Five years ago, the Great Recession began with a global financial
meltdown due to the collapse of several Wall Street companies. First,
the Lehman Brothers investment bank filed for Chapter 11 bankruptcy
protection, which was the largest bankruptcy filing in US history. Then,
five years ago today, the Federal Reserve authorized a bailout loan of
$85 billion to insurance company AIG. RT's Ameera David talks to
William Black, former financial regulator and author of "The Best Way to
Rob a Bank Is to Own One," about some of the lessons learned from the
economic collapse, and why the income gap persists in this country.
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