Pop Goes The Dollar – The Hope Theatre
As an ex-Investment Manager, this show was a must see for me, as I recall the stressful situations bought on by a stock market crash, and the difficult conversations that I had with clients, when trying to explain why their portfolio valuations had fallen.
Set in the run up to the 2008 financial crash, the chair of the Federal Reserve Timohy Geithner (Ayan Philip) is growing increasingly worried that in a bid to grasp short-term profits, investment companies are forgetting to manage risk, and the sub-prime market may collapse. Soon the Federal Reserve hear that the bubble is indeed bursting, and BNP Paribas are closing three of their sub-prime mortgage funds due to an illiquid market, Bear Stearns a major investment bank collapses and is bought by JP Morgan with the Fede...