INSIDE JOB
Charles Ferguson, Documentary Filmmaker, Inside Job and No End in Sight, believes that the crisis was no accident. His latest documentary, Inside Job, makes the powerful case that an out-of-control finance industry took advantage of a deregulated atmosphere and purposely sought to get rich at the expense of others. Through extensive interviews with financial insiders and government officials, Ferguson crossed the globe to find proof that the financial industry intentionally engaged in unethical behavior. His gripping account of the global recession is sure to evoke feelings of disgust, anger, and concern that this all may happen again unless our regulatory system is changed. Ferguson’s previous film, No End in Sight, was nominated for an Oscar, and Inside Job brought home the grand prize at this year’s awards ceremony.
Click here to watch the Documentary Inside Job
Click here to watch the Documentary Inside Job
No End in Sight
Capitalism: A Love Story
The men who crashed the world
The first of a four-part investigation into a world of greed and recklessness that led to financial collapse.
In the first episode of Meltdown, we hear about four men who brought down the global economy: a billionaire mortgage-seller who fooled millions; a high-rolling banker with a fatal weakness; a ferocious Wall Street predator; and the power behind the throne. The crash of September 2008 brought the largest bankruptcies in world history, pushing more than 30 million people into unemployment and bringing many countries to the edge of insolvency. Wall Street turned back the clock to 1929.
But how did it all go so wrong?
Lack of government regulation; easy lending in the US housing market meant anyone could qualify for a home loan with no government regulations in place. Also, London was competing with New York as the banking capital of the world. Gordon Brown, the British finance minister at the time, introduced ‘light touch regulation’ – giving bankers a free hand in the marketplace.
All this, and with key players making the wrong financial decisions, saw the world’s biggest financial collapse.
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