inside the meltdown

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Using the following links to the Frontline video Inside the Meltdown, answer the following questions:

  • Short Version:
  • Long Version:
  1. What was the impact of the near failure of Bear Stearns and the failure of Lehman Brothers on Money Markets?
  2. What actions did the Federal Reserve and the Treasury Department take? What were the impacts of the decisions if any?
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