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4.7 out of 5 stars
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4.7 out of 5 stars
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on 18 July 2016
a great documentary film that manages to engage audiences and explain exactly what happened in the 2008 financial crash and also show that the problem has not been resolved just brushed under the carpet waiting to happen again at the expense of the middle and working classes while wealth flows towards fewer and fewer organisations and people. Matt Damon lends his voice as commentator to a great project that focuses on the American side of the story sub prime lending and how banks, credit agencies and even government agencies where involved in trying to cover up and exploit the problem.
Using a variety of tools, interviews, explanations of how things work, historical referencing it shows how American society has been building steadily towards this problem with a dramatic finish that concludes well. A decent documentary.
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on 26 June 2016
An excellent in-depth documentary on the causes of the 2008 recession. It explained how some cynical companies and people, some of whom held high positions in the USA, made serious profits while millions of poor people throughout the world suffered as consequence of their actions.The saddest aspect of this is that some of these people and some of the companies got off scot-free. Well worth watching if you can cope with information that makes any reasonable person angry.
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on 25 April 2017
I recently read "Too Big to Fail" by Andrew Ross Sorkin on holiday. It was cited by many reviewers as the best of the financial crisis books and was indeed a very good read. I then decided to buy the dvd of that film (the delivery of which is awaited with interest). Whilst searching on Amazon, "Inside Job" cropped up and so I thought I would give it a look. It is a very good, if somewhat dry, analysis of the issues which led to the global financial crisis of 2008 and the billionaire, mostly egotistical power brokers who ran the major American investment banks. Some of
these characters are still in post. The documentary attempts to rationalize the causes of the crisis and whilst it is easy to hold the "bankers" responsible, for me the ultimate failure was poor, inept and corrupt regulation assisted by weak governance by the Bush and Obama administrations. In particular, the actions, or rather inactions, by Paulson, Bernanke, Geitner and the ratings agencies are shown to have contributed to the crisis rather than assisted its resolution. Complex financial instruments such as CDOs are explained well. Some of the interviews are fascinating viewing as the spineless regulators and other players squirm and wriggle to excuse their inept performance and vested interests. Overall this is a good watch and it adds to the handful of books and films which seek to portray a dark period, the effects of which will be felt by many communities for years to come. See also Too Big to Fail, Narrow Margin and The Big Short.
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on 14 March 2017
It is so easy for us all the think that the global financial crisis was an historical blip that was soon cleared up. Well this will make you think again. It was SERIOUS. This film tells the story of the greed and incompetence on a massive scale that caused the crisis. I won't say much more here as this film is a "must see".
Matt Damon's narration and some of the music really add to the film. And, what better music could it open to than "Big Time" by Peter Gabriel.....
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on 21 December 2016
Watch this, brilliant
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on 15 December 2016
Excellent
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on 30 April 2017
A deeply disturbing insight into the sheer fraud, complicity and deviancy rife within the banking industry and most concerning of all...how little has been learned from the crash
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on 1 August 2016
If there ever was a clear statement about the extent of corruption in the American financial markets, this is it. The openness of the problem and the lack of solutions makes it clear that the next crisis is not far away.
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on 25 August 2016
Excellent informative documentary film.
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on 3 March 2017
Unbelievable movie. Directed with intelligence, tact and ingenuity. Highlight of the production was the interviews that were conducted with the highest level of sophistication, was a pleasure to watch!
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