Here is a clip from Dylan Rattigan’s show on MCNBC. In it Charles Ferguson, director of the forthcoming movie “Inside Job” and William K Black, associate professor of economics and law at the University of Missouri-Kansas City School of Law, explain why the US authorities have turned a blind eye to widespread fraud on Wall Street and in the US financial sector — and why no banker, mortgage broker or toxic CDO salesman has yet been prosecuted.
In a November 6th interview with AlterNet, Charles Ferguson described what motivated him to make Inside Job. He said he was shocked at how corrupt the financial world has become, adding: “I think what’s happened over the last 20 years roughly the financial industry has acquired so much political power that it now has impunity. Since we started having deregulation and financial crises, with each successive crisis the consequences were more severe and yet, fewer people went to prison.”
Inside Job was today named as the ‘best documentary of 2010’ by Allvoices. The film opens in the UK until 18 February 2011.
This blog post was published on 14 December 2010