CHARLOTTE RICHARDSON ANDREWS

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Monday, 30 May 2011

"This is an ongoing institutionalised bank raid"

"The award-winning documentary film Inside Job does for banking what An Inconvenient Truth did for climate change. It's an hour and 20 minutes that quietly and clearly documents the appalling corruption that brought the global economy to the brink of collapse. Made by American Charles Ferguson, it is about to be released as a DVD in the UK. It needs to go viral, and kickstart public pressure on the faltering Vickers commission on banking reform. As the film points out, each banking crisis in the last 25 years of deregulation has been progressively bigger and costlier, culminating in the massive bailout of 2008. Yet effective reform has stalled, all the key players and institutions are still in place: business as usual."
Posted by Charlotte Richardson Andrews at 03:23
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Labels: bailouts, banks, cuts, inside job

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