Week 7 Discussion  View the following videos: Money, Power and Wall Street:

 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?