 01:39:05,701 --> 01:39:08,000 fun awọn oniwe-bets lodi si mogeji. 1758 01:39:08,001 --> 01:39:11,300 Nigbati Tim Geithner n jẹri ... 1759 01:39:11,301 --> 01:39:13,500 lati jẹrisi gege bi akowe Išura... 1760 01:39:13,501 --> 01:39:16,700 o si wipe: "Mo ti ko ti a eleto". 1761 01:39:16,701 --> 01:39:19,500 Bayi ti o sọ fun mi, ko loye iṣẹ rẹ... 1762 01:39:19,501 --> 01:39:21,500 bi Aare ti New York Fed. 1763 01:39:25,001 --> 01:39:29,000 Aare titun ti New York Fed jẹ William C. Dudley, 1764 01:39:29,001 --> 01:39:31,500 ogbologbo olori-okowo ti Goldman Sachs ... 1765 01:39:31,501 --> 01:39:35,000 ẹniti iwe pẹlu Glenn Hubbard iyin awọn itọsẹ. 1766 01:39:35,001 --> 01:39:37,600 Geithner ká olori ti osise ni Mark Paterson... 1767 01:39:37,601 --> 01:39:40,000 a tele lobbyist fun Goldman ... 1768 01:39:40,001 --> 01:39:42,900 ati ọkan ninu awọn oga olugbamoran Lewis Sachs ni... 1769 01:39:42,901 --> 01:39:44,700 ẹniti o ṣe abojuto Tricadia… 1770 01:39:44,701 --> 01:39:46,700 ile-iṣẹ ti o ni ipa pupọ ni kalokalo lodi si ... 1771 01:39:46,701 --> 01:39:50,000 awọn sikioriti yá ti o ti ta. 1772 01:39:50,001 --> 01:39:52,500 Lati ṣe olori Awọn ọjọ iwaju Ọja Igbimọ Iṣowo... 1773 01:39:52,501 --> 01:39:56,600 Oba mu Gary Gensler. Alakoso Goldman Sachs tẹlẹ kan… 1774 01:39:56,601 --> 01:39:59,700 ti o ti se iranwo ban ilana ti awọn itọsẹ ... 1775 01:39:59,701 --> 01:40:02,000 Lati ṣiṣẹ awọn Securities ati Exchange Commission... 1776 01:40:02,001 --> 01:40:04,000 Oba mu Mary Shapiro ... 1777 01:40:04,001 --> 01:40:06,500 Alakoso iṣaaju ti FINRA… 1778 01:40:06,501 --> 01:40:10,000 awọn idoko-ifowopamọ ile ise ká ara-ilana ara. 1779 01:40:10,001 --> 01:40:12,700 Olori osise Obama, Rahm Emanuel... 1780 01:40:12,701 --> 01:40:14,700 ṣe 320,000 dọla ... 1781 01:40:14,701 --> 01:40:17,500 sìn lori awọn ọkọ ti Freddie Mac. 1782 01:40:17,501 --> 01:40:20,000 Mejeeji Martin Feldstein ati Laura Tyson... 1783 01:40:20,001 --> 01:40:23,500 jẹ ọmọ ẹgbẹ ti Obama's Economic Recovery Advisory Board. 1784 01:40:23,501 --> 01:40:29,000 Ati oba ká olori aje Onimọnran jẹ Larry Summers. 1785 01:40:29,001 --> 01:40:31,300 Awọn oludamoran eto-ọrọ ti o ga julọ… 1786 01:40:31,301 --> 01:40:34,400 ni awọn gan eniyan ti o wà nibẹ, ti o kọ awọn be. 1787 01:40:34,401 --> 01:40:37,000 Nigbati o han gbangba ti Summers ati Geithner ... 1788 01:40:37,001 --> 01:40:41,000 won lilọ lati mu pataki ipa bi awọn alamọran... 1789 01:40:41,001 --> 01:40:44,700 Mo mọ pe eyi yoo jẹ ipo iṣe. 1790 01:40:44,701 --> 01:40:48,500 Ijọba Obama tako ilana isanpada banki... 1791 01:40:48,501 --> 01:40:51,000 paapaa bi awọn olori ajeji ṣe igbese. 1792 01:40:51,001 --> 01:40:53,700 Mo ro pe awọn owo ile ise jẹ ile-iṣẹ iṣẹ kan… 1793 01:40:53,701 --> 01:40:58,000 ó yẹ kí ó máa sin àwọn ẹlòmíràn kí ó tó sin ara rẹ̀. 1794 01:40:58,001 --> 01:40:59,800 Ni Oṣu Kẹsan ọdun 2009, 1795 01:40:59,801 --> 01:41:02,600 Christine Lagarde ati awọn Awọn minisita Isuna ti Sweden, 1796 01:41:02,601 --> 01:41:07,300 Netherlands, Luxembourg, Italy, Spain, ati Germany... 1797 01:41:07,301 --> 01:41:10,800 pe fun awọn orilẹ-ede G20, pẹlu Amẹrika ... 1798 01:41:10,801 --> 01:41:14,600 lati fa awọn ilana ti o muna lori ifowo biinu. 1799 01:41:14,601 --> 01:41:18,200 Ati ni Oṣu Keje ọdun 2010, Ile asofin European ... 1800 01:41:18,201 --> 01:41:21,000 ti ṣe awọn ilana yẹn gan-an. 1801 01:41:21,001 --> 01:41:24,500 The oba isakoso ko ni esi. 1802 01:41:24,501 --> 01:41:27,300 Oju wọn ni, eyi jẹ blip igba diẹ... 1803 01:41:27,301 --> 01:41:28,500 ati awọn ohun yoo pada si deede. 1804 01:41:28,501 --> 01:41:31,200 Ati idi eyi Mo tun yan e... 1805 01:41:31,201 --> 01:41:34,500 si miiran igba bi alaga ti Federal Reserve. 1806 01:41:34,501 --> 01:41:35,800 O ṣeun pupọ, Ben. 1807 01:41:35,801 --> 01:41:39,300 Ni ọdun 2009, Barrack Obama tun yan Ben Bernanke. 1808 01:41:39,301 --> 01:41:40,301 E seun, Ogbeni Aare 1809 01:41:40,302 --> 01:41:45,600 Ni aarin 2010, kii ṣe ẹyọkan oga agba owo... 1810 01:41:45,601 --> 01:41:48,000 ti fi ẹsun ọdaràn, 1811 01:41:48,001 --> 01:41:49,500 tabi paapaa mu... 1812 01:41:49,501 --> 01:41:51,600 ko si pataki abanirojọ ti yan... 1813 01:41:51,601 --> 01:41:53,500 kii ṣe ile-iṣẹ inawo kan… 1814 01:41:53,501 --> 01:41:55,000 ti fi ẹsun kan si ọdaràn… 1815 01:41:55,001 --> 01:41:58,000 fun sikioriti jegudujera tabi jegudujera iṣiro. 1816 01:41:58,001 --> 01:42:00,800 The oba isakoso ko ṣe igbiyanju ... 1817 01:42:00,801 --> 01:42:02,500 lati gba eyikeyi ninu awọn biinu pada... 1818 01:42:02,501 --> 01:42:07,000 fi fun owo awọn alaṣẹ nigba ti nkuta. 1819 01:42:07,001 --> 01:42:10,500 Emi yoo dajudaju ronu ti igbese odaran... 1820 01:42:10,501 --> 01:42:13,000 lodi si diẹ ninu awọn orilẹ-ede ká awọn olori oke... 1821 01:42:13,001 --> 01:42:14,500 bi Mozilo 1822 01:42:14,501 --> 01:42:17,800 Dajudaju Emi yoo wo Bear Stearns, Goldman Sachs... 1823 01:42:17,801 --> 01:42:20,500 àti Lehman Brothers, àti Merrill Lynch 1824 01:42:20,501 --> 01:42:24,000 - Fun odaran prosecution. - Bẹẹni. Bẹẹni. 1825 01:42:24,001 --> 01:42:26,800 Wọn yoo nira pupọ lati, lati ṣẹgun… 1826 01:42:26,801 --> 01:42:28,200 Ṣugbọn Mo ro pe wọn le ṣe ... 1827 01:42:28,201 --> 01:42:33,000 ti o ba ti won ni to underlings lati sọ otitọ. 1828 01:42:33,001 --> 01:42:35,500 Ninu ile-iṣẹ ti lilo oogun, panṣaga, 1829 01:42:35,501 --> 01:42:38,500 ati arekereke ìdíyelé ti awọn aṣẹwó bi inawo iṣowo ... 1830 01:42:38,501 --> 01:42:40,500 waye lori iwọn ile-iṣẹ... 1831 01:42:40,501 --> 01:42:42,600 kii yoo nira lati jẹ ki eniyan sọrọ, 1832 01:42:42,601 --> 01:42:45,000 ti o ba fe looto. 1833 01:42:45,001 --> 01:42:48,000 Wọn fun mi ni idunadura ẹbẹ, mo si gba. 1834 01:42:48,001 --> 01:42:50,900 Um... wọn ko nifẹ ninu eyikeyi awọn igbasilẹ mi ... 1835 01:42:50,901 --> 01:42:52,600 nwọn kò nife ninu ohunkohun. 1836 01:42:52,801 --> 01:42:54,300 Wọn ko nifẹ ninu awọn igbasilẹ rẹ? 1837 01:42:54,301 --> 01:42:56,200 Iyẹn tọ. Iyẹn tọ. 1838 01:42:56,201 --> 01:42:59,200 Oye kan wa pe o ko lo awọn eniyan ... 1839 01:42:59,201 --> 01:43:04,000 ti ara ẹni vices ni o tọ ti awọn ọran Wall Street… 1840 01:43:04,001 --> 01:43:06,500 dandan, lati gba wọn lati isipade. 1841 01:43:06,501 --> 01:43:08,000 Mo ro pe boya o jẹ, 1842 01:43:08,001 --> 01:43:10,500 lẹhin ti awọn cataclysms ti a ti kọja... 1843 01:43:10,501 --> 01:43:12,000 boya eniyan yoo tun ṣe atunwo iyẹn.. 1844 01:43:12,001 --> 01:43:16,000 Emi kii ṣe ẹniti yoo ṣe idajọ lori iyẹn ni bayi. 1845 01:43:29,500 --> 01:43:32,000 O wa si wa loni, o sọ fun wa: 1846 01:43:32,001 --> 01:43:34,000 ma binu, a ko tumọ si... 1847 01:43:34,001 --> 01:43:38,400 a ko ni tun ṣe, gbekele wa. 1848 01:43:38,401 --> 01:43:41,000 O dara, Mo ni diẹ ninu awọn eniyan ni agbegbe mi... 1849 01:43:41,001 --> 01:43:44,000 ti o kosi ja diẹ ninu awọn ti rẹ bèbe. 1850 01:43:44,001 --> 01:43:46,500 Ati pe wọn sọ ohun kanna! 1851 01:43:46,501 --> 01:43:48,000 Ma binu, wọn ko tumọ si ... 1852 01:43:48,001 --> 01:43:50,000 won yoo ko se o lẹẹkansi 1853 01:43:50,001 --> 01:43:55,000 Ni 2009, bi alainiṣẹ de ipele ti o ga julọ ni ọdun 17 .. 1854 01:43:55,001 --> 01:43:58,500 Morgan Stanley san awọn oṣiṣẹ rẹ ju 14 bilionu owo dola Amerika ... 1855 01:43:58,501 --> 01:44:01,600 ati Goldman Sachs san jade ju 16 bilionu. 1856 01:44:01,601 --> 01:44:05,500 Ni 2010, awọn imoriri paapaa ga julọ. 1857 01:44:05,501 --> 01:44:11,100 Kí nìdí yẹ a owo ẹlẹrọ san owo merin, igba merin... 1858 01:44:11,101 --> 01:44:15,000 si ọgọrun igba diẹ sii ju awọn, uh... gidi ẹlẹrọ? 1859 01:44:15,001 --> 01:44:18,000 Onimọ-ẹrọ gidi kan kọ awọn afara… 1860 01:44:18,001 --> 01:44:21,400 kikọ ẹlẹrọ owo, kọ awọn ala. 1861 01:44:21,401 --> 01:44:25,200 Ati nigbati awon ala yipada lati jẹ alaburuku, 1862 01:44:25,201 --> 01:44:28,000 miiran eniyan san fun o. 1863 01:44:28,001 --> 01:44:34,500 Fun ewadun, awọn American owo eto je idurosinsin ati ailewu. 1864 01:44:34,501 --> 01:44:37,000 Ṣugbọn lẹhinna nkankan yipada. 1865 01:44:37,001 --> 01:44:40,300 Awọn owo ile ise yi pada si awujo... 1866 01:44:40,301 --> 01:44:42,200 ba eto oselu wa je, 1867 01:44:42,201 --> 01:44:45,500 ati ki o ṣubu ni agbaye aje sinu aawọ. 1868 01:44:48,000 --> 01:44:53,000 Ni idiyele nla, a yago fun ajalu, ati pe wọn n bọlọwọ. 1869 01:44:53,001 --> 01:44:57,000 Ṣugbọn awọn ọkunrin ati awọn ile-iṣẹ ti o fa aawọ tun wa ni agbara… 1870 01:44:57,001 --> 01:44:59,500 ati pe o nilo lati yipada. 1871 01:45:00,000 --> 01:45:03,000 Wọn yoo sọ fun wa pe a nilo wọn ... 1872 01:45:03,001 --> 01:45:07,500 ati pe ohun ti wọn ṣe jẹ paapaa idiju fun a ni oye. 1873 01:45:07,501 --> 01:45:10,500 Wọn yoo sọ fun wa pe kii yoo ṣẹlẹ lẹẹkansi. 1874 01:45:10,501 --> 01:45:14,000 Wọn yoo na awọn ọkẹ àìmọye ija atunṣe. 1875 01:45:14,001 --> 01:45:16,000 Kii yoo rọrun 1876 01:45:18,000 --> 01:45:23,000 Ṣugbọn diẹ ninu awọn nkan tọsi ija fun ... 1877 01:45:24,305 --> 01:46:24,738 OpenSubtitles ṣeduro lilo Nord VPN lati 3.49 USD / osù ----> osdb.link/vpn