Inside Job Review

This Documentary is about the economic recession of 2008. How it happened and where do we stand now. It is made in American context since the collapse of the global economy was triggered by the collapse of a few American Financial institutions provides an in depth analysis and investigates the reason that lead to the collapse of the global economy. It begins by providing us a real life case of Iceland. How Iceland moved from a very successful and developed country to a country that is now in debt of billions of dollars. It basically brings out the role of the financial sector most specifically investment banks and their wrong decisions and excessive lending of money that eventually crashed the global economy. It also focuses on the fact that the executives and senior management of these financial institutions gambled with their customer’s money for their personal gains and kept investing in risky securities. It uncovers the role of different governments and administration in the growth of these institutions and how they supported these organizations and their executives by deregulation and by creating different laws and passing different acts in their favor. Another very shocking fact that was revealed was that the financial advisors and finance ministers were the either the CEOs or the chair persons of the same financial institutions that led to the crisis. It also shows how the debt chain works and how a Principle debtor’s money goes to investor all over the world.
The Documentary is in five parts we will look at them one by one.

Part: 1. How we got there?
In september 2008 the bankruptcy of US investment bank Lehman Brothers and the collapse of the world largest insurance company AIG triggered the global financial crisis. This crisis was not an accident It was caused by an out of control industry. After the great depression, the US had 40 year of economic growth and development. the financial industry was tightly regulated most regular banks were local