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Running Time:
1 hour, 48 minutes

Rating: PG-13 Parents Strongly Cautioned.

Rating Explanation:
for some drug and sex-related material.

Jimmy's Buzz Guide Review:
Incredibly complicated but never dry, never confusing, and always compelling.

Additional Info:
Additional DVD Features:
Deleted scenes; The making of Inside Job; Commentary with director Charles Ferguson & producer Audrey Marrs



Inside Job
This incisive documentary narrated by Matt Damon was filmed on locations in the United States, Iceland, England, France, Singapore, and China was made by Oscar-nominee Charles Ferguson ("No End in Sight" which deals with the lack of planning behind the 2003 invasion of Iraq). This former software entrepreneur subtly confronts many of those complicit in the financial meltdown in a multitude of interviews, and sets out to help us understand how the financial system post-Reagan became more and more able to feed on itself, deriving greater and greater profit even from the stupidity and illegality of its transactions, turning the entire world economy essentially into one big Ponzi scheme.
 
Inside Job,
simply explains what credit default swaps are, as well as other things like derivatives, collateralized debt obligations, predatory loan practices, subprime mortgages and other formerly hard to understand financial terms. Narrated by Matt Damon, the film forces many of  the people who were brave enough to be interviewed, to hang themselves as they reveal the roles they played in the global financial crisis of 2008, which at a cost over $20 trillion, caused millions of people to lose their jobs and homes in the worst recession since the Great Depression.

When Ferguson goes after the bad guys, particularly economics professors Frederic Mishkin and Glenn Hubbard, he's a bold, relentless prosecutor, making them often wish they had not agreed to be filmed. There are also interviews with some of the experts who warned us, like financier George Soros, economist Nouriel Roubini, Allan Sloan of Fortune magazine, and New York ex-governor Eliot Spitzer who prosecuted wrongdoers before his own expensive pleasures forced him to resign.

Inside Job is far better researched, more informative, more exhaustive and even funnier than Michael Moore's version of the facts in his Capitalism, A Love Story made in 2009. Which brings us to the final, sad story: where we are now. Of course the financial markets were saved but average Americans paid for it, and millions lost their homes, and the 1999 Glamm-Leach-Bliley Act that repealed the Glass-Steagall Act and which allowed banks to be investment banks, commercial banks, or insurance companies simultaneously, thus endangering everybody's money; we're still still stuck with that. Why? Because the Obama presidency has turned out to be "a Wall Street administration." We've still got a financial world managed by well-dressed and enormously overpaid criminals, whose errors we are all paying for, even as they continue to be richly rewarded for committing them.
                                    Inside Job                 






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