mandag 28. februar 2011

Inside Job - Oscar winner acceptance speech

'' Recorded on February 27, 2011 - Charles H. Ferguson accepts his Oscar for Inside Job. He starts off making the point that not one criminal on Wall Street has been indicted or jailed.''



Link to Official Movie Site ! : SonyClassics Insidejob

Link to Wikipedia! : WikiPedia Insidejob

It features research and extensive interviews with financial insiders, politicians, journalists, and academics.

The film focuses on changes in the financial industry in the decade leading up to the crisis, the political movement toward deregulation, and how the development of complex trading such as the derivatives market allowed for large increases in risk taking that circumvented older regulations that were intended to control systemic risk. In describing the crisis as it unfolded, the film also looks at conflicts of interest in the financial sector, many of which it suggests are not properly disclosed. The film suggests that these conflicts of interest affected credit rating agencies as well as academics who receive funding as consultants but do not disclose this information in their academic writing, and that these conflicts played a role in obscuring and exacerbating the crisis.

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