Taylor Lewis Accounting 03/10/2013 Inside Job The movie “Inside Job” was a very controversial movie. It talked about the financial crisis and how it affected everyone. Personally‚ it made me angry. All of the big companies such as Goldman Sachs‚ Citi Bank‚ Meryl Lynch‚ and many more‚ performed unethical activities. They went behind their customers back to bet against them just to make more money‚ and the statistics don’t lie. From 1978 to 2008 a banker’s regular salary went from $47‚000 a year
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Inside Job: Exposing Unethical Practices on Wall Street The documentary Inside Job‚ directed by Charles Ferguson‚ explains the financial crisis of the late 2000s that culminated with the Wall Street collapse in 2008. Beginning with a background of the American financial industry‚ the film tells the story of how banking practices caused the eventual global recession. Up until the 1980’s‚ the US financial system was highly regulated‚ at which point began a long period of “deregulation”. One of the
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The Inside Job Jacob Williams Ethics/ 316 November 2‚ 2012 Rodney Sprauve The Inside Job The documentary The Inside Job tells the truth about the downfall of how greed‚ the lack of ethics and poor moral values destroyed the economy of the world. Charles Ferguson deserves an award for bringing the truth to light as well as his narrator Matt Damon. This documentary shows how a lack of ethical values hurt the masses by the poor choices of those in power. It shows how corrupt that the
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Inside Job is about the causes of the global financial crisis of 2008. It is the effect of a series of causes beginning in the 1970s.These causes most obviously includes - the deregulation that allowed excessive and reckless actions in finance‚ fraud‚ conflicts of interest‚ and sabotage. The result of these actions was a massive decline of financial stability for the global masses and a correspondingly massive incline of financial gain for a minority of heads in high finance and government. It was
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1: Who is the most to blame for the events depicted in the film? Republicans or Democrats? Is it Government or financial services companies? Regulators who stuck by their free market beliefs? Investors who carelessly took on too much risk? We think that every protagonists of the film are responsible of the crisis. We are going to try to develop the role ➢ We think that the political parties are not the main actors of the crisis. It’s the government in general who don’t take responsibility
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he owner of a large hardware‚ furniture‚ and building centre faced a dilemma regarding how to manage the upcoming wage review process. After two consecutive years of frozen wages‚ employees were impatient for financial progress‚ but there was no extra money in the budget. It was possible to pump savings from upcoming process improvement initiatives into wage increases. However‚ the owner had limited motivation to channel hard-won funds to underperforming employees. On the other hand‚ he was eager
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Identify and discuss the interrelationships among the key factors highlighted in the global financial crisis “Inside Job” has identified two main themes that have been typically responsible for the financial crisis of 2008. Firstly‚ extensive deregulation since 1980s has been largely responsible. Secondly‚ the academia has played a pivotal role in legitimizing deregulation and has hence been indirectly‚ if not directly‚ responsible for the one of history’s biggest financial meltdowns. As far
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The Financial Bubble‚ to many people to blame For this week’s movie we had to watch: The Inside job and reflect upon it‚ for example give your opinion‚ give new insights and determine the ethical issues that occurred during the movie. Last week we saw The Company due to this movie I learned the meaning of ethics namely: where the law stops‚ ethics begins. I am curious if The Inside job is as interesting and mind blowing. After watching the Inside Job I have to say that I was a little depressed
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ADMAP REVIEW OF THE MOVIE – INSIDE JOB Rohan Rambhia | PGP-10-155 Inside Job is an exemplary recount of how administrator’s role when exploited to form risky administrative strategies by means of faulty processes lead to a crisis of the stature of the recession of 2008. It is a comprehensive documentary which narrates the history of the collapse‚ not only going into great‚ informative depth about the risk-based strategies that put the global economy on the line‚ but looks back to the rise
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"Inside Job" is a 2010 documentary film about the financial meltdown of 2008 directed by Charles H. Ferguson. The film successfully answers the question "How did the housing bubble burst?" by exploring the changes in the policy environment as well as the banking practices helped create the financial crisis. The film focuses on changes in the financial industry in the decade leading up to the crisis‚ the political movement toward deregulation‚ and how the development of complex trading such as the
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