More on the Geithner Plan. The problem of banks buying the assets from themselves. Created by Sal Khan. Watch the next lesson: Missed the previous lesson? Watch here: Finance and capital markets on Khan Academy: The poop really started to hit the fan in the fall of 2008. When the new administration took office in early 2009, the poop was still there. This is tutorial explains an attempt–probably not a well thought out one–to clean the poop and slow the fan. Videos on the Geithner Plan to solve the continuing banking crisis in early 2009. About Khan Academy: Khan Academy offers practice exercises, instructional videos, and a personalized learning dashboard that empower learners to study at their own pace in and outside of the classroom. We tackle math, science, computer programming, history, art history, economics, and more. Our math missions guide learners from kindergarten to calculus using state-of-the-art, adaptive technology that identifies strengths and learning gaps. We’ve also partnered with institutions like NASA, The Museum of Modern Art, The California Academy of Sciences, and MIT to offer specialized content. For free. For everyone. Forever. #YouCanLearnAnything Subscribe to Khan Academy’s Finance and Capital Markets channel: Subscribe to Khan Academy:
Table of Contents
Images related to the topic finance o banking
Geithner plan 2 | Money, banking and central banks | Finance & Capital Markets | Khan Academy
Search related to the topic Geithner plan 2 | Money, banking and central banks | Finance & Capital Markets | Khan Academy
#Geithner #plan #Money #banking #central #banks #Finance #amp #Capital #Markets #Khan #Academy
Geithner plan 2 | Money, banking and central banks | Finance & Capital Markets | Khan Academy
finance o banking
आप यहां बहुत सारी उपयोगी जानकारी देख सकते हैं।: यहाँ और देखें
आप यहां बहुत सारी उपयोगी जानकारी देख सकते हैं।: यहाँ और देखें
28 comments
Wow. Well now I'm good and pissed off.
@Tigerpaws9097826 ur absolutly right.fed is the tool which transfer the wealth from poor people to rich people behind them.the whole system is a curse to >90 %of people.no wonder islam prohibit usury (read interest)
There is something really wrong about this whole world economic system, I can understand why you left the hedge fund world.
END THE FED!
Why didn´t they do it like they did with GM and Chrysler? Or perhaps, like the small banks like the FDIC has been doing?
If I am not very much mistaken, for each dollar worth of assets, banks were leveraged in 30
If you get the chance, add this to iTunes
@soilworkr You know the implications of not bailing out these financial institutions?
Most of us are smart enough to know we got fucked, and that we are powerless to do anything about it short of armed revolt.
end the fed, end crony capitalism. restore laissez faire and don't give bankers (or gov't officials) a chance to screw over the public. the answer is right in this guy's face…
I agree with everything but why would you say it's a "travesty of capitalism" when in reality it is a travesty of government involvement in the capitalist system?
THIS IS A DEBT SYNDICATE
ARREST ALL BANKERS
@shotsy5 The bank criminals belong in a prison. ARREST THE BANKERS
Did this version of Geihtners plan end up passing?
Brilliant!!!! – put it on glenn beck now!!,,, the public needs to see it!
Cheque (or check) fraud refers to a category of criminal acts that involve making the unlawful use of cheques in order to illegally acquire or borrow funds that do not exist within the account balance or account-holder's legal ownership
Great video. Congress actually did something about this back in January.
Check out Section 402 of the Helping Families Save Their Homes Act of 2009. That provision was added to ensure there is full transparency and no conflicts of interest in these PPIP transactions.
Though it might keep some banks honest, it won't prevent many of them from figuring out a way to game the PPIP.
Sal, Good job.
Are you a teacher, analyst (I mean the honest one), or just a good citizen? Whoever you are, you have a real good grasp and deep insight on the things you are talking.
While the gulliable citizens are caught in the ideological divide between Rep. and Dem, the Wall St. will continue to hoodwink everyone and over compensate their incompetent executives and employees.
So, keep up your good work!
The whole libertarian crusade against The Fed is overheated, misguided claptrap!…the 911 truth movement is histrionic, deluded claptrap!….so no thanks!
Hey at least he makes it colorful. ^_^
The concept of market risk ensuring healthy practice is a utopean pipe-dream. The financial entities have usurped their regulators (government) and have a myriad of opaque schemes that are blatantly dishonest. Brokers manipulate market risk for benefit of some and the destruction of others. Randists are naive at best., although the old girl did make many valid observations on the matter of freedom. That aside, she was no avatar to be followed by mankind, her outlook was abjectly cynical.
You're assuming that a transfer of power occured with the elections. It didn't. The era of deregulation set up this entire scenario,Obama was simply sent in to complete the plan with a Keynsian alibi. It's about time people woke up to the fact that Republican versus Democrat is a facade. Laisser-faire capitalism is not the cure. Well-regulated economies have fared better than the Randists in this crisis. The idea that regulation is a death-knell for capitalism is false, it's a necessity.
It is really crazy why some banks hasn't been nationalised. The US government in my view should take control of the shares and kick out most of the managment of these troubled banks. Make a controlled bankrupcy or create a bank fond to clean up the mess, and after some years sell the banks gradually back to privat investors. They governments of Norway and Sweden did this in the early nineties.
Who would know that banking could be this entertaining.
Love from Oslo
Exactly, it is exactly what got us in trouble, not eveil capitalism but STATE INTERVENTION AND CREATING FRADULENT LAWS THAT BOTH MAKE THE SYSTEM UNSTABLE. The problem is that the law that has been recently created is fraudulent, if it protected everybody and secured JUSTICE, here would be no problem. Therefore, the law should be changed to assure that everybody is treated equally in terms of economic freedom.
tonnes*
TP, for providing Federal Reserve notes as a part of the non-recourse loans, it receives US treasury bonds that are now a liability of the US taxpayer. The group of private banks "issue" this new money out of thin air, get paid recurring interest of 3-4% forever, and the US taxpayer is liable for the interest (and eventually principle repayment)
This is banks giving other banks money and is not to do with the former administration other than they started the stimulus plans for money to be given to banks. This money is not going to anything that pertains to war and previous debts created by our former administration. So many people are being overly offended when we continue to criticize the wrong doings of our government. People have been protesting things they find wrong for a long time.
I believe that The Fed is lending on behalf of the congress. That is why it has to go through them before it happens. So yes The Fed is a private bank that controls the power of making US dollars but they lend this money to the congress when the congress votes to spend it.