many people to blame For this week’s movie we had to watch: The Inside job and reflect upon it‚ for example give your opinion‚ give new insights and determine the ethical issues that occurred during the movie. Last week we saw The Company due to this movie I learned the meaning of ethics namely: where the law stops‚ ethics begins. I am curious if The Inside job is as interesting and mind blowing. After watching the Inside Job I have to say that I was a little depressed‚ it is really unbelievable
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1 - Summary - Inside Job - Introduction - 1)Inside Job opens with a case study of Iceland‚ a nation that was possessed by the cancer of free radical finance. 2)Iceland was stable – low crime‚ strong education‚ strong stability in social and financial systems. 3)Multinational corporations such as Alcoa were then allowed to come into Iceland and install their business thereby disrupting the integrity of the system. 4)Three of their largest banks were privatised and in only five years‚ they combined
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called “Inside Job” narrated by Matt Damon created in 2010. The documentary is well-known for providing a comprehensive analysis of the 2008 financial crisis. Many people have said that the documentary does a good job of explaining the reasons behind the financial crises. By reading the documentary’s plot summary‚ I was able to find out that the documentary goes into many of the causes of the financial crises. Topics include corrupted politics‚ the housing bubble‚ wall-street executives and systematic
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director of Inside Job‚ the progressive deregulation of the financial sector since the 1980s gave rise to an increasingly criminal industry. In fact‚ many executives and leaders that were involved in this meltdown refused to answer questions‚ and some refused to interview for the documentary all together. The financial crisis of 2008 left many of us with many unanswered questions wondering how the most powerful nation in the world ended up with a destructed economy. The documentary Inside Job hunts down
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Inside Job Summary Inside Job is a documentary by Charles Ferguson‚ about the causes of the global financial crisis and revealed what was going on inside the U.S. financial industry during the first decade of the 21st century. The movie highlights the effects of a series of causes beginning in the Regan Administration. These causes most prominently include deregulation that allowed excessive and reckless actions in finance‚ fraud‚ and conflicts of interest. Deregulation allowed the financial
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handful of the top companies went bust or tottered on the edge before being rescued‚ 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
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sector driven by bottomless greed and impervious to its impact on wider society. Perhaps the most depressing aspect of the story is the absence of any sense of lessons learned or evidence of remorse for the tens of millions of people who have lost their jobs‚ savings and homes as a result of the crisis. The story begins in Iceland‚ a stable democratic society described as almost attaining ‘end of history status’. This small‚ prosperous state of 320‚000 people became a basket case almost overnight when
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Taylor Lewis Accounting 03/10/2013 Inside Job The movie “Inside Job” was a very controversial movie. It talked about the financial crisis and how it affected everyone. Personally‚ it made me angry. All of the big companies such as Goldman Sachs‚ Citi Bank‚ Meryl Lynch‚ and many more‚ performed unethical activities. They went behind their customers back to bet against them just to make more money‚ and the statistics don’t lie. From 1978 to 2008 a banker’s regular salary went from $47‚000 a year
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Inside Job is about the causes of the global financial crisis of 2008. It is the effect of a series of causes beginning in the 1970s.These causes most obviously includes - the deregulation that allowed excessive and reckless actions in finance‚ fraud‚ conflicts of interest‚ and sabotage. The result of these actions was a massive decline of financial stability for the global masses and a correspondingly massive incline of financial gain for a minority of heads in high finance and government. It was
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Inside Job the movie Is hard to watch a documentary like this one and not feel angry and frustrated to know that the reason we are in the deep mess we have could have been prevented if a little supervision would have been implemented and the government auditors would have done their jobs with some ethics. Is also true that money is out there for the smart to get and these CEOs used their power and intelligence to acquire big amounts of wealth that affect our economy greatly. Objectively in my opinion
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