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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Inside Job: Exposing Unethical Practices on Wall Street The documentary Inside Job‚ directed by Charles Ferguson‚ explains the financial crisis of the late 2000s that culminated with the Wall Street collapse in 2008. Beginning with a background of the American financial industry‚ the film tells the story of how banking practices caused the eventual global recession. Up until the 1980’s‚ the US financial system was highly regulated‚ at which point began a long period of “deregulation”. One of the
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The Inside Job Jacob Williams Ethics/ 316 November 2‚ 2012 Rodney Sprauve The Inside Job The documentary The Inside Job tells the truth about the downfall of how greed‚ the lack of ethics and poor moral values destroyed the economy of the world. Charles Ferguson deserves an award for bringing the truth to light as well as his narrator Matt Damon. This documentary shows how a lack of ethical values hurt the masses by the poor choices of those in power. It shows how corrupt that the
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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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1: Who is the most to blame for the events depicted in the film? Republicans or Democrats? Is it Government or financial services companies? Regulators who stuck by their free market beliefs? Investors who carelessly took on too much risk? We think that every protagonists of the film are responsible of the crisis. We are going to try to develop the role ➢ We think that the political parties are not the main actors of the crisis. It’s the government in general who don’t take responsibility
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he owner of a large hardware‚ furniture‚ and building centre faced a dilemma regarding how to manage the upcoming wage review process. After two consecutive years of frozen wages‚ employees were impatient for financial progress‚ but there was no extra money in the budget. It was possible to pump savings from upcoming process improvement initiatives into wage increases. However‚ the owner had limited motivation to channel hard-won funds to underperforming employees. On the other hand‚ he was eager
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Identify and discuss the interrelationships among the key factors highlighted in the global financial crisis “Inside Job” has identified two main themes that have been typically responsible for the financial crisis of 2008. Firstly‚ extensive deregulation since 1980s has been largely responsible. Secondly‚ the academia has played a pivotal role in legitimizing deregulation and has hence been indirectly‚ if not directly‚ responsible for the one of history’s biggest financial meltdowns. As far
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The Financial Bubble‚ to 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
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ADMAP REVIEW OF THE MOVIE – INSIDE JOB Rohan Rambhia | PGP-10-155 Inside Job is an exemplary recount of how administrator’s role when exploited to form risky administrative strategies by means of faulty processes lead to a crisis of the stature of the recession of 2008. It is a comprehensive documentary which narrates the history of the collapse‚ not only going into great‚ informative depth about the risk-based strategies that put the global economy on the line‚ but looks back to the rise
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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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