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After the 2008 financial crisis that nearly destroyed the world economy, none of the American financial institutions faced prosecutions for their shady dealings that contributed to this debacle, except one. Abacus Federal Savings Bank, a small Chinese-American bank that catered to the neglected market of their community, was indicted on fraud charges and loan falsifications. As the bank disputed these accusations, many in the mainstream news media noticed that far larger competitors appeared to have committed similar misdeeds without legal consequence; likely because they were "too big to fail." This film explores the history of Abacus and its legal battle for survival against this hypocritical, and likely racist, application of the law that seemed to determined to punish them as a scapegoat for crimes that much larger felons deserve to face.Written by
Kenneth Chisholm (email@example.com)
I want to be careful to ensure my opinion of the doc isn't just my opinion of the subject. I don't think the subjects of the doc are admirable or deserve to be felt sorry for. The doc however, does a good job of introducing the players and explaining each of their association with the bank and family who runs it. I found myself getting distracted by the numerous scenes showing the family talking over each other and communicating nothing. I wanted to know more about the the effect on the trial on the community instead. Although this isn't my favourite doc of the year, I certainly think it's worth a watch.
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