Goldman Sachs<\/a><\/strong>. The film traces the genesis of the problem as it grew, examines the reasons why and talks to people around the globe to provide a broader perspective.<\/p>\nIt is well-researched, authentic and gripping even though the main events took place more than two years ago. The film does not attempt to over-dramatise – it does not have to, the events it details are sobering enough in themselves. But hyping up things is a common failing of filmmakers and TV channels and by avoiding this altogether, the filmmaker emerges with a product that provides a more compelling viewing experience.<\/p>\n
Telling the truth about the US of A is a difficult job; the country has done a magnificent job of selling itself as the greatest on the earth. Yet what we see in this film is a nation that is corrupt to its very soul, one where money is the only thing and everything, one where seemingly educated men behave like criminals, one where tenured professors turn into professional thieves with not a shred of integrity.<\/p>\n
The magnitude of theft that took place to cause the crisis is amazing. Yet nobody went to jail; they were all bailed out and those in favour, like the Goldman Sachs bosses, continue to grow richer. At one level the film leaves one feeling sick inside; at another level, one is left with a profound feeling of respect for the filmmaker, the researchers and the narrator for making the tale one that is easy to comprehend, one that does not trivialise or sensationalise, one that seeks to educate above everything else.<\/p>\n
And putting Damon behind the mike adds to the film in no small way – he is one of the few Hollywood stars who has integrity and puts his money where his principles lie. Inside Job is well worth the price of the ticket.<\/p>\n","protected":false},"excerpt":{"rendered":"
IT hit the world in September 2008 but the effects of the financial crisis, that was precipitated by the failure of Lehman Brothers, continue to haunt the world to this day. Apart from a minority of countries that are not closely connected to the global economy – some African countries, for example, the rest of … <\/p>\n
Continue reading “Understanding the GFC”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":""},"categories":[6,3,42,28],"tags":[],"class_list":["post-291","post","type-post","status-publish","format-standard","hentry","category-america","category-australia","category-banks","category-politics"],"jetpack_featured_media_url":"","jetpack-related-posts":[{"id":6,"url":"https:\/\/sams-blog.com\/?p=6","url_meta":{"origin":291,"position":0},"title":"The video library - a dying species","date":"November 12, 2009","format":false,"excerpt":"LAST night, after nearly six months, I dropped in on my local video library to kill some time by browsing around while my son was at his karate class. It's never hit me so hard - this business is badly out-of-date. Most of the new releases were ones I had\u2026","rel":"","context":"In "America"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":26,"url":"https:\/\/sams-blog.com\/?p=26","url_meta":{"origin":291,"position":1},"title":"A film that leaves the rest for dead","date":"December 13, 2009","format":false,"excerpt":"AT TIMES one encounters a work of art so finely crafted, a work that leaves one so satisfied, that thereafter one cannot view anything of the same genre and experience a similar sense of satisfaction. The film Syriana is one such work which transcends practically every superlative and leaves one\u2026","rel":"","context":"In "America"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":70,"url":"https:\/\/sams-blog.com\/?p=70","url_meta":{"origin":291,"position":2},"title":"When will the US economy collapse?","date":"November 18, 2010","format":false,"excerpt":"PRESIDENT Barack Obama recently did something that no other chief executive of the US has in recent times - he came around with a begging bowl to countries in Asia, asking them to increase their exports of American goods so that more jobs would be created in the United States.\u2026","rel":"","context":"In "America"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":4937,"url":"https:\/\/sams-blog.com\/?p=4937","url_meta":{"origin":291,"position":3},"title":"Killing people remotely: the fallout of the US war on terror","date":"September 11, 2021","format":false,"excerpt":"National Bird is a disturbing documentary. It isn't new, having been made in 2016, but it outlines in stark detail the issues that are part and parcel of the drone program which the US has used to kill hundreds, if not thousands, of people in Afghanistan, Pakistan, Iraq and a\u2026","rel":"","context":"In "Afghanistan"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":5048,"url":"https:\/\/sams-blog.com\/?p=5048","url_meta":{"origin":291,"position":4},"title":"Branagh's Death on the Nile is an insult to Agatha Christie","date":"February 27, 2022","format":false,"excerpt":"After viewing the film Death on the Nile which was released this month, one just has a single question: why was this film ever made? It is a terrible effort, one that takes the plot of a well-written book by a famous author, makes ludicrous changes to suit Hollywood's woke\u2026","rel":"","context":"In "England"","img":{"alt_text":"","src":"https:\/\/i1.wp.com\/sams-blog.com\/wp-content\/sams-blog.com\/2022\/03\/egypt.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":2204,"url":"https:\/\/sams-blog.com\/?p=2204","url_meta":{"origin":291,"position":5},"title":"It's a bitter pill to swallow: Al Qaeda has won","date":"September 11, 2012","format":false,"excerpt":"Today marks 11 years since Al Qaeda flew planes into the towers of the World Trade Centre in New York and made the US aware that it was not safe on its own soil. Sad to say, the US has used the attacks down the years to curtail freedoms for\u2026","rel":"","context":"In "Afghanistan"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/sams-blog.com\/index.php?rest_route=\/wp\/v2\/posts\/291","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sams-blog.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sams-blog.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sams-blog.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sams-blog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=291"}],"version-history":[{"count":0,"href":"https:\/\/sams-blog.com\/index.php?rest_route=\/wp\/v2\/posts\/291\/revisions"}],"wp:attachment":[{"href":"https:\/\/sams-blog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=291"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sams-blog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=291"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sams-blog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=291"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}