An academy award winning documentary movie that is worth seeing as it helps one to figure out why there was such an economic crisis in 2008 and why it is nearly coming back!
The film traces the origins of the crisis through interviews and thorough research of documents that date back to the time of Ronald Regan.
Back then some financial regulations were passed that reduced control on banks and financial institutions and wreaked havoc in investment by favoring the growth of speculation and the emergence of corruption.
Actors: Matt Damon, Narrator. The rest of the cast is actually real-life people such as George Bush and William Ackman.
Director: Charles Ferguson (was an Oscar nominee 2008).
See bottom for links to buy the movie.
The film unveils the role of some academics who were involved in corruption by virtue of them being consultants to corporations besides their academic positions. It also reveals that the new Obama administration has not prosecuted or even replaced the executives who played a role in the 2008 crisis. To the extent that the Obama administration has been touted "the Wall St. administration" Adapted from A.Zahir.
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