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The Love of Money - The Age of Risk

Updated Tuesday, 13th July 2010

How we changed our attitude to risk, learnt to live with debt and, above all, how governments stepped back from regulating any of it.

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At the heart of the story is Alan Greenspan, who for 20 years was one of the most powerful people in the world. In October 2008, weeks after the catastrophic collapse of Lehman Brothers, the man whose ideas influenced the world admitted he might have been 'partially' wrong.

The programme explains how we changed our attitude to risk, learnt to live with debt and, above all, how governments stepped back from regulating any of it. At the heart of the story is Alan Greenspan, who for 20 years was one of the most powerful people in the world. In October 2008, weeks after the catastrophic collapse of Lehman Brothers, the man whose ideas influenced the world admitted he might have been 'partially' wrong.

The Age of Risk in more depth

Back from the Brink

The third episode in the series considers what lessons have been learned, as we step Back from the Brink.

 

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