In the third of a four part series, Frontline takes a look at how freshly elected President Obama dealt with the incredibly daunting task of fixing up the worst economic mess since the 1930′s. A key part of this would be the selection of the economic team that would ultimately deal with the situation. Would he bring in outsiders to reform the system in line with his fiery campaign rhetoric? Or would he stick with the experienced Wall Street players who knew the system?
Ultimately Obama went with the status quo and wasted this once in a lifetime chance to leverage the banks into accepting reform that would address the root causes and help prevent a repeat of the situation.
Watch Money, Power and Wall Street: Part Three on PBS. See more from FRONTLINE.