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Inside Job (2010)

8.3
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Ratings: 8.3/10 from 42,846 users   Metascore: 88/100
Reviews: 118 user | 162 critic | 27 from Metacritic.com

Takes a closer look at what brought about the financial meltdown.

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Title: Inside Job (2010)

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Won 1 Oscar. Another 7 wins & 16 nominations. See more awards »

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Cast

Credited cast:
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Narrator (voice)
Rest of cast listed alphabetically:
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Ben Bernanke ...
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Storyline

'Inside Job' provides a comprehensive analysis of the global financial crisis of 2008, which at a cost over $20 trillion, caused millions of people to lose their jobs and homes in the worst recession since the Great Depression, and nearly resulted in a global financial collapse. Through exhaustive research and extensive interviews with key financial insiders, politicians, journalists, and academics, the film traces the rise of a rogue industry which has corrupted politics, regulation, and academia. It was made on location in the United States, Iceland, England, France, Singapore, and China. Written by Anonymous

Plot Summary | Plot Synopsis

Taglines:

The global economic crisis of 2008 cost tens of millions of people their savings, their jobs, and their homes. This is how it happened. See more »

Genres:

Documentary | Crime

Motion Picture Rating (MPAA)

Rated PG-13 for some drug and sex-related material | See all certifications »

Parents Guide:

 »
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Details

Official Sites:

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Country:

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Release Date:

2 February 2010 (Belgium)  »

Also Known As:

Inside Job  »

Filming Locations:

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Box Office

Opening Weekend:

£70,375 (UK) (18 February 2011)

Gross:

$4,311,834 (USA) (29 April 2011)
 »

Company Credits

Show detailed on  »

Technical Specs

Runtime:

Sound Mix:

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Aspect Ratio:

2.35 : 1
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Did You Know?

Trivia

On being interviewed about this film, Henry Rollins likened Charles Ferguson's interviewing technique to "tightening the screws little by little until the interviewee starts to say "Ow.....ow.....ow and then, Stop the camera!" See more »

Goofs

The first time Dominique Strauss-Khan's name is shown, it is misspelled. 'Dominique' is written 'Dominque', and 'Strauss-Kahn' is written 'Straus-Kahn'. See more »

Quotes

[last lines]
Narrator: For decades the American financial system was stable and safe. But then something changed. The financial industry turned it's back on society, corrupted our political system and plunged the world economy into crisis. At enormous cost, we've avoided disaster and are recovering. But the men and institutions that caused the crisis are still in power and that needs to change. They will tell us that we need them and that what they do is too complicated for us to understand. They will ...
See more »

Connections

Referenced in Ebert Presents: At the Movies: Episode #1.8 (2011) See more »

Soundtracks

Congratulations
Written by Ben Goldwasser & Andrew VanWyngarden
Performed by MGMT
Courtesy of Columbia Records
By Arrangement with Sony Music Licensing
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User Reviews

 
I expected more from a full-length feature documentary
12 September 2010 | by (Canada) – See all my reviews

This movie is a good basic primer about the financial crisis of 2008 for those who haven't really been following this story and have little or no financial knowledge. The official description promises that if you get angry when you think about the crisis, you're going to get even angrier after you watch the movie. It delivers on that promise. Several of the interview scenes also deliver a few good laughs. The movie's main strength is the way it explores academia's contribution to the collapse. It exposes the conflict of interest of academics who are supposed to be independent, expert voices in the field but who derive the bulk of their very lucrative incomes from paid consulting engagements on behalf of the financial services industry. This is an angle I hadn't seen covered before.

It also illustrates how little has changed in the American financial world, despite Obama's rhetoric. Rather than being held accountable for their role in the collapse, many of its architects remain in key positions of power

On the downside, the movie oversimplifies the causes of the crisis. It focuses primarily on deregulation and Wall Street's incentive structure and culture of reckless risk-taking and lax morals and ethics. It also briefly mentions poor risk assessments by credit rating agencies and predatory lending, without really explaining what it was or getting into any depth on the matter.

Sub-prime lending was mentioned only in a very cursory manner. There was no mention of the Clinton Administration's push for sub-prime lending to expand mortgage loans to low and moderate income people.

There was no mention of the Federal Reserve's contribution to the housing bubble as a result of it's policy to ease credit conditions in the early 2000s to soften the impact of the collapse of the dot com bubble and the 9/11 terrorist attacks.

There was no mention of the shadow banking system; how it contributed to the crisis and how it greatly amplified the losses.

There was no mention of David X. Li's Gaussian copula formula and how it was used by credit rating agencies to justify AAA ratings for collateralized debt obligations (CDOs) that consisted of baskets of higher risk debt instruments.

I expected more from a full-length feature documentary. I've seen TV shows that delved into greater depth on this issue. This movie pushes the right emotional buttons but ultimately, it's light fare for those on a low-intellect diet.


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