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Arts & Entertainment

Film: INSIDE JOB

OSCAR AWARD WINNING EXPLANATION OF THE FINANCIAL CRISIS

"Inside Job" won the Academy Award for Best Documentary Feature at the 2010 Oscars. It's easy to see why. This is a big budget, polished, finger pointing, slickly made documentary that almost anyone can appreciate.

 Definitely riveting...and troubling. Even distressing and disturbing for those of us (and who hasn't?) suffered as a result of the financial collapse.  It’s also informative, scathing and, most importantly, fair!

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 It’s the best explanation of the financial crisis of 2008 that you’ll get in one hour and 48 minutes.  Equal time is given to accusers and accused and that in itself is devastating.

 The film focuses on changes in the financial industry in the decade leading up to the crisis, the political movement toward deregulation, and how the development of complex trading such as the derivatives market allowed for large increases in risk taking that circumvented older regulations that were intended to control systemic risk. In describing the crisis as it unfolded, the film also looks at conflicts of interest in the financial sector, many of which it suggests are not properly disclosed.

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Presented by of our REEL Justice Film series.  See you at the movies!

 

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