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Frontline's The Warning

Frontline's The Warning

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Frontline - The Warning

In the Frontline’s The Warning the three headed powerhouse in Washington of Greenspan, Rueben and Summers went up against a dedicated chairperson of the CFTC Brooksley Born, and the battle between regulation ended with something catastrophic for the American economy. Reason being, his lack of regulation in the markets and negligence for the benefits it could bring lead to the eventual financial collapse in 2008. In regards to this, Born took her role at CFTC seriously and tried her best to protect the Americans people’s money from people like Greenspan who believed the market should be self-regulated with little supervision. It is evident that the process of regulation in the markets should be taken more seriously.

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