Inside Job is a documentary about the 2008 economic crisis and subsequent bail out. It marches us through the grim landscape of deregulation of banks and derivatives, the subprime mortgage boom, the bundling of these lousy loans into AAA CDOs, the insuring of these junk investments, the bursting of the bubble and the government bailout. It also names names along the way, putting the responsibility of all this on specific bankers, presidents, treasury secretaries, Federal Reserve chairs, rating agency CEOs, etc. It interviews as many of these crisis architects as possible and although most of them declined to be interviewed it captures them in congressional testimony clips. This movie gives insight into the intersection of government, banking, Wall Street and rating companies — and how actors in those arenas are not always serving the best interest of the 99%.
Tags: banking, economic crisis