Inside Job
A film by Charles Ferguson
Democrats Abroad Guatemala will present the film Inside Job, which attempts to provide a comprehensive portrayal of the worst financial crisis since the Great Depression, on May 23rd at 5:30 PM at Casa Convento Concepción on 4a Calle No 41.
SYNOPSIS
From Academy Award® nominated filmmaker, Charles Ferguson (“No End In Sight”), comes INSIDE JOB, the first film to expose the shocking truth behind the economic crisis of 2008. The global financial meltdown, at a cost of over $20 trillion, resulted in millions of people losing their homes and jobs. Through extensive research and interviews with major financial insiders, politicians and journalists, INSIDE JOB traces the rise of a rogue industry and unveils the corrosive relationships which have corrupted politics, regulation and academia.
DIRECTOR’S STATEMENT
This crisis, which continues to haunt us via Europe’s debt problems and global financial instability, was completely avoidable. Noteworthy is that for 40 years after the reforms following the Great Depression, the United States did not have a single financial crisis. However, the progressive deregulation of the financial sector that began in the 1980s gave rise to an increasingly criminal industry, whose “innovations” have produced a succession of financial crises.
Each crisis has been worse than the last; and yet, due to the industry’s increasing wealth and power, each crisis has seen few people go to prison. In the case of this crisis, nobody has gone to prison, despite fraud that caused trillions of dollars in losses. This film, in less than two hours, will enable everyone to understand the fundamental nature and causes of this problem. Regardless of your individual political opinion, after seeing this film we will probably all agree on the importance of restoring honesty and stability to our financial system, and of holding accountable those to destroyed it.
Democrats Abroad Guatemala will show this film on Monday, May 23rd at 5:30 PM at Casa Convento Concepción on 4a Calle No. 41.
Contribution: Q30.
