INTERNATIONAL BUSINESS Movie Review Example | Topics and Well Written Essays - 750 words - 1

INTERNATIONAL BUSINESS - Movie Review Example The documentary outlines Paulson’s thought that was to stabilize the financial market that was under crisis and prevent it from collapsing. It tells the story of a collapsing housing market amidst subprime mortgage loans in U.S banks. As Hunk recounts in the documentary, he is alone and his view is facing contradictions from all corners of the economy: journalists and senators alike, banks and the congress. However, Paulson has the support of his wife, Wendy, who has been his wife for more than 40 years. They are devoted to one another that, during the film at a particular bumpy round of negotiations with the congress, Paulson takes a short break to call his wife Wendy and ask her to pray (Sharkey 1). ‘Hank: five years from the brink’ outlines Paulson’s first thought of the troubled asset relief program (TARP), encourages the U.S government to buy equity and assets from the financial institutions (Sherkey 1). This plan was to help in strengthening the collapsing financial sector of the U.S economy by putting equity and assets in the hands of the government. It is more of asserting more control of the financial institutions to the state and Hank knew that the idea was reprehensible. Originally, the TARP program authorized and expenditure of $700 billion of government money to purchase the â€Å"troubled assets." This would allow the treasury to purchase difficult-to-value illiquid assets from banks and financial institutions to allow the affected institutions to stabilize their balance sheets and avoid making any further losses (Darling 72). According to Sherkey (1), Paulson recounts in the documentary that the story of the crisis was a disaster and his idea were to respond to the disaster and mitigate any crisis that would occur in the future business market. Thus, his second aim of the troubled asset relief program was to encourage the financial institutions and banks to resume lending at the fair levels