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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 (firstname.lastname@example.org)
This film received a standing ovation at the Chicago International Film Festival. At the Q and A after the film the family was as genuine as in the movie. Not only is this a story about government picking on the small guy (small by banking standards) but also a nice movie about immigration and family values. The entire movie was shot while filmmaker Steve James (Hoop Dreams) was unaware if the family or bank would be found innocent or guilty of mortgage fraud. Unfortunately the court proceedings are represented by paintings and live audio, but you still get the feeling of being in the courtroom. Even a couple of jurors are interviewed. Do not expect to sit on the edge of your seat with anxiety but a very interesting, thoughtful film
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