Remove ads

Information

Year
2010
Runtime
109 min.
Director
Charles Ferguson
Genres
Crime, Documentary
Rating *
8.3
Votes *
50,666
Checks
7,829
Favs
482
Dislikes
28
Favs/checks
6.2% (1:16)
Favs/dislikes
17:1
* View IMDb information

Top comments

  1. Neville's avatar

    Neville

    An impressive doco that doesn't tell the whole story and treats some politicos and execs in either a too dark or too heroic light . Two examples:

    1. It doesn't quite explain why government would have wanted to appoint/re-appoint the culprits. There was something more at work than just corruption, kickbacks and slack regulation. One has to remember that almost all the key players including Greenspan and three US Presidents thought that making housing within the reach of more people was good policy. Fannie Mae and Freddie Mac were quasi-governmental agencies charged precisely with raising the numbers of subprime mortgages. Stopping them at the time would have looked like political suicide, since the government policy was popular with voters. (The policy in fact goes back as far as President Roosevelt and the New Deal.)

    Similarly, complex financial derivatives like CDOs and CD swaps were thought in fact to offer protection against catastrophic loss and systemic instability. So the "system" offered incentives and rewards including positions of political and financial influence. It's also quite normal business practice to "bet against" the financial product you're selling someone else. If you're going to play the derivatives market, this is something you learn at the outset. It's exactly what hedge funds are set up to do.

    2. Congressman Barney Frank comes across in a fairly rosy light as a kind of whistleblower, and isn't subjected to the kinds of cross-examination most of the other "culprits" were.. The doco didn't dwell too long - if at all - on Frank's involvement in Fannie Mae etc., as one of the principal architects and benefiters of subprime mortgage securitization.
    8 years 2 months ago
  2. frankqb's avatar

    frankqb

    While the film treats its subject matter in anything but a fair way, it does nonetheless succeed in making its central argument of theft and needed reform quite convincing. The film-maker knew his material inside and out and made most of it quite clear. This is not however a film that is easy to follow for those with no prior experience in the field, I would say. 8 years 2 months ago
  3. -TJ-'s avatar

    -TJ-

    Ive shaken my head so much time in astonishment of the presented facts.
    What really shocked me was that Obama appointed the same people that were responsible for the crisis.
    8 years 6 months ago
See all comments

Friends

Login to see which of your friends have seen this movie!

Activity

  1. llkclouis and nfetner checked this movie 1 day 11 hours ago
  2. piverfai favorited this movie 3 days 12 hours ago
  3. piverfai checked this movie 3 days 12 hours ago
See more activity

In 3 official lists

  1. This movie ranks #38 in IMDb's Documentary Top 50
    IMDb's Documentary Top 50's icon

    IMDb's Documentary Top 50

    38
  2. This movie ranks #162 in Sight and Sound -The Greatest Documentaries of All Time
    Sight and Sound -The Greatest Documentaries of All Time's icon

    Sight and Sound -The Gre…

    162
  3. This movie ranks #379 in The 21st Century's Most Acclaimed Films
    The 21st Century's Most Acclaimed Films's icon

    The 21st Century's Most …

    379
View all lists this movie is in