Friday 18 February 2011

Inside Job

This is the first documentary I've watched in the cinema since that one with the penguins, which is slightly disconcerting as normally you watch documentaries on the telly at home. It's a fair enough summary of what led up to the 'financial crisis', but you have to keep your wits about you as the plot jumps back and forth, it's full of flash-forwards and flash-backwards and evocative cutaway shots of New York etc filmed from a helicopter.

The real nuggets in the film are the interviews with various relatively senior people from the Home-Owner-Ist financial services lobby, whom the interviewer manages to trip up in their own contradictions and half-truths.

Dumbest of them all is former Fed Governer Frederic S Munchkin who is frighteningly stupid. In one section, he answers a direct question with "Yes" but then realises what he has admitted and keeps backtracking and backtracking and ends the section by saying "So what I meant to say is 'no'". He pops up again later and, when asked why he left the Fed in 2008 at the height of the 'financial crisis', he explains that he wanted to go back into academia to do some revisions to a text book.

So I'd wait for it to appear on telly, if I were you. The real reason I went is to see David Malone, who did a Q&A after the film and is tip top man, he really knows what he is talking about (as in facts and figures; names and places and not just vague principles), so why not pop along to any of the venues mentioned in first link in sidebar.

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