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Inside Job: What Happens When Banks Go Bankrupt
The Lehman Brothers bank were not able to pay their debt back to creditors so they went bankrupt. -
The Bank: Compound Interest
Mr. Johnson from the Bank of Central Victoria talks to students about the importance of saving for key expenses and retirement. He writes out the compound interest formula to explain why they would have $727,000 in 25 years if they save 50 cents per week with the bank and the interest doubles their investment every 3 years. -
Inside Job: Banks Going Public
Banks were able to raise millions of dollars by becoming publicly traded on Wall Street. -
Enron: The Smartest Guys in the Room: Bankrupcy
The employees of Enron are given little time to gather their belongings once Enron filed for bankrupcy. Mr skilling, the CEO, is later interrogated by Senator Barbara Boxer for fraud. Senator Boxer accuses Jeffery Skilling of lying to his employees about the returns on Enron stocks. As Mr. Skilling was selling Enron stock, he continued to let his employees invest their 401k in Enron stock. -
Sign in or create an account to view this clipSouth Park: And It's Gone
01:41
Stan's dad wants him to learn the importance of saving money. He takes Stan to Southpark Bank to deposit the money into an account so it can grow. Unfortunately, the banker loses his money and other customers' money almost instantly. This clip can be a funny introduction to personal finance and banking. -
Sign in or create an account to view this clipThe Simpsons: Homer Invests in the Stock Market
02:04
Has profanityHomer withdraws his life savings from his bank account and invests it in 500 shares of Animotion, Inc. His hope is that he'll get rich when the share price skyrockets. The stock makes steady gains but then plummets, and Homer is upset. -
Sign in or create an account to view this clipMary Poppins: Tuppence
04:16
Mr. Dawes Senior and his directors try to convince the children to deposit their tuppence in the bank when Michael says he would like to use it to feed the birds. This musical number explains banking concepts such as interest and depicts the tactics of banks. -
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Sign in or create an account to view this clipFuturama: 4.3 Billion Dollars
00:42
Fry experiences the effects of compound interest on his savings. He started with 93 cents in his bank account 1,000 years ago, and it has had an average 2.25% interest rate over the 1,000 years. Fry learns that he is now a billionaire.
