Akash Agarwal ACCTG 2600 – 005 The documentary Inside Job does a very good job of explaining what happened in a relatively short period of time and in an accessible way. The film also has compelling villains and outrageous behavior that is bound to engage and enrage viewers. It ’s basically an overview of the financial crisis of recent years‚ which we are still recovering from. The thesis seems to be that the regulations that were put in place after the Great Depression have been systematically
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This Documentary is about the economic recession of 2008. How it happened and where do we stand now. It is made in American context since the collapse of the global economy was triggered by the collapse of a few American Financial institutions provides an in depth analysis and investigates the reason that lead to the collapse of the global economy. It begins by providing us a real life case of Iceland. How Iceland moved from a very successful and developed country to a country that is now in debt
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"Inside Job" is a 2010 documentary film about the financial meltdown of 2008 directed by Charles H. Ferguson. The film successfully answers the question "How did the housing bubble burst?" by exploring the changes in the policy environment as well as the banking practices helped create the financial crisis. The film focuses on changes in the financial industry in the decade leading up to the crisis‚ the political movement toward deregulation‚ and how the development of complex trading such as the
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Inside Job: Documentary Analysis Submitted to: Prof.Pramod Paliwal Submitted by: Meghavi Patel (20111030) The documentary is divide into five Parts‚ this write up describe my overall understanding of the documentary. In 5 year period of time 3 banks borrowed 120 million dollar which is ten times the size of the Iceland economy. Till the year 2006 anyone and everyone could get loans easily even if their document were not up to the mark‚ lenders did not care if the borrowers were unable to repay
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I think the inside job done a great job on the movie. They proved the more money one has the least amount of trouble they will get into. They should receive the same punishment as a low class citizen would get. There are pros and cons about bank giving loans to people who have no or bad credit. If they can afford the payment than yes. If someone cannot make the monthly payment then no. Banks should not be able to sell our mortgage to another company without out our permission. It happened to
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Movie Review of “INSIDE JOB” “Earth provides enough to satisfy every man ’s needs‚ but not every man ’s greed‚” said Mahatma Gandhi and this is somewhat the crux of this movie. Inside Job is directed by Charles Ferguson‚ and it highlights the reasons and the consequences of the global financial crisis of 2008. This movie is basically related to recession that was caused by the inefficiency of the industry and the unfavourable banking practices. The director has conducted several interviews and
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INSIDE JOB. " Was the 2008 MELTDOWN avoidable?" Memorandum of Transmittal To: Sir Azmat Ahmad Ansari From: Syeda Benazir Burhan Date: 28/2/2013 Subject: Analytical Report on the Documentary ’Inside Job’ In response to your request of 14/2/2013‚ I have analyzed the documentary Inside job. I’m pleased to present enclosed report‚ which summarizes the financial break down in the year 2008‚ described in the documentary. Based on my analysis‚ the subject of Inside Job is the global financial crisis
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Inside Job Movie Synopsis Part I: How We Got Here: The Reagan Administration of the United States began a thirty-year-period of deregulation by the legislators in the financial system. Deregulation allowed the financial sector more freedom and less discipline‚ which provided more opportunity for profit and risk. Reflecting the profit growth resulting from deregulation‚ investment banks went from small‚ private firms to public companies. To illustrate the growth of the financial sector beginning
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INSIDE JOB‚ DOCUMENTARY 1. Two pages summary of the movie. The movie is divided into five parts. The first part (How we got here): the movie explains how the economy used to be after the great depression. At first the financial industry was highly regulated. Banks were prohibited from speculating in depositors’ savings and investment banks were small and private partnerships hence‚ this structure reduced the risky activities. However‚ the Reagan administration started a 30 years period of financial
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thousands went homeless or jobless on fake promises and billions were earned by top executives who took the maximum advantage of lobbying the system to work for them. What‚ how‚ when and why are the questions being answered in this movie‚ “The Inside Job”. An introduction to the whole crisis starts with what had actually happened. The housing boom in the 2000’s lasted for almost a decade. This was mainly due to the bundling of American subprime and prime housing loans so as to make it seem like
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