||Introduction: Secret Bank Bailout (1:58) -- Interviews (2:15) -- Bank Bailout Confidentiality (2:54) -- Euro Launch (2:37) -- Transferring Debt (2:02) -- Dublin Property Boom (3:12) -- Ireland at Fault (1:51) -- European Central Bank (3:04) -- Protest (3:14) -- Money Trail (1:53) -- Guido Fawkes (2:09) -- Default (2:00) -- Cancel vs. Repay (3:47) -- Three Months Later (1:38) -- Spain (2:03) -- More Secrecy (2:04) -- Stonewalled (1:51) -- Protest Movement 15M (3:21) -- Corrupt System (4:17) -- Bail-in (3:15) -- Conflict of Interest (4:12) -- The Truth (2:15) -- Credits: Secret Bank Bailout (0:30)
||One Euro state after another has found itself forced to prop up its banks by pumping in huge sums of money to cover the losses that the financial institutions themselves incurred from bad loans. But where are these billions of euro actually going? Who is benefiting? The rescued parties are not in the poorer Euro countries but predominantly in Germany and France. A large share of the money ends up with the creditors of the banks who want or have to be rescued. And although these investors have invested poorly, they are being protected against any losses at the expense of the general public. Why is this happening? Who is receiving the money? Harald Schumann succeeds in making this complicated topic understandable for everyone.
|General note||Encoded with permission for digital streaming by Films Media Group on May 03, 2014.|
|General note||Films on Demand is distributed by Films Media Group for Films for the Humanities & Sciences, Cambridge Educational, Meridian Education, and Shopware.|
|Access restriction||Access requires authentication through Films on Demand.|
|Interest grade level
||10 & up.
|Technical details||Mode of access: Internet.|
|Technical details||System requirements: FOD playback platform.|
|Source of description||Title from distributor's description.|
|Issued in other form||Originally produced: New Docs, 2012.|
|Publisher number||55555 Films Media Group|