This video adapted from FRONTLINE reviews the response to the banking crisis by President Obama during the early days of his presidency. A deepening financial crisis and outrage at large bonuses paid to bank executives created pressure on President Obama to take action against some of the major banks in the first weeks of his administration. While the administration considered a variety of responses, including nationalization of some banks, a meeting with leading bankers in March 2009 found the president taking a more cautious approach. This resource is part of the FRONTLINE collection.
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