“Inside the Meltdown” provides the necessary indications about the greatest economic crunch. It also apprehends the ways that were adopted by the government to respond to the particular problem of the financial collapse (Kirk, 2017). It is crucial to mention that the role of the Federal Reserve Bank was crucial during the phase of economic crises. Bank made drastic decisions about the different organizations to overcome the features of the money crisis. The federal bank uses the approach of bailing out in the case of banks of the countries to provide the necessary support to deal with the financial crisis. The particular policy of the Federal Reserve Bank plays an influential role during the financial crisis of Bear Stearns. The influential role of the Federal Reserve Bank can be witnessed as the particular step of the bank by extending the feature of the JP Morgan Chase up to the 30$ billion to assist the firm of Bear Stearns.
The Federal Reserve Bank is known as the central feature of policymaking in the country to deal with the issues concerning the financial crisis. This particular paradigm was also established in the case of the financial crunch of 2008. Undoubtedly, the management of the Federal Reserve Bank came into question during the period of the financial bubble or crisis that hit business organizations in the country. Mr. Bernanke is crucial and needs to be considered when it comes to the management of the Federal Reserve Bank during the phase of the economic crisis in the country. The management of the Federal Reserve Bank deserves good grades when it comes to the high magnitude of the financial catastrophe in the country (Chadwick, 2008). On the other hand, it is crucial to mention that the central bank of the country had an active role in case of regulation of some banks, which ultimately boosted the level of financial issues.
References
Chadwick, A. (2008, March 17). What the Fed Did for Bear Stearns. Retrieved from https://www.npr.org/templates/story/story.php?storyId=88402826
Kirk, M. (2017). PBS Frontline Inside the Meltdown Frontline. Retrieved from https://www.youtube.com/watch?v=59OVUs5L7TI
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