Inside Job (2010)

Now, I don't claim to know a lot about business, but this documentary plainly stated the financial inequities that led to the economic collapse in 2008 so even I could understand.

After several questionable and eyebrow-raising loans within the regulatory and subprime lending industries, the world suffered a catastrophic collapse which sent millions of Americans into the unemployment office. For almost a decade, the political movement toward deregulation and the complex derivatives market made way for a systematic risk taken by many in the financial sector. However, when they kept borrowing and borrowing, the bubble eventually burst and led to one of the biggest Wall Street sell-offs in history. Several analysts, politicians, journalists and academics interviewed for this film had various takes on the situation that all pointed in the same direction. The problem being once the culprit was found, very little was done to make sure it never happens again. Even those interviewed who had a hand in those troubling decisions couldn't explain how to avoid similar calamity.

I worked in a newsroom at this time and couldn't wrap my head around a lot of the subject matter. Mostly, I was just thankful to have a job. But now I have a better knowledge of the situation that still lingers three years later. Many valid points were made during the shoot, and even some discrepancies showed up during the interviews. I loved hearing the director ask the questions at times because he pulled no punches. One problem to me, and it could have only been the copy I watched, was that Matt Damon's narration sounded like it was recorded in a tunnel. Regardless, this film deserved the Oscar and is a very informative documentary. Grade: A