INSIDE JOB: UK RELEASE 18 FEBRUARY 2011
INSIDE JOB has made the short-list in the Documentary Feature category for the 83rd Academy Awards. From Academy Award®-nominated filmmaker, Charles Ferguson (“No End in Sight”), comes “INSIDE JOB,” the first film to expose the unrelenting 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, while imperiling the economic stability of nearly every developed country from the United States to Iceland to China to Greece. Through extensive research and interviews with highly regarded financial insiders, politicians and journalists, the film traces the rise of a rogue industry and unveils the corrosive relationships which have corrupted politics, regulation and academia.
Narrated by Academy Award® winner, Matt Damon, ”INSIDE JOB” clearly presents the often infuriating story of a “Wall Street government,” and defines how the recent financial crisis was, in fact, an “inside job,” executed collectively by bankers, politicians, rating agencies, bureaucrats and professors. They utilized deregulation to create and tout complex financial derivative and securitized instruments – known to some as “weapons of mass destruction” – to benefit their own personal bank accounts, while turning a blind eye as the subprime mortgage market tanked, wiping out the life savings of many on Main Street. As stated in the film, “this crisis was not an accident.”
