After watching " BBC video " of Ch 12, and 13 ,analyze the contents of those videos by relating into economic theories. I put transcript of the video. 12 >> What we're gonna do is we're gonna let about 10 people, 10 or 15 people in at a time. >> Throughout the day on Monday, hundreds of anxious depositors lined up outside the Pasadena headquarters of Indy Mac Bank clamoring to get their money out. >> Well, I have a CD here and I wanna withdraw it and put it in another bank. >> The Federal Deposit Insurance Corporation took over Indy Mac after depositors worried about its [inaudible] made a run on the bank Friday. As the new federal CEO was giving yet another interview, a woman in the long line fainted. On loan from the FDIC, the new bank chief says his biggest job, calming depositors' jitters. >> So I just wanna reassure people if 98 percent of the people do business with a bank have less than a hundred thousand dollars in their accounts, they don't have to worry about anything. Their money is completely protected. >> But those with more than 100,000 dollars in the bank are looking at trouble. Right now, the FDIC promises only 50 cents on the dollar for every individual account over 100,000. >> We got a check which is only about 50 percent of our total investment, which really hurts but that's all we were able to do today. >> 10,000 Indy Mac customers had more than 100,000 dollars in their accounts. Addressing the fears, some financial expert's advice taking a collective deep breath. >> Most of the big banks in this country were not in the danger zone in any way, shape or form. >> Small comfort for those who thought their money was safe and now aren't sure who they can trust. 13 >> The President says he wants Ben Bernanke to head the Federal Reserve for another 4 years because he more than anyone else pulled the economy back from the brink of depression. >> Ben Bernanke has led the fed through one of the worse financial crisis that this nation and the world has ever faced. >> Bernanke's term though doesn't end until January so why then did the President suddenly interrupt his vacation to make an early morning announcement? It's all about timing. The President spoke at about 9 a.m., [bell ringing] half an hour before the markets open. Bernanke is popular on Wall Street and as expected, the markets ticked up on the news. But even more important, the President wanted to get out in front of bad economic news also due at 9:30. That's when the White House budget office announced the deficit over the next 10 years will be a staggering 9 trillion dollars up from a previous estimate of 7 trillion. >> Unbridled spending, billions upon billions of new programs, a new trillion dollar healthcare program, how does this help us become more competitive in a global economy? > ...