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INSIDE JOB -- How Wall Street Became A Criminal Enterprise And Took Over Government

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"Inside Job" by Charles Ferguson and Winner At Cannes 2010 "How the Financial Industry set out to defraud the ordinary American investor" Roger Ebert, Chicago Sun Times

Conspiracy of engineered economic crisis or conspiracy of attempt at making you think there is a conspiracy of engineered economic crisis?  Which conspiracy do you choose?
 
(And this just in from the New York Times: "A Secretive Banking Elite Rules Trading in Derivatives"  Warren Buffet once referred to derivatives as "financial weapons of mass destruction")  Jay
 
(Feature Film Trailer, Winner At Cannes 2010) 
 
"How the Financial Industry set out to defraud the Ordinary American Investor" Roger Ebert, Chicago Sun Times
 
"A Masterpiece.  Scarier than anything Wes Craven and John Carpenter have ever made..."  Wesley Morris, The Boston Globe
 
"Will leave you both Thunderstruck and Boiling with Rage"  Kenneth Turan, Los Angeles Times ( http://articles.latimes.com/2010/may/17/entertainment/la-et-insidejob-20100517/2 )
 
"Wonderfully Illuminating.  Unquestionably the most important film at Cannes."  Michael Glitz, Huffington Post
 
Inside Job is "the definitive screen investigation of the global economic crisis" and evidence of "a new nonfiction master at work"  Rob Nelson, Variety
 
The funny thing is – it happened.  We all know it happened.  Not even right wingers can excuse the injustice of the corporations like AIG and Goldman Sachs robbing people blind and walking away with millions stuffed in their pockets.  Our government did nothing.
  
The film was recently nominated for Best Production, Best Graphic Design and the Audience Choice Award at the Cinema Eye Honors, and Ferguson brought it to theWrap Screening Series at the start of what will probably be a good week for him: the Academy is expected to unveil its shortlist of 12 to 15 documentaries that will continue in the Oscar race later this week, and most doc-watchers expect “Inside Job” to sit comfortably on that list.
  
At the end of the film festival, many critics cited Ferguson's film as the clear documentary winner, with its surgically astute dissection of the greatest heist ever carried out against an unsuspecting public. One can surmise that revolutions have been started over political and financial crimes far less than those depicted in this film. When Sony releases "Inside Job" this fall, let's hope that revolution will take the form of awareness, giving rise to a determination that this must never happen again.
  
In case you think the whole thing can be blamed on Ronald Reagan and George W. Bush and deregulation-crazed congressional Republicans, it can't. Bill Clinton's economic and fiscal policies were shaped and implemented by Wall Street insiders who joined his administration, and he signed numerous major acts of deregulatory legislation. After a year in office, Barack Obama has done little more than reshuffle the chairs, leaving the same investment-bank insiders and free-market ideologues who blew up the store to plaster it back together again. As one commentator notes in the film, whether Democrats or Republicans hold power, we have a permanent "Wall Street government."
  
 Director's Statement  This film attempts to provide a comprehensive portrayal of an extremely important and timely subject: the worst financial crisis since the Depression, which continues to haunt us via Europe’s debt problems and global financial instability.  It was a completely avoidable crisis; indeed for 40 years after the reforms following the Great Depression, the United States did not have a single financial crisis.

However, the progressive deregulation of the financial sector since the 1980s gave rise to an increasingly criminal industry, whose “innovations” have produced a succession of financial crises.  Each crisis has been worse than the last; and yet, due to the industry’s increasing wealth and power, each crisis has seen few people go to prison.
In the case of this crisis, nobody has gone to prison, despite fraud that caused trillions of dollars in losses.  I hope that the film, in less than two hours, will enable everyone to understand the fundamental nature and causes of this problem.

It is also my hope that, whatever political opinions individual viewers may have, that after seeing this film we can all agree on the importance of restoring honesty and stability to our financial system, and of holding accountable those to destroyed it.

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