- Summary -
Director : Charles Ferguson
Year Of Release : 2010
Principal Cast : Various, narrated by Matt Damon
Approx Running Time : 118 Minutes
Synopsis: A dissection of the events, people and decisions which led to the Global Financial Crisis of 2008, a crisis which very nearly plunged the world into another Great Depression.
What we think : Inside Job will make you angry. Really angry. A powerful indictment on the financial sector which drove everyone into the Global Financial Crisis, the film uncovers the festering scab of greed, corruption and financial mismanagement that literally brought the world to its knees. If this doesn’t make you question your home loan, your financial institution, or even wary of any shift in economic propriety, then you’re living with your head in the sand.
Greedy f@kcin’ Americans.
As an outsider looking in, Inside Job is an infuriating, rage-fueled, searing example of how a few peoples’ greed has nearly plunged the world into the financial stone-age. Back in 2009, the world learned a new phrase: “global financial crisis”. Major banks, lenders and other financial institutions, most of whom were based in New York’s Wall Street, began to collapse, writing off millions, nay billions of dollars of bad debt in the bizarrely named “subprime mortgage” market. During the GFC, we also learned several new phrases, the most egregious being the “debt ceiling”, which only recently closed the US Government since it could no longer pay its workers to… you know, work. For the average person, the GFC saw pension plans evaporate (my own parents were effected to a small degree), stocks and bonds crash through the basement, and families forced to walk away from their houses as the money dried up. The shadow of Michael Douglas’ Gordon Geko, in Wall Street, berating students that “greed…. is good”, cut the financial institutions of America off at the knees, sending a tsunami of pain and suffering across the globe. It plunged Europe into a crisis – anybody remember Greece threatening to pull the plug on the black hole of financial ruin across the continent? – and forced millions upon millions of people around the world to the unemployment line. That tsunami, as ethereal as several dollars on a server somewhere, still continues to reverberate around our planet.