ide JobInside Job (Sony Pictures Classics). Produced, written and directed by Charles Ferguson. Review by Marsha Feinland Inside Job provides a comprehensible lesson on the current economic crisis and an entertaining expose of the slimy players behind it. The movie starts in Iceland. A formerly prosperous population suddenly lost its wealth, income and job base when the economy collapsed. The government had privatized the banks and deregulated industry, allowing speculators to finance risky
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The documentary “Inside Job” is based on the financial crisis of 2008. It takes a look at all the relative players and their roles in the crisis. The movies highlights the bankers, big business, the politicians and even the academic arena and how their decisions caused one of the greatest recessions and global economic crisis in history. This recession resulted in: cost the world 10+ trillions of dollars; 30 million unemployed; and doubled national debt of US. What happened? The movie starts
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The film Inside Job offers in-depth evidence of the complex relationship between government and business by showing how business under the auspice of capitalism and government under the mantle of democracy is collusive and incestuous in their ultimate pursuit of profit and power. The film clearly captures the systemic corruption of the United States by greedy and morally unbalanced industry leaders and their cohorts who engineered a financial catastrophe in 2008 not seen since the great depression
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Inside Job The old-fashioned way for issuing loans was “originate and hold.” Banks would take short-term deposits and other sources of funds and use them to fund longer term loans to businesses and consumers. Banks would hold these loans to maturity and have an incentive to screen and monitor the borrower’s activities even after a loan was made. This model exposed the banks to potential liquidity, interest rate, and credit risk. In order to avoid these risks, commercial banks shifted
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Inside Job This great documentary told of how the United States affected the economy on a global scale, sending the financial world into a downward, spiral of which we are still feeling the after affects. This financial fiasco devastated the entire world because of the actions of a few greedy, able to get legislation passed allowing lenders to careless, selfish, ravenous, uncaring millionaires. The Reason Inside Job is a documentary about the 2008 financial crisis in the United States and
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Inside job La crisis de los Estados Unidos que estalló en 2008, traspaso limites y tocó a la economía mundial, causando una desaceleración en el crecimiento económico de muchos países, esto fue llamado la Gran recesión. Esta crisis fue causada principalmente por la desregulación del sector financiero de este país, que permitió que las firmas bancarias y sus conspiraciones sobre el mercado bursátil, aprovecharan y manipularan todas las transacciones realizadas en Wall Street. Los participes
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INSIDE JOB—A documentary Business, Ethics and Governance 18 September 2011 Submitted by: Suzanne M. Chevalier Inside Job is a documentary written and directed by Charles Ferguson, and narrated by Matt Damon. The film chronicles the economic collapse of 2008 and the events which led up to it. The film is divided into five parts; 1) How We Got Here, 2) The Bubble, 3) The Crisis, 4) Accountability, and 5) Where We Are Now. The parts of the film come together to uncover the corruption
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| | |Why Some Companies Make the Leap …..and Others Don’t | |Good to Great | |
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Chapter Two Being Ethical and Socially Responsible Business Ethics Defined Ethics * The study of ______ and ______ and of the morality of the c_______ individuals make * An ethical decision is one that is “right” according to some s_______ of b________ Business ethics * The application of m_____ s________ to business situations Ethical Issues Fairness and honesty * Businesspeople are expected to refrain from knowingly d________, m___________, or intimidating others Organizational
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Inside Job I. Effect of Economic crisis on Iceland a. In 2000 Iceland’s government began a broad policy of deregulation i. They allowed companies like ALCOA to build giant aluminum smelting plants and exploit Iceland’s natural geothermal and hydroelectric resources, many of which are located in Iceland’s majestic and ecologically fragile highlands. b. At the same time the government privatized the 3 largest banks in the country (The banks borrowed $120 million – 3 times
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