A feature length documentary work which presents a case for a needed transition out of the current socioeconomic monetary paradigm which governs the entire world society. This subject ... 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 »
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.
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 »
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 »
Notorious killer whale Tilikum is responsible for the deaths of three individuals, including a top killer whale trainer. Blackfish shows the sometimes devastating consequences of keeping ... 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 Dominique Strauss-Khan's name is shown, it is misspelled. 'Dominique' is written 'Dominque', and 'Strauss-Kahn' is written 'Straus-Kahn'. See more »
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 »
I expected more from a full-length feature documentary
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.
185 of 315 people found this review helpful.
Was this review helpful to you?