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November 17, 2008

Historian Niall Ferguson tells the story of money and the rise of global finance. Bringing context and understanding to the current economic crisis, he reveals how the history of finance has been punctuated by gut-wrenching crashes.

As the world continues to struggle to find its footing amid rising unemployment, constricted credit and crumbling banks and industries — raising questions about how the economic system collapsed — PBS presents Niall Ferguson’s ASCENT OF MONEY. This groundbreaking four-part series examines the creation of the economic system by taking viewers on a global trek through the history of money. This documentary delves deeper into how our complex system of global finance evolved over the centuries, how money has shaped the course of human affairs and how the mechanics of this economic system work to create seemingly unlimited wealth — or catastrophic loss.

January 1, 2009

British historian and author Niall Ferguson explains how big money works today as well as the causes of and solutions to economic catastrophes in this extended version The Ascent of Money documentary. Through interviews with top experts, such as former Federal Reserve Chairman Paul Volcker and American currency speculator George Soros, the intricate world of finance, including global commerce, banking and lending, is examined thoroughly.

The assistant of a wealthy socialite reveals her husband's salacious affair. The fallout entangles him in a web of sex, love and deceit that could threaten his life and career.

October 17, 1986

Former pool hustler "Fast Eddie" Felson decides he wants to return to the game by taking a pupil. He meets talented but green Vincent Lauria and proposes a partnership. As they tour pool halls, Eddie teaches Vincent the tricks of scamming, but he eventually grows frustrated with Vincent's showboat antics, leading to an argument and a falling-out. Eddie takes up playing again and soon crosses paths with Vincent as an opponent.

Largo Winch, devastated by the kidnapping of his son, realizes that if he finds those responsible for his bankruptcy, maybe he'll see his son again.

Charity is in charge of delivering the railroad payroll, but some locals and a Mexican gang have their own plans for the money.

A young inventor is kidnapped to force him to tell the secret of his invention, but he foils his captors thanks to a pen with invisible ink.

The former French colonies in Central and West Africa have been independent since 1960, but most of these countries still use the currency of the former oppressor: the CFA franc. It was linked to the French franc when it was introduced, so the national bank in Paris controlled monetary policy. Now the currency has a fixed exchange rate with the euro. The link with the European currency strongly influences the monetary policy of CFA countries. And that means the value of the CFA franc is defined by political decisions taken elsewhere, rather than by the domestic economy.

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