The Google Boys
Google’s meteoric rise to internet stardom is one of the great business sagas of our time. The sons of college professors, Larry Page and Sergey Brin – two brainy Stanford University grad students who founded the company – say their goal was to make the entire world’s information searchable and instantly accessible. At last count, they were answering 200 million queries a day. As with the invention of the internet, it’s changing our lives in ways we couldn’t imagine. Google became the world’s number...
Posted in: Business, Society
Frontlines of Construction: Engineering for Terror
Design and engineering experts demonstrate the latest anti-terrorist technologies being used by military intelligence, from bulletproof laminates to iris...
Posted in: Business, Economics
How the Rich Beat the Taxman
How do the rich avoid paying tax and protect their fortunes? Dispatches reveals the clever devices they use. With more than 20 millionaires in the cabinet, reporter Antony Barnett examines the financial affairs of some ministers and others who have helped the coalition. George Osborne says ‘we’re all in this together’ but are ministers and top Tories paying the same rates of tax as the rest of us? Barnett visits a number of offshore tax havens around the world still under control of Britain, including...
Posted in: Business, Economics
The Midas Formula: Trillion Dollar Bet
The history behind perhaps the greatest formula ever created in finance: the Black-Scholes-Merton options pricing model. Two of its creators were awarded the Nobel Prize in Economics in 1997. A year later their hedge fund Long Term Capital Management (LTCM) had collapsed with staggering losses of $100 billion due to significant leverage of the strategy. The Black-Scholes Formula was derived by observing that an investor can precisely replicate the payoff to a call option by buying the underlying stock and...
Gashole
What caused America to go from being a leading exporter of oil to the world’s largest importer? What are the economic and sociological forces that have contributed to that change and impede its solution? Gashole is an eye-opening documentary about the history of oil prices and sheds light on a secret that the big oil companies don’t want you to know – that there are viable and affordable alternatives to petroleum fuel! It also provides a detailed examination of our continued dependence on foreign oil and...
Who Will Save the Euro?
It is not just the banks that are in danger of going under. It is entire economies. They are the ones in need of emergency cash to stay afloat. For some time we have been saying that Europe's financial 'white knight' may end up wearing Chinese armour or even a South American uniform? Now it looks like all that is starting to come true. It started with a big splash in the Financial Times, saying Italian officials had turned to China for help in avoiding a financial crisis. Counting the Cost also looks at the...
Rising Gulf
This Dutch documentary examines the silent revolution that is taking place in the United Arab Emirates (and the Gulf region in general) where Bedouin tents have been replaced by luxury and indulgence. While most of the world media’s Middle East focus has been portraying the region as a source of conflict, an incredible process of modernisation is taking place in the UAE, a process rarely seen before and that could affect the entire region and possibly the entire...
The World’s Greatest Money Maker: Warren Buffett
Warren Buffett is the greatest investor of all time. His decisions about buying shares and companies have beaten the stock market year after year and made him the richest person in the world – thought to be worth 37 billion dollars. Yet Buffett lives modestly in his native Omaha, in America’s mid-West, and runs his 150 billion dollar business with a staff of just twenty. Evan Davis meets him to find out about his unique investment strategy and his eccentric lifestyle. Evan talks to Buffett’s family,...
Not for Sale
People all around the world are becoming increasingly dependent on a small number of large multinational businesses. Monsanto controls 90% of the production of genetically modified seeds. Microsoft holds an 88.26% market share of the software industry, followed by apple with Mac who hold 9.93%. Everyday, 150 million people throughout the world, buy an Unilever product without even realising it. McDonalds, serve 58.1million meals a day around the world. 51 of the worlds 100 biggest economies are businesses....