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Abacus: Small Enough to Jail (2016)

Not Rated | | Documentary | 7 July 2017 (UK)
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A small financial institution called Abacus becomes the only company criminally indicted in the wake of the United States' 2008 mortgage crisis.

Director:

Steve James
Nominated for 1 Oscar. Another 5 wins & 11 nominations. See more awards »

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Cast

Credited cast:
Neil Barofsky Neil Barofsky ... Himself
Ti-Hua Chang Ti-Hua Chang ... Herself
Margaret Colin ... Herself
Justin Deas Justin Deas ... Himself
Jiayang Fan Jiayang Fan ... Himself
Roman Fuzaylov Roman Fuzaylov ... Himself
Polly Greenberg Polly Greenberg ... Herself - Chief, D.A.'s Major Economic Crimes Bureau
Linda Hall Linda Hall ... Herself
Don Lee Don Lee ... Himself
David Lindorff David Lindorff ... Himself
Kevin Puvalowski Kevin Puvalowski ... Himself
Megan Rork Megan Rork ... Himself
Mindy Shi Mindy Shi ... Himself
Chanterelle Sung Chanterelle Sung ... Herself
Heather Sung Heather Sung ... Herself
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Storyline

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 (kchishol@rogers.com)

Plot Summary | Add Synopsis

Genres:

Documentary

Certificate:

Not Rated
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Details

Country:

USA

Language:

English

Release Date:

7 July 2017 (UK) See more »

Also Known As:

Abacus: Pequeno o Bastante Para Condenar See more »

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Box Office

Opening Weekend USA:

$12,528, 19 May 2017, Limited Release

Gross USA:

$104,621, 14 July 2017
See more on IMDbPro »

Company Credits

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Technical Specs

Runtime:

Sound Mix:

Dolby Digital

Color:

Color

Aspect Ratio:

1.85 : 1
See full technical specs »
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Did You Know?

Trivia

Steve James' first Oscar nomination for Best Documentary Feature, following notable omissions like "Hoop Dreams" and "Life, Itself". See more »

Quotes

Himself - Founder, Abacus Federal Savings Bank: Abacus, you know, is the Chinese calculator. China Regards abacus as a national treasure. So we say we'll name the bank Abacus.
See more »

Connections

Features It's a Wonderful Life (1946) See more »

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User Reviews

 
The scapegoat for the 2008 Great Recession
4 June 2018 | by bettycjungSee all my reviews

6/2/18. Another perspective on the 2008 financial debacle. While watching this, you have to wonder if this Chinese-run bank wasn't singled out to be the scapegoat for the what happened during the 2008 Great Recession. Just seemed like an easy target to get picked on, while the mega-banks got away with murder. Granted they had their problems with record-keeping, but they weren't the only ones. So, watch this with that in mind. Oscar-nominated and worth catching.


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