documentary 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
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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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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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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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ANALYSIS OF THE DOCUMENTARY MOVIE “INSIDE JOB” Basic Information about Documentary: Directed by Charles Ferguson Produced by Audrey Marrs Charles Ferguson Narrated by Matt Damon Music by Alex Heffes Cinematography Svetlana Cvetko Kalyanee Mam Editing by Chad Beck Adam Bolt Distributed by Sony Pictures Classics Release date(s) May 16‚ 2010 (Cannes) October 8‚ 2010 (United States) Running time 108 minutes Country United States Language English Introduction: US Financial crises in 2008 hit all economies
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Inside Job The documentary‚ “Inside Job” goes into detail about the various organized corruptions that took place in the US society and in Iceland. This documentary gives a stimulating analysis of the global economic financial crises of 2008‚ which resulted in people losing their job and homes. With this happening‚ it put the US in one of the worst financial states since the great depression. These factors nearly resulted in a global economic collapse. The key aspect of the film is the extensive
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issue. My personal thoughts on this issue: After watching all five parts of the movie‚ I think the global economic crisis key factor was caused by deregulation which began since Reagan administration‚ because it contributed to the real estate bubble and allowed greedy and overpaid banks to go on unreasonable leverage. Regulatory bodies allowed privatization of the banks‚ dropped the regulations that limiting the investments of the banks and amounts they could borrow. The banks‚ Wall Street traders
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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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have the choice to close your account before the trial period ends. 1. Watch the movie “Too big to fail” and answer the questions attached here. 2. Watch the movie “Inside Job” and answer the questions attached here. ( Watch here for free: http://vimeo.com/57527797 ) 3. Read the article “The Article “Canadian Housing Bubble? 9 Signs We’re In For A Major Correction”‚ and answer the questions at the end of the article. Here is the link to the article: http://www.huffingtonpost.ca/2013/11/11/canada-housing-bubble_n_4255889
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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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