Top positive review
Informative, yes -- Realistic, Not Yet Convinced
on March 10, 2016
Informative presentation on the economic catastrophe of 2008. I rate 4 stars only because it helped me gain a more informed perspective of what happened and why. However, I did get the feeling that quite a bit has been left out or just plain misrepresented. The writer(s) presents a mixed character portrayal of the key government officials involved in this pivotal period of our nation's history (Paulson, Bernanke, Geithner, etc...), On the one hand, but the Treasury Dept., and other key agencies were portrayed as defenders of the union, creative problem-solvers, and highly motivated to literally save the country. On the other hand, these same officials were caught completely off-guard, thereby inferring that there was some incompetence and negligence that resulted in the tragic vulnerabilities for our country, and the cruel exploitation on the part of Wall Street hooligans. Even more, the movie is almost completely focused on government banking and monetary officials. What was the involvement of the executive branch in support of Paulson and others? White House involvement is incredibly sparse in this movie. The congress is presented as being short-sighted and blinded by party politics. (Well I guess I do believe that the congress actually acted as portrayed in the movie). In general, I only hope that much of what is portrayed was not the case in real life, The final nail in the something must be missing theory is the naiveness (of Paulson and others reflected) in the decision to "trust" banking industry leaders to use the bailout money as intended -- Really??? I think it would be more believable if Paulson or members of his staff had made a deal for kick-backs in return for the free money that had been awarded to the Wall Street gang. Oh well, guess I will have to wait a while longer to either get the real story, or to be convinced that this movie really is how it happened.