Another interesting documentary on the financial crisis, this one focuses on the United Kingdom, and the conditions that lead up to the banking blowout.
Dispatches investigates how the bank chiefs allowed this to happen and if lessons have been learnt from the Northern Rock crisis. Former investment banker James Max tracks down the banking bosses who have presided over the colossal losses to see if they will be held to account.
He examines the billion pound bonus culture and lifestyle of the City's wide boys and investigates how the banks are now seeking to make back the money they lost before the credit boom hit the buffers.
Featuring the results of an exclusive survey of bank lending rates, and how much money banks are re-claiming through them, the film also offers expert advice on how to cope with higher interest rates and shows how customers can take banking into their own hands.
Dispatches also put together a follow up documentary: How the Banks Won
Finance Documentaries: http://www.financedocumentaries.com/2011/05/how-banks-never-lose.html
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