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The Making of Inside Job
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Some of the topics in the movie were covered in the FRONTLINE broadcast "Inside the Meltdown" and in the FRONTLINE broadcast "The Warning." The latter exposed how Brookley Born was sabotaged by Alan Greenspan, Robert Rubin and Larry Summers--the Troika that is directly responsible for the massive fraud perpetrated by the Wall Street crowd.
It is reassuring to see that some members of Congress were competent. Senator Byron Dorgan (D. North Dakota) voted against his own party, predicting that the repeal of Glass-Steagall would lead to massive taxpayer bailouts. On 19 September 2009, Senator Dorgan was interviewed by Scott Simon on "Weekend Edition Saturday." The following is from the transcript at:
<<Sen.Read more ›
Nice blend of Matt Damon's narration and the interviews. Definitely riveting...and troubling. Even more distressing and disturbing for those who have suffered as a result of the financial collapse. Unlike many documentaries that conclude with some specific 'calls for action', "Inside Job" leave viewers awestruck and without a laundry list of what to do or who to call. In any case, very well done and highly recommended. Also, keep an eye on the large and impressive list of those who declined to be interviewed. Their silence was deafening.
I have looked into this quite a bit, and at first I thought it was going to be simply a super sort of Frontline documentary with great photography of Iceland American cities, etc. that integrated well with the interviews and narration.
I think though, that in the end they did a very nice job and there was a freshness to bringing together even the many facts that have been published here and there over the last few years.
I especially appreciated their preciseness about the clear warnings of the impending economic "tsunami" from respected scholars and the International Monetary Fund and European Finance Ministers and how these were brushed aside by the old-boy network of Washington and Wall Street. As they sing in the Opera Evita, "When the money keeps rolling in, you don't keep books." There were more warnings than they presented in the film. I would have included those by Kevin Phillips for example. But the film had enough to make its points.
I also very much appreciated that they brought out the really terrible conflicts of interest among professional academic economists at universities. They did not go deep enough for my tastes, but at least they got into it.Read more ›
The movie dissects the origin and development of the mortgage bubble, it's meltdown and the resulting world recession which resulted in 30 million people losing their jobs. Like Michael Moore's documentaries, Inside Job is composed of ambush interviews, news clips and comments most of the key players who declined to be interviewed and by critics of banking practices and regulatory failures beginning with the Reagan administration and continuing until the world wide economic crash which began at the end of the Bush administration in 2008.
The documentary takes viewers step by step through the developments, beginning with deregulation debacle in the savings and loan industry under Reagan and continuing through subsequent administrations including, importantly, the repeal under Bill Clinton of the Glass-Steagall Act which had required the separation of banking and riskier securities trading activities since 1933. The elements leading to the housing bubble and the financial meltdown were deregulation of the banking industry, securitization of the mortgage industry through the creation of mortgage derivatives, excessive bank leverage creating excessive risk and failure of the bond rating houses to accurately assess the risk brought about by securitization of subprime mortgages.
The movie is similar to several of Michael Moore's movies such as "Wall Street, A Love Affair.Read more ›
Most Recent Customer Reviews
It's very informative on the world of finance. I would tell everyone to watch at.least once help understand the financial worldPublished 5 days ago by beth
Wish I could give zero stars. I thought I would receive an actual dvd, when I realized it was only an addition to my digital library I tried to cancel and was told I could not... Read morePublished 6 days ago by Nina Pryor
The information of how everything happened was very enlightening and a tremendous eye opener to our current problems with money and politicsPublished 6 days ago by nicholas paino
With this movie I came to understand more of my society and what went down. It was hard watching and not be angry but more aware of how the world is being run.Published 10 days ago by Amazon Customer
Awesome documentary. I highly recommend it for those interested in the banking debacle of 2008. I learned a lot from it. A pitty the GOP hasn't learned from this past mistake.Published 12 days ago by Michael J. Boyle
Most eye opening documentary I have ever seen.This really hit me at my home and my familyPublished 13 days ago by johnwilliams