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Inside Job

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IMDB Users Rating:

A comprehensive analysis of the 2008 global financial crisis, 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 caused global financial collapse. It traces the rise of a rogue industry which has corrupted politics, regulation, and academia.
Production Status:     In Production/Awaiting Release
Genres:     Documentary
Running Time:     1 hr. 48 min.
Release Date:     October 8th, 2010 (limited)
MPAA Rating:     PG-13 for some drug and sex-related material.
Distributors: Sony Pictures Classics
Production Co.: Representational Pictures
Filming Locations:
United States
Iceland
Singapore
China
France
United Kingdom
Produced in:     United States

IMDB Users Reviews:

Author: bagabaga77-1 from New Zealand
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.

Author: elisafranco440 from Italy

A free market, some argue, has always been the key to the success of the United States. So believed Greenspan and all the main financial chiefs of the last decades. A free market will just regulate itself and allow the economy to flourish in the right directions. This theory never made much sense to me, but I am an engineer, not an economist, so I had to suspend my judgment. After watching this excellent movie, it is now crystal clear to me why the whole system collapsed. It is precisely because the derivatives market was highly unregulated: no feedback mechanism between the credit institutions, rating agencies and the investors who bought all the junk securities; even worse, banks themselves where borrowing ridiculous amounts of money relative to their assets. To make a down to earth comparison, it’s like if you were driving on the freeway with your eyes closed, at full speed, and little fuel in the tank. You will crash at some point. Unless someone throws you a giant parachute. (Which is what happened with the bailouts.) The movie also touches on the disturbing role that the academic world played into this. A generation of future leaders was (and probably still is) taught to believe in the unstable financial structure, that has been progressively created since the seventies. This, without full disclosure of the financial conflicts that several faculty members have, being on the board of big financial giants, or their direct consultants. I wish most Americans watched this movie.

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