Inside job

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Movie
Original title Inside job
Country of production United States
original language English
Publishing year 2010
length 105 minutes
Rod
Director Charles H. Ferguson
script Chad Beck
Adam Bolt
production Charles H. Ferguson
Audrey Marrs
music Alex Heffes
camera Svetlana Cvetko
Kalyanee Mam
cut Chad Beck
Adam Bolt
occupation

Inside Job is a documentary by Charles H. Ferguson about the global financial crisis that began in 2007 . The film was produced by Sony and screened at the Cannes Film Festival in May 2010 . In 2011 he received the Oscar for best documentary .

content

The film begins with its portrayal in Iceland , whose economy was particularly hard hit by the crisis. Picturesque landscape shots, short excerpts from TV programs and detailed interviews alternate. A speaker ( Matt Damon ), who himself does not appear in the picture, ties all of this together by retelling the events.

The approach of the film is already prepared by its title: Inside job is an informal term in English for a crime to the detriment of a company that is committed by its own employee, i.e. a crime by an insider . The documentary filmmaker therefore asks bankers, politicians and economics professors about the causes of the financial crisis and comes to the conclusion that the reason for the crisis lies in the liberalization of the financial markets. The development of the subprime market and the prehistory of the crisis, its course, its international effects using the example of China, the reactions to it and the aftermath are described and commented on by those involved in the interviews. One focus is the representation of corruption in the American judiciary and in academia. The reason for this lies in the personal integration of banks, investment banks, rating agencies , insurance companies, industry, politics and economics at the large universities in the United States. Some key players in the crisis, who once advocated the deregulation of the financial markets in reports, have benefited significantly from the development themselves as employees in companies and have made them part of American politics, particularly in the administration of George W. Bush , supported.

In conclusion, Ferguson points out that under President Barack Obama , who was elected in renunciation of the Bush administration, the same persons are in part responsible for controlling the financial markets who, according to his research, helped trigger the crisis. While there had been a change at the top of politics, there was otherwise continuity: “ It's a Wall Street government”, says American civil rights activist Robert Gnaizda towards the end of the film. The then director of the International Monetary Fund Dominique Strauss-Kahn said in the film: “In 2008, the financial sector got scared. Now she wants to go back to her old rules of the game ”.

Ferguson points out that the United States is the country with the greatest disparity in income and wealth in the western economy and that this imbalance has worsened in the wake of the financial crisis. In his speech at the acceptance of the Oscar, Ferguson first pointed out that none of the guilty parties had been convicted of causing the financial crisis. This is a mistake.

Awards

Inside Job won an Oscar for best documentary in 2011. He also received related awards from the Writers Guild of America Awards and 2010 Directors Guild of America Awards that same year. The film was nominated for the Chicago Film Critics Association Awards, the Gotham Independent Film Awards, the Las Vegas Film Critics Society Awards, and for the Phoenix Film Critics Society Awards.

The International Film Festival of Cannes in 2010 was Inside Job presented.

Reviews

In his criticism of the time , Thomas Assheuer mainly points out that the financial industry is investing “more money than ever in PR work”. There would be five lobbyists for every congressman, and it ends with a bitter reference to Barack Obama's election slogan: Yes, we can.

New York magazine criticized the film as "aggressive (and, yes, also biased)" and interpreted the fact that Hollywood star Matt Damon acts as a spokesman as the film industry's departure from Obama.

In contrast, Angelika Slavik emphasizes in her report on the Oscar award in the Süddeutsche Zeitung that Ferguson's criticism of the inadequate legal processing of the events received “only restrained applause”. "The film scene, it was said, didn't want to spoil itself with its donors."

Film critic Christine Aschenbrecher from Media Movies thinks that “the film not only shows the viewer the machinations of the Banksters”, but also “should impress Wall Street greats like Lloyd C. Blankfein and Richard S. Fuld, Jr ”.

Web links

Individual evidence

  1. ^ Entry "Inside job". In: Dictionary of Law. London: A&C Black, 2007. Credo Reference. Retrieved on June 23, 2011: "A crime which has been committed on a company's property by one of the employees of the company."
  2. ^ Entry "Inside job". In: Concise Oxford English Dictionary. 10th ed. 2002. p. 732: "informal: a crime committed by or with the assistance of a person associated with the premises where it occurred".
  3. And politicians earn a lot in: FAZ of September 28, 2011, page 30
  4. ^ Academy of Motion Picture Arts and Sciences: "Inside Job" winning Best Documentary Feature . YouTube. March 4, 2011. Retrieved June 24, 2011. 2'52 "-3'10".
  5. Thomas Assheuer: Class struggle from above . In: Die Zeit 23/2011. June 1, 2011. Accessed June 23, 2011.
  6. Logan Hill: Is Matt Damon's Narration of a Cannes Doc a Sign that Hollywood is Abandoning Obama? . In: New York. Retrieved June 23, 2011.
  7. Angelika Slavik: The Wrath of Charles F. . In: Sueddeutsche Zeitung. March 1, 2011. Accessed June 23, 2011.
  8. Christine Aschenbrecher: You can see there! . In: Media Movies. 2011. p. 23.