I got the chance to watch “Inside Job” last weekend and I must say it is one of the best documentaries I have ever seen. Academy made no mistake in giving it the best documentary Oscar this year. Charles Ferguson derserves the recognition and honor for creating this master piece. The best part is that the whole documentary stick to the topic i.e the Financial Crisis of 2007-2010. Inside Job can be a perfect source for anyone who wants to learn what happened during the financial crisis and what were the reasons for all of us to end up in a mess like this. Charles Ferguson is an eloquent film maker and this documentary reflects the true shades of his film making. Watch it and see how various politicians, bankers, world class financial institutions and even ivy league professionals design these crisis and orchestrate the worst financial meltdown of recent times.
During the course of this documentary Charles Ferguson interviewed various important personalities but I like this quote from Andrew Sheng which I will remember for a very long time.
"Why should a financial engineer be paid four, four times... to a hundred times more than the real engineer?
A real engineer build bridges, a financial engineer build dreams.
And when those dream turn out to be nightmares,other people pay for it."
The reason why I watched Inside Job in first place is the acceptance speech of Charles Ferguson which he gave during the recent Oscars ceremony and every word of this speech was true, crisp and somewhat shocking, just like the documentary.
"Forgive me, I must start by pointing out that three years after our horrific financial crisis caused by financial fraud, not a single financial executive has gone to jail, and that's wrong”.
Hope Wall Street is listening, I bet not.
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