INSIDE JOB: HD Trailer is Out
INSIDE JOB looks like it could be the best film on America’s recent banking crisis yet. Charles Ferguson, who wrote/produced/directed, obviously put a lot of time into this one.
This documentary was no small production. It’s a Sony Pictures Classics documentary. Matt Damon narrates.
And judging by the trailer, this doc looks more daring than previous examinations of the crisis. TBTF was good, but I got the feeling Mr. Sorkin had to bite his tongue on several issues, in order to ensure access to key figures. Not his fault, it’s how the system works.
Film opens Oct 8 in NY and Oct 15 in LA. When it opens here, I’ll be there. Mini corn-dogs and Cherry Coke in hand. My annual trip to the movie theater.
Hat tip to reader jail time.
7 Comments
Kotlikoff: U.S. Financial System Fundamentally Corrupt
http://tinyurl.com/2bp7uo3
No One Left to Sell CDOs To? Sell to Yourself!
Faced with increasing difficulty in selling the mortgage-backed securities that had been among their most lucrative products, the banks hit on a solution that preserved their quarterly earnings and huge bonuses: They created fake demand.
http://www.ritholtz.com/blog/2010/08/no-one-left-to-sell-cdos-to-sell-to-yourself/
Nice blog you got here. Be a shame if anything happened to it.
HFT’s Tyranny Of Stock Markets
“Unfortunately, high-frequency trader interaction with computerized algorithms of large-cap financial institutions is providing opportunities for high-speed, virtually undetectable market manipulation”,
http://tinyurl.com/2bn8jj4
[...] tip Bearish News AKPC_IDS += [...]
From Loan Modification Purgatory to Foreclosure Hell
Wells Fargo put them in a HAMP three month trial modification program in December, and they made all their payments.
http://www.calculatedriskblog.com/2010/09/from-loan-modification-purgatory-to.html
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