So what did everyone think? Quite a bit different from the CNBC show, but this focused less on housing and more on the resulting collapse of the finance world.
I got the impression that these guys (Bernanke, Paulson, Geitner) were not the Wall St. robber barons they have been portrayed as here and elsewhere. Rather they were the people who happened to be in charge when a clusterfuck of biblical proportions fell onto their laps. There was no precedence to what they faced, even for Bernanke and his Great Depression expertise. Paulson, the staunchest of free marketers, had to convert and oversee massive government intervention. Geitner was the conduit between Wall St. and the White House, which makes his appointment more obvious in hindsight. You couldn’t have written a better soap opera.