Economics

Sold Out: The Underground Economy of Supreme Resellers

Back in 1994, a man by the name of James Jebbia opened the first location for the brand known as Supreme, this initial small storefront was located on Lafayette Street in New York. Back then Supreme was known to be a brand for skaters but also run by skaters. The layout for the shop itself had even been designed to be wider, allowing for skaters to walk off the street into the store with

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Inside the Meltdown

Starting out with the collapse of Bear Stearns, this FRONTLINE special Inside The Meltdown delves into the depths of the financial crisis of 2008 and the events which caused it to happen. It was the worst crash  seen in the market for 70 years, making it new territory for the politicians of the time and seeing how they responded makes for a very interesting watch.Chronicling the inside stories o

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Meltdown: The Men Who Crashed The World

Meltdown is a four-part investigation into the orgy of greed and recklessness that drove the world into financial collapse back in 2008 and only now are the hard questions being asked, only now are the key players being held to account.In the first episode we hear from four men who are responsible for crashing the global economy. From a billionaire mortgage seller who managed to pull the wool ov

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Floored

Released in 2009, Floored is a film which explores the people and business behind the trading pits of Chicago. For over 150 years, the Chicago trading floors have been home to the most primal method of buying and selling.In 1997, more than 10,000 people traded on these floors but later that year a new method of trading appeared, this was computer trading. Electronic trading was a true game cha

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How Big Oil Conquered the World

Oil, from farm to pharmaceutical, diesel truck to dinner plate, pipeline to plastic product, it is simply impossible to think of an area of our modern day lives that is not affected by the petrol chemical industry.The story of oil is the story of the modern world and whilst parts of this story are well known, there is another side to which is more obscure, for example the quest of oil and the

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The Bank of Tax Cheats

In this episode of BBC's Panorama, serious questions are raised for the British government and the city of London, all in regards to an apparent effort by the biggest bank to help some of their biggest and most wealthy clients dodge paying tax.When the government found out about this scheme, Panorama asks why weren't the cheats or the banks prosecuted? and even more curious, why was the banker

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Bitcoin: The End of Money as We Know It

What do we all have in common? no matter what corner of the world you live in you need several necessities, food, water, shelter and money. Half of all transactions involve money in exchange for goods or services, stocks, bonds, a loaf of bread or even illicit drugs. It doesn't matter what the commodity, you've got to pay for it or at least someone does.We spend much of our lives chasing money

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1929: The Great Crash

In 1929 years of booming prosperity ended in catastrophe, it was the biggest stock market crash since record began. First time investors borrowed huge amounts of money to speculate with on the market. This lead to the market breaking very sharply, wiping out a lot of people with it, later thousands of banks failed, millions lost everything. The crash was followed by a depression that spread across

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TRADER: The Documentary

Paul Tudor Jones is the founder of Tudor Investment Corporation, a private management company and hedge fund. As of March of last year (2014) Forbes Magazine ranked him as the 108th richest American with a net worth of $4.3 billion, this figure also makes him the 345th richest in the world. This film was originally released in November of 1987 on public TV but is quite rare as Jones for some

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