Customer Review

38 of 40 people found the following review helpful
5.0 out of 5 stars Superb piece of polemical film-making, 18 Mar 2011
This review is from: Inside Job [DVD] [2011] (DVD)
I've seen this film twice now and can't recommend it highly enough. It covers much of the same ground as Whoops!, but with much greater focus on America in general; and the way that investment banks, the government, and academia are cosily interlocked in particular.

The opening six minutes - a potted history of Iceland's deregulation and subsequent near-collapse - should be required viewing for anyone arguing that the UK (or anywhere else) is "over-regulated", as some of our political leaders have been doing at the time of writing.

The film makes no attempt to present a balanced view (though I've yet to come across any counter-argument from any other source either). The interviews are either with people heavily supportive of the film's basic premise, who are just allowed to talk; or (heavily edited) sessions with some of the key supporters of the banks who get asked some very awkward questions and have to squirm whilst the camera keeps rolling. It's fun to watch their discomfiture and hard to feel any sympathy when you find out just how rich these people are, and remain. There are also highlights of some of the Congressional hearings that followed the 2008 crisis, one of which neatly sums up the (continuing) problem: that the banks are very sorry for what they have done and promise not to do it again - just the same kind of response you'd expect from a bank *robber* if they were caught.

The explanation of the cause(s) of the crisis - whilst helped a bit by some fancy graphics - is neither as lucid nor as entertaining as Whoops!, but the central argument of the film is very powerful and in places breathtaking. (When I saw this at the cinema there were gasps from the audience at several points). This is particularly true of the end when it is made clear that, despite the branding, things haven't changed (and aren't likely to) under the Obama administration.
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