It is happening all across America-rural landowners wake up one day to find a lucrative offer from an energy company wanting to lease their property. Reason? The company hopes to tap into a... See full summary »
Using state-of-the-art equipment, a group of activists, led by renowned dolphin trainer Ric O'Barry, infiltrate a cove near Taijii, Japan to expose both a shocking instance of animal abuse and a serious threat to human health.
BC's illegal marijuana trade industry has evolved into a business giant, dubbed by some involved as 'The Union', Commanding upwards of $7 billion Canadian annually. With up to 85% of 'BC ... See full summary »
An uplifting feature documentary highlighting the transformative power of art and the beauty of the human spirit. Top-selling contemporary artist Vik Muniz takes us on an emotional journey ... See full summary »
'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
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 »
The first time Paul Volcker's last name is shown it is written "Vocker". See more »
On your CV the title of this report has been changed from "Financial Stability in Iceland" to "Financial *In*stability in Iceland."
Um, well, I don't know. Er, which, er whatever it is, is - the thing - if there's a typo, there's a typo.
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Ferguson has used the ambush interview popularized by CBS' 60 Minutes to grill both the guilty and the extremely guilty in a way that commercial television will never do for fear of offending its sponsors. The Keiser Report on Russia Today is the only exception.
The film starts with the collapse of the Icelandic banks, although the banking crisis began with Public Service Announcements on talk radio pushing loans for minorities. The banks -- many of them local -- feared congressional investigation coupled with potential charges of dreaded racism, so they arranged loan packages that enabled the marginally qualified to purchase houses. The local banks unloaded the mortgages as has become the norm in the industry. You can forget about such quaint notions as the Bailey Building and Loan anymore. This bubble began in 2006, but the Iceland saga was later in 2008.
YouTube has been showing a satire on the subprime crisis by John Bird and John Fortune that has aired since January 2008 which summarizes this film in 8 minutes. But, this film gets to the root of the problem by mercilessly grilling the shysters. Elliot Spitzer got air time, but even he caught the stinging end of the lash from the producer. Apparently, the vanity of of the players left most of them unprepared. The only drawback to Inside Job is the extensive face-time given to the smarmy George Soros -- the mastermind behind global financial speculation.
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