Inside Job

This movie is more of a documentary and has a mind blowing story line, that makes you to think a lot that where is the world going and where are we, it tells you about the pace of life and the system life cycle of the world. Charles Ferguson's "Inside Job" is strong, fair, and rational. The director tried to untangle the complex architecture of the financial meltdown that has cost millions their jobs, their homes, and their savings. The documentary talks about the financial crises that took place globally and about financial crunch that most of the countries had to face and a deep slump in the economy. The effects of that are still not recovered and the whole world seems to be going in a recession.

The movie also talks about America's bubble of private gain and public loss, Banks merged into "too big to fail" regulation of derivatives was banned; This ultimately led to money laundering, defrauding of customers, cooking the books, and stuffing of the pockets of top officers with money. When Mortgages were bundled and sold to the investment banks, lenders no longer cared if they were repaid. Goldman, Lehman, and Merrill were all players. Summers, Bernanke, and Geithner all stood against corrective measures and would play pivotal roles in the Obama administration.

The movie gives you a very good idea about how the recession hit around the world and how did the bubble burst. It also guides you about what mistakes were done by the banks and how they created a mess for themselves when people had no money to pay and they all started defaulting which led to liquidity problems for the banks ultimately leaving them with no option but to go in a loss or get bankrupt. The documentary is a major hit and has an amazing rating and I would advise every one to watch this because it lets you to think a lot more than what is going around us and the documentary also tells you how financial meltdown took place. So do watch it I assure you that you wouldn’t be disappointed after watching this. J