A small financial institution called Abacus becomes the only company criminally indicted in the wake of the United States' 2008 mortgage crisis.A small financial institution called Abacus becomes the only company criminally indicted in the wake of the United States' 2008 mortgage crisis.A small financial institution called Abacus becomes the only company criminally indicted in the wake of the United States' 2008 mortgage crisis.
- Nominated for 1 Oscar
- 7 wins & 12 nominations total
Featured reviews
I don't know if you've heard, but the American justice system is probably too cozy with the Big Banks. The beauty of this little doc is that it puts a personal face on the decidedly impersonal numbers, giving a portrait of a family unjustly taking the fall for corporations much worse than them. Especially love the natural comparison it makes to It's a Wonderful Life...because maybe it's not always that wonderful.
Steve James is a very famous documentarian who was robbed when his master work "Hoop Dreams" was inexplicably ignored by the Oscars in the Best Documentary Feature category in 1994. His later films included "Stevie", "The Interrupters" and the moving record of Roger Ebert's last days, "Life Itself". And now finally the film that brought James his first nomination for Best Documentary Feature.
"Abacus: Small Enough to Jail" is an excellent documentary that centers on the Abacus Federal Savings Bank, a family-owned community bank in Manhattan's Chinatown which became the only bank to actually face criminal charges following the 2007 mortgage crisis - and only because it was deemed not 'too big to fail', an incredible injustice by the U.S. Justice Department merely looking for a scapegoat. But the film is not primarily socio-political; it is, in fact, a 'David vs. Goliath' story of the court battle of the Asian family's defense for their honor against the gigantic U.S. government, and, without shying away from showing the family's internal squabbles and moments of weakness, the film documents the difficult daily sacrifices necessary for them to stand up for their principles.
Perhaps some will find this too much a 'standard' documentary, but I feel the story and characters interesting enough not to necessitate a stylistic 'hyping up', and, as is, the film perfectly captures its time and place while keeping us on the edge of our seats until the final verdict. Critic Matt Zoller praised the director for "finding the universal within the specific", and for the film creating a portrait of Chinatown as a thriving community that "defines itself in relation to...American culture... but never entirely comfortable or accepted." It is also an inspiring film of an immigrant family who struggles to survive through a conflict that they know is virtually impossible over which to prevail - but still they find they cannot submit to what they see as an injustice they did not come to America for. This is a film I truly loved. Don't miss it.
"Abacus: Small Enough to Jail" is an excellent documentary that centers on the Abacus Federal Savings Bank, a family-owned community bank in Manhattan's Chinatown which became the only bank to actually face criminal charges following the 2007 mortgage crisis - and only because it was deemed not 'too big to fail', an incredible injustice by the U.S. Justice Department merely looking for a scapegoat. But the film is not primarily socio-political; it is, in fact, a 'David vs. Goliath' story of the court battle of the Asian family's defense for their honor against the gigantic U.S. government, and, without shying away from showing the family's internal squabbles and moments of weakness, the film documents the difficult daily sacrifices necessary for them to stand up for their principles.
Perhaps some will find this too much a 'standard' documentary, but I feel the story and characters interesting enough not to necessitate a stylistic 'hyping up', and, as is, the film perfectly captures its time and place while keeping us on the edge of our seats until the final verdict. Critic Matt Zoller praised the director for "finding the universal within the specific", and for the film creating a portrait of Chinatown as a thriving community that "defines itself in relation to...American culture... but never entirely comfortable or accepted." It is also an inspiring film of an immigrant family who struggles to survive through a conflict that they know is virtually impossible over which to prevail - but still they find they cannot submit to what they see as an injustice they did not come to America for. This is a film I truly loved. Don't miss it.
This documentary had me fuming. The Too Big to Fail Banks got off scot-free, and actually made money from the crisis they created. Meanwhile, a bank catering to a migrant community, who tries to do the right thing gets screwed by an overzealous, politically motivated DA.
10Jimmymle
This documentary shows you how politically motivated are the justice system. Rather than picking on banks that defrauded American trillions of dollars, they choose to indict a small family bank in Chinatown.
T's disgusting when you understand the scope of what the mortgage crisis did to America and not surprising that the only ones prosecuted were Chinese-American.The DAs in this film looks like pompous legal heavy hitter-wannabes tainted by self-righteous vain-glories.
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.
Storyline
Did you know
- TriviaSteve James' first Oscar nomination for Best Documentary Feature, following notable omissions like Hoop Dreams (1994) and Life Itself (2014).
- 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.
- ConnectionsFeatured in The Oscars (2018)
Details
- Release date
- Country of origin
- Official sites
- Languages
- Also known as
- Banken som fick skulden
- Filming locations
- Production companies
- See more company credits at IMDbPro
Box office
- Gross US & Canada
- $113,278
- Opening weekend US & Canada
- $12,528
- May 21, 2017
- Gross worldwide
- $113,278
- Runtime1 hour 28 minutes
- Color
- Sound mix
- Aspect ratio
- 1.85 : 1
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Top Gap
By what name was Abacus: Small Enough to Jail (2016) officially released in India in English?
Answer