Synopsis[ edit ] The documentary is split into five parts. It begins by examining how Iceland was highly deregulated in and the privatization of its banks. At the Federal Reserve annual Jackson Hole conference inRaghuram Rajanthen the chief economist of IMF warned about the growing risks in the financial system and proposed policies that would reduce such risks. Treasury Secretary Lawrence Summers called the warnings "misguided" and Rajan himself a " luddite ".
The Inside Job and reflect upon it, for example give your opinion, give new insights and determine the ethical issues that occurred during the movie. Last week we saw The Company due to this movie I learned the meaning of ethics namely: I am curious if The Inside Job is as interesting and mind blowing.
After watching the Inside Job I have to say that I was a little depressed, it is really unbelievable how some people and institutions can behave in the way they did.
The movie starts with a short example namely: They explain facts like how: Total population, Total national income, high quality schools, their debt and the way how they privatized everything. Banks could now do pretty much everything without restrictions and direct control of the government. I think this was a very good beginning of the movie because its captures the essence of the entire movie.
|Synopsis[ edit ] The documentary is split into five parts. It begins by examining how Iceland was highly deregulated in and the privatization of its banks.|
|Share via Email An aerial view of Wall Street, the heart of the global financial meltdown. Charles Ferguson's film Inside Job attempts to blame a wider cast list for the banking crash of and explains why so little has been done to reform the financial world or bring criminal prosecutions against the main protagonists.|
|Through extensive research and interviews of major journalists, politicians, academics, and financial insiders, the film tries to find out the route causes of this financial crises, the corruption in the financial and political system of US, impact of this corruption on global economies. Five-Parts of the Documentary The documentary has been divided into five parts which are:|
Summary the inside job We have so large base of authors that we can prepare a unique summary of any book. How fast would you like to get it? We'll occasionally send you account related and promo emails. For me personally there was one thing that shocked me on an entire new level.
When the movie was already almost done, they showed the people who were in charge of the companies that engineered and lead the greatest institutions to destruction and were responsible for the crises in my opinion. I thought that those people did not have a very nice future, when you see what damage they done on the world and the people of the united States.
Also almost no CEO is prosecuted for any sort of criminal act. Also almost all of them become so unbelievably rich but all their companies went to failure.
The last thing that also shocked me was due to the audit companies before the crisis. Their main responsibility was to give investors a good picture whether the investment was very good AAA or not that good and very risky ICC.
For example, there were a lot of companies that where almost bankrupted but still achieved it to get an AAA rating, unbelievable. In the movie they showed that the people who were responsible for these ratings said that it were only opinions and not facts.
Concluded, I wanted to say that I learned that in the U. The financial institutions have the power and not the government.
Conflicts in interest and things like that are still relevant when you look at the government of the U.
I am really shocked to know that there so few people responsible for so many, it is only a matter of time and things like this will happen again: Summary the inside job By Jell.Further, this condensed Inside Job summary is becoming so popular that at the present writing, it is one of the top three results in Google for the keyword - "inside job summary" - and recently it was ranked number one - above the Internet Movie Database (IMDB) - as the source for a summary of Inside Job.
"Inside Job ignored the enormous level of consumption by ordinary people that drove debt levels so high. The film suggested it was the bankers and the politicians who were driving the collapse – and fair enough, there was some mis-selling of mortgages. Contemporary Issues In Accounting Inside Job Documentary Film Research of the Financial Crisis in Comparison to the ‘Inside Job’ Documentary The ‘Inside Job’ film (documentary film) draws parallel views to the referenced text “Impact on Accounting” of this course coupled with the associated research executed during the past weeks with respect to understanding the cause of the financial crisis.
Inside Job clearly catches some of the anti-banker mood, and the public is quite right to be outraged at how banks refinanced at the taxpayers' expense are paying outsized bonuses.
Contemporary Issues In Accounting Inside Job Documentary Film Research of the Financial Crisis in Comparison to the ‘Inside Job’ Documentary The ‘Inside Job’ film (documentary film) draws parallel views to the referenced text “Impact on Accounting” of this course coupled with the associated research executed during the past weeks with .
'Inside Job' provides a comprehensive analysis of the global financial crisis of , 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, and nearly resulted in a global financial collapse.