The 2008 Financial Crisis and the Real-Life "Big Short" | 60 Minutes Full Episodes

Video Description

From January 2008, Steve Kroft's look at the U.S. sub-prime mortgage meltdown. From October 2008, Kroft's report on the financial instruments that helped to create the economic crisis. Also from October 2008, Kroft's story on credit default swaps and their role in the unfolding financial crisis. From March 2010, Kroft's interview with Michael Lewis about "The Big Short," the financial crisis and those who profited from it. From April 2012, Kroft's interview with an attorney who investigated the financial collapse of Lehman Brothers. From October 2008, Lesley Stahl's talk with bankers about how the U.S. government intervened to help some of the largest banks in the country. From March 2009, Scott Pelley's chat with FDIC agents who reveal what happens to your money when your bank fails. From January 2009, Pelley's visit to Wilmington, Ohio, to examine how the economic crisis is hitting people in the Midwest. And from October 2010, Pelley's visit to Newton, Iowa, to look at the effects of the recession. 0:00 Intro 0:11 House of Cards 15:48 Wall Street's Shadow Market 28:05 Financial Weapons of Mass Destruction 40:22 Inside the Collapse (Part 1) 56:09 Inside the Collapse (Part 2) 1:04:15 Lehman Brothers 1:17:39 Bank of America 1:29:45 Your Bank Has Failed 1:42:59 Winter of our Hardship 1:56:21 Anger in the Land "60 Minutes" is the most successful television broadcast in history. Offering hard-hitting investigative reports, interviews, feature segments and profiles of people in the news, the broadcast began in 1968 and is still a hit, over 50 seasons later, regularly making Nielsen's Top 10. Subscribe to the "60 Minutes" YouTube channel: https://youtube.com/60minutes Watch full episodes: https://cbsnews.com/60-minutes/full-episodes/ Get more "60 Minutes" from "60 Minutes: Overtime": https://cbsnews.com/60-minutes/overtime/ Follow "60 Minutes" on Instagram: https://instagram.com/60minutes/ Like "60 Minutes" on Facebook: https://facebook.com/60minutes Follow "60 Minutes" on X: https://twitter.com/60Minutes Subscribe to our newsletter: https://cbsnews.com/newsletters/ Download the CBS News app: https://cbsnews.com/mobile/ Try Paramount+ free: https://paramountplus.com/?ftag=PPM-05-10aeh8h For video licensing inquiries, contact: [email protected]