On my recent transatlantic flight, I watched Charles Ferguson's "Inside Job" (links here and here, and hilariously, FoxNews has NO Review of it whatsoever here). It both enraged and disgusted me. Explained in very basic language, it paints (I believe) a VERY CLEAR picture of how investment banking is inherently evil, and the Americans and Brits who are the prime drivers of the imaginary "industry" of collateral default swaps, mortgage backed securities, and bogusly 'engineered financial tools' that have devastated the world's financial system.
It was educational, informative, factual, and enraging.
The film should be used as required material in every High School Econ class, and every MBA ethics class, ever offered.
1 year ago