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(More customer reviews)This priceless documentary presents a devastating expose of the staggering Wall Street swindle that caused the economic meltdown of 2008. The interview with Martin Feldstein brought back to mind the hoopla of his appointment as chief economic adviser to President Reagan. The movie points out that Feldstein initiated the financial deregulation follies that led to the looting of the Savings and Loans and culminated with the passage of the Commodity Futures Modernization Act of 2000, the lead sponsor of which was Senator Phil Gramm. It was truly depressing to see how this massive swindle was pulled off through the collusion of the economic advisers, politicians, high-flown professors of economics with scandalous and highly unethical conflicts-of-interest, investment banks, and ratings agencies. At the end of "Inside Job," Robert Gnaizda lists various groups that should be prosecuted. When asked why this has not been done, he answered: "It's a Wall Street government!"
Some of the topics in the movie were covered in the FRONTLINE broadcast "Inside the Meltdown" and in the FRONTLINE broadcast "The Warning." The latter exposed how Brookley Born was sabotaged by Alan Greenspan, Robert Rubin and Larry Summers--the Troika that is directly responsible for the massive fraud perpetrated by the Wall Street crowd.
It is reassuring to see that some members of Congress were competent. Senator Byron Dorgan (D. North Dakota) voted against his own party, predicting that the repeal of Glass-Steagall would lead to massive taxpayer bailouts. On 19 September 2009, Senator Dorgan was interviewed by Scott Simon on "Weekend Edition Saturday." The following is from the transcript at:
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From Academy Award®-nominated filmmaker, Charles Ferguson (NO END IN SIGHT), comes INSIDE JOB, the first film to expose the shocking 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. Through extensive research and interviews with major financial insiders, politicians and journalists, INSIDE JOB traces the rise of a rogue industry and unveils the corrosive relationships which have corrupted politics, regulation and academia.
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