The film that cost $20,000,000,000,000 to make

Parallels and relevance to what is going on right now. All of the parallels are not yet clear, but here are a few:

1. Timeline of public problems appearing in March

2. Controversial "bailout" and "moral hazard" debate, AGAIN

3. Debt ceiling potential increase in July; related to high leverage ratios

4. More potential carnage in September/October

5. Role of regulators specifically NOT doing their jobs

6. Mismatch of long-term underwater investments and short-term cash needs

7. Realized losses occur with forced sale of LT investments or mark-to-market

IMDB Trailer: https://www.imdb.com/title/tt1645089/

Full Movie 1 Link: https://123movies.net/watch/JdArbk0v-inside-job.html

Full Move 2 Link: https://watchdocumentaries.com/inside-job/

Movie Info: https://en.wikipedia.org/wiki/Inside_Job_(2010_film)

Part I: How We Got Here - starts @12:05

Part II: The Bubble (2001–2007) - starts @31:00

Part III: The Crisis - starts @57:05

Part IV: Accountability - starts @1:17:25

Part V: Where We Are Now - starts @1:33:35

Movie goes through the details of how home mortgages were securitized, turned into Collateralized Debt Obligations (CDO) derivatives, and then blew up the economy when home prices declined in market intentionally unregulated by Wall Street Bankers placed into the regulatory agencies as early as 2001.

Interview with Charles Ferguson who directed the movie and wrote the book: "The financial meltdown was an 'Inside Job'": https://archive.org/details/TheFinancialMeltdownWasAninsideJob/GSI110717A.mp3

This guy is really, really smart and this interview is stellar, especially in his comments on how to fix Financial Industry Executive compensation.

I highly recommend this documentary for anyone wanting to understand what happened. I love how this documentary goes straight to the people involved too. And not Brad Pitt.

Yes this documentary opened my eyes as to how financial institutions harbor these corporate criminals.

And how Obama did nothing but help them also. I liked that by the time this documentary was made Matt Damon had lost faith in Obama❤️ I like the non-partisan nature of it also.

Found on Rumble, going to watch tonight:

https://rumble.com/v2aqy9o-inside-job-how-the-2008-financial-crisis-gfc-came-about-and-happened.html