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Week 7 Discussion
View the following videos:
Money, Power and Wall Street: Part 1, in Frontline.
Money, Power and Wall Street: Part 2, in Frontline.
Then, answer the questions below in your discussion:
What was the impact of the near failure of Bear Stearns and the failure of Lehman Brothers on money markets?
What actions did the Federal Reserve and the Treasury Department take? What were the impacts of the decisions, if any?
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