The Boom & Bust Years (The Age of Risk)

This BBC documentary offers an insight into the development of the financial system and the policies and conditions that lead to some of the recent boom and bust periods. In particular it focuses on the boom years, and takes a look at the UK's "City" (the financial district in London).

The series on the global crash examines the boom years before the bust. With testimony from many of the key decision makers who shaped our lives over the last two decades, including Gordon Brown, governor of the Bank of England Mervyn King, and an exclusive interview with former chairman of the US Federal Reserve Alan Greenspan, it charts how the financial bubble grew and grew.

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.

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