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Inside Job is a 2010 documentary film about the financial crisis of
2007-2010 directed by Charles H. Ferguson. The film was screened at the Cannes Film
Festival in May 2010.
Ferguson has described the film as being
about,
"the systemic corruption of the
United States by the financial services industry and the
consequences of that systemic corruption."
The film won an Academy Award for Best
Documentary Feature in 2011.
Wikipedia
As he did with the occupation of Iraq in
'No
End in Sight,' Charles Ferguson shines a light on the
global financial crisis in Inside Job.
Accompanied by narration from Matt Damon, Ferguson begins and ends in
Iceland, a flourishing country that gave American-style banking a try – and
paid the price. Then he looks at the spectacular rise and cataclysmic fall
of deregulation in the United States.
Unlike Alex Gibney’s fiscal films,
'Enron
- The Smartest Guys in the Room' and
'Casino Jack,' Ferguson builds his narrative around dozens of players,
interviewing authors, bank managers, government ministers, and even a
psychotherapist, who speaks to a culture that encourages Gordon Gekko-like
behavior, but the number of those who declined to comment, like Alan
Greenspan, is even larger.
Though the director isn’t as combative as Michael Moore, he asks tough
questions and elicits squirms from several participants, notably former
Treasury secretary David McCormick and Columbia dean Glenn Hubbard, George
W. Bush’s economic adviser.
Their reactions are understandable, since the borders between Wall Street,
Washington, and the Ivy League dissolved years ago; it’s hard to know who to
trust when conflicts of interest run rampant.
If Ferguson takes Reagan and
Bush to task for tax cuts that benefit the wealthy, he criticizes
Clinton for encouraging derivatives and
Obama
for failing to deliver on the promise of reform.
And in the category of unlikely heroes: }
former
governor Eliot Spitzer, who fought against fraud as New York’s attorney
general (he’s the subject of Gibney’s documentary
Client 9).