Saw this at the London Film Festival in 2007, and it was the one truly dreadful film I saw that fortnight. The director tries too hard to be oh-so-clever with his fractured narrative and shifting perspectives, but really none of it makes the slightest sense whatsoever, and is wholly unbelievable and silly. From about a third of the way thru you realise the film is disappearing up its own backside because the director doesn't really have a handle on what the story is, or what happens and in what order. Clearly, he saw Following and Memento and decided to just nick chunks from both and clumsily cellotape the bits together.
Review of Jetsam
