This film portrayed a horrific set of circumstances in a measured and brilliantly illustrated manner. The economic issues were explained by clear, understandable graphs. Many major players appeared on camera to their detriment. The few that didn't appear were shown through press clips. The most awful scene to me was the footage of the tent city with unemployed, lost and bewildered American workers, their jobs lost directly because of the antics of the Wall Street monsters. It could easily happen here in Godzone. Highly recommended.
Inside Job (2010) 1080p YIFY Movie
The Synopsis for Inside Job (2010) 1080p
'Inside Job' provides a comprehensive analysis of the global financial crisis of 2008, which at a cost over $20 trillion, caused millions of people to lose their jobs and homes in the worst recession since the Great Depression, and nearly resulted in a global financial collapse. Through exhaustive research and extensive interviews with key financial insiders, politicians, journalists, and academics, the film traces the rise of a rogue industry which has corrupted politics, regulation, and academia. It was made on location in the United States, Iceland, England, France, Singapore, and China.
The Director and Players for Inside Job (2010) 1080p
The Reviews for Inside Job (2010) 1080p
Economics explained beautifullyReviewed bybagabaga77-1Vote: 10/10
It was the last thing I wanted to see as the holiday Season sets off: A documentary explaining the World wide economic depression. But it was probably something I should have put before, say, "Burlesque." This is a serious film that has no particular political axe to grind in terms of "Republican" vs. "Democrat" since each successive administration beginning with Ronald Reagan is thrashed for bowing down to Wall Street rather than protecting American citizens from the most immoral graft and greed, that I can remember in my 60 years as a U.S. Citizen. While it's true that "deregulation" is the hue and cry of one particular political party, what occurs with investment and banking firms is so entwined with our national representatives, that it does no good whatsoever to point fingers at one party. The film opens with the simplest explanation of the impact of investment banking firms in the tiny country of Iceland. When investors move in and create a financial "bubble" for the sole purpose of letting it burst while taking off with enormous profits for themselves, the opening credits then start and introduce us to the players who would come to power with Reagan (Volker and Greenspan) and remove restrictions that had been put in place?we should all remember for good reason; regulations were set up because people had abused an open market?we see the rise and fall of the U.S. economy which became based on nothing but investment since all our "production" had been poorly managed and sent abroad, i.e. steel, automobiles, etc. What was left was goods and services and a tiny, though prosperous, "information technology." When Reagan gutted regulation and regulatory agencies, a system of credit developed where finance agencies sold risky loans to entities, and at the same time "bet" on those loans to fail, setting up a situation that the more risky the loan, the bigger the profit for lender. Various "talking heads" and bar graphs come across the screen, and they're all helpful in explaining what happened. But it's the deeply amoral points of view that get stated by people who were or are still in control of the financial banks and markets of this country that really appall. And we're left with a sense of outrage and not more than a little sense of futility because there's nowhere to go for either compensation or redress. At the end of the film "Fair Game" about another kind of government takeover, we're given a civic's speech about how the country belongs to the people and it's up to us to make it work. Here, in "Inside Job" there's nothing anyone can do. We elected a president who was sent to prevent the problem from happening again, but instead he appoints many of the same people who set up the situation and profited from the first round. I didn't find the small section of the film describing the "type A" personality of the players involved who use prostitutes and drugs to be either relevant or convincing. We see a former call girl allude to many in the financial world, but so what? There's a small dig at Elliot Spitzer, but he offers it himself. As well, we're given a psychiatrist who "can't reveal names" but can say for certain many in the financial industry are addicted to drugs and prostitutes, but so are many outside that world. It came across as a cheap shot in a film that brings forward many significant players (and names many who refused to appear in the film) and exposes them for what they are. They need no further tarnishing. I did see one area that could be addressed as a beginning of reform. Various economic professors who are brought from institutions of higher learning to "advise" the government and then return to their teaching jobs aren't?for baffling reasons?prohibited from making profit off the policies they recommend. That needs to be stopped. In most disciplines, university professors can't use their research and publications for personal gain. Those in the field of economics need the same kinds of restrictions. And students should demand it. We should all demand a lot more than we're getting from our government, but I guess we hope we're going to be one of the few to reap those enormous profits (which is a real sucker's bet). It's baffling and infuriating to watch this film and walk out into the light of day where the practices on display are still going on.
Charles Ferguson's "Inside Job" is strong, fair, and rational. The director tries mightily to untangle the complex architecture of the financial meltdown that has cost millions their jobs, their homes, and their savings. If you consider skipping it because it sounds boring, please think again. My blood is still boiling. Why does this documentary leave us sunk in despair? Because it confirms the certainty that there is no one left we can trust. The fact that much of what brought the economy to its knees was legal, not criminal, signals a financial sector run by ethical nihilists who will pursue every legal loophole to enrich themselves. Human nature, you say? Then bring back the stringent regulation that gave the industry forty years of reasonable corporate success before Reagan era deregulation. The schoolyard bullies need supervision. America's bubble of private gain and public loss was pierced by the collapse of Lehman Bros. and AIG. Banks merged into "too big to fail" behemoths; safeguards were overturned; regulation of derivatives was banned; This vacuum quickly filled with money laundering, defrauding of customers, cooking the books, and stuffing of the pockets of top officers with money. Larry Summers took 20 million as adviser to a hedge fund. Lehman's CEO took 485 million, the CEO of the failing AIG 315 million. Fired by Merrill, CEO Stan O'Neal departed with a severance bonus of 161 million. When Mortgages were bundled and sold to the bloated investment banks, lenders no longer cared if they were repaid. Goldman, Lehman, and Merrill were all players. Summers, Bernanke, and Geithner all stood against corrective measures and would play pivotal roles in the Obama administration. Absent limits on the impulsive risk takers, Wall Street plunged into personal pleasure. There was never enough: penthouses on Park, private jets (six for Lehman alone), vacation homes, art collections, drivers, private elevators, drugs, alcohol, strip bars, and prostitution - one private supplier within spitting distance of the stock exchange counted 10,000 men among her customers.. Three ratings agencies made fortunes bestowing unwarranted ratings right up to two days before Lehman failed, later testifying before congress that these were merely "opinions", not guides for investors. The crowning disgrace is the corruption of the universities. Business school professors consult with companies. Glenn Hubbard, dean of Columbia Business School, takes $250,000 as a board member of Met Life. Larry Summers, back at Harvard, continues to rake in consulting and lecture fees. The presidents of Harvard and Columbia refused comment. You will appreciate the honesty of Raghuram Rajan who wrote strong warnings and French Finance Minister Christine Lagarde, who spoke with disgust of the debacle. It used to be that respected academics could be counted on to be the conscience of democracy. Now they are reduced to being interchangeable components in the conflict of interest chain that links business/government/university. Credit Charles Ferguson with a superb investigation and give thanks that we still have a free investigative press to wake the sleeping citizenry.