On Thursday, Sept. 18, 2008, the astonished leadership of the U.S. Congress was told in a private session by the chairman of the Federal Reserve that the American economy was in grave danger of a complete meltdown within a matter of days. "There was literally a pause in that room where the oxygen left," says Sen. Christopher Dodd (D-Conn.).
In case you missed PBS'Ā "Inside the Meltdown," aired tonight, February 17, 2009 at 9:00am, it is an in-depth 1-hour program detailing the breakdown of the financial system over the last year. Its very well done, and provides some valuable insight into the credit and financial markets meltdown we have experienced during the course of the last year. Click play to view:
Hover over the dots next to the clock for the story chapters.
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