The Play: After a private meeting with Fed Chairman Ben Bernanke and Treasury Secretary John Paulson on the impending financial crisis on September 16, 2008, Bachus — then the Ranking Member on the House Financial Services Committee — bet against the stock market, netting himself tens of thousands of dollars. (businessinsider.com)
If Europe is moving toward enabling the ECB to close the bank windows ahead of an impending financial crisis, the Fed is likely already working on a similar proposal. (investmentresearchdynamics.com)
The setup for Margin Call is pretty straightforward: it chronicles the efforts of a powerful investment bank to avoid disaster when they get wind of the impending financial crisis, over a 24 - hour period of time. (csmonitor.com)