The Banking System

The Banking System

Streaming Video - 2012
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The Knickerbocker Bank's failure led to the Bank Panic of 1907, and ultimately inspired a need for a central bank. When thousands of banks failed in the 1930s, President Roosevelt declared a National Bank Holiday closing individual banks, and created new regulatory agencies to guard the system. But in the wake of the 2008 Great Recession and the failure of regulators to act, the Dodd/Frank Wall Street Reform and Consumer Protection Act became law. These stories explain the role of banks in the U.S. economy and how government agencies act to prevent individual bank failures from becoming banking crises.
Publisher: [Place of publication not identified] : Annenberg Learner (Firm), [2012]
Edition: 21st Century Edition
Copyright Date: ©2012
Characteristics: video file,rda
1 online resource (1 video file (28 min., 27 sec.)) : color and sound

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