Inside Job

A film by Charles Ferguson, it explores how and why the 2008 financial crisis occured. It was on tv- just finished watching it 25 minutes ago, and i must say it was eyeopening.

I am struck by how this was allowed to happen in today's society and baffled by why the people who were evidently to blame for the crisis still remain in powerful positions in Obama's government. It is (as said in the movie) a Wall Street government.

The style of the documentary-esque film was impressive too. Using just facts and figures and direct quotations from the perpetrators' mouth to execute their actions. It's a thoughtprovoking and engaging watch. Before watching it, i had a very limited knowledge as to the reasons for the 2008 crash, it was pretty educational actually!

"Why should a financial engineer be paid four times to a hundred times more than a real engineer? A real engineer builds bridges; a financial engineer builds dreams. And you know, when those dreams turn out to be nightmares, other people pay for it."

-Andrew Sheng, chief advisor to the China Banking Regulatory Commission