Inside Job Wins The Oscar: "Not A Single Financial Executive Has Gone To Jail, And That's Wrong"

Video - Inside Job director, Charles Ferguson, at the Oscars - Feb. 27, 2011.

Charles Ferguson's brilliant film on the financial crisis won the Academy Award last night for Best Documentary Feature.  In itself, the Oscar represents a win for the anti-bailout movement, but Ferguson seized the moment during his speech to make this simple, but powerful statement:

• "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."

And remember, he said this in front of a crowd who just two years ago were falling all over themselves pledging their readiness to "serve" the newly elected Barack Obama.  More comments that Reuters picked up from Ferguson backstage:

• “The biggest surprise to me personally and biggest disappointment was that nobody in the Obama administration would speak with me even off the record — including people that I’ve known for many, many years."

• “Unfortunately, I think that the reason is predominantly that the financial industry has become so politically powerful that it is able to inhibit the normal process of justice and law enforcement."

--

Watch the Trailer here...

• INSIDE JOB -- How Wall Street Became A Criminal Enterprise And Took Over Government (Feature Film Trailer, Winner At Cannes 2010)

Photo - Charles Ferguson accepts the Oscar for Inside Job - Feb. 27, 2011.

INSIDE JOB -- How Wall Street Became A Criminal Enterprise And Took Over Government (Feature Film Trailer, Winner At Cannes 2010)

Comments

[john]

Backstage he had even more to say.

http://www.senseoncents.com/2011/02/oscar-winner-charles-ferguson-rips-wall-street-and-washington/

[snip]

Ferguson, a self-described “policy wonk” with a doctorate in political science, interviewed fund managers, central bankers and political advisers for his film, which uncovered an uncomfortably close professional relationship between academia and hedge funds....

But not everyone was willing to subject themselves to his pointed questions, including key players like Henry Paulson, the former CEO of Goldman Sachs and Treasury Secretary at the worst moments of the economic implosion.

[DailyBail]

(Reuters) - "Inside Job," a film blaming financial institutions for triggering the worst financial crisis since the Great Depression, won the Academy Award for best documentary on Sunday.

http://www.reuters.com/article/2011/02/28/us-oscars-documentary-idUSTRE71R10220110228

[DailyBail]

HSBC bank profits double to £11.8billion as chief executive is handed £5.2million bonus

http://www.dailymail.co.uk/news/article-1361388/HSBC-bank-profits-double-11-8billion-chief-executive-handed-5-2million-bonus.html#ixzz1FItz5Ol9

[josie]

Maybe someone in DOJ will have the balls to stand up like Charles Ferguson??? Hello, Eric holder? where are you?

[Dr. Pitchfork]

josie,

Eric Holder is over here....

How Attorney General Eric Holder Colluded With Bank Of America To Destroy Wikileaks And Silence Unfriendly Journalists, Including Glenn Greenwald
http://dailybail.com/home/how-attorney-general-eric-holder-colluded-with-bank-of-ameri.html

[Dave]

A must see, excellent view of Elizabeth Warren. Occupy Wall Street Attack

http://www.youtube.com/watch?v=nSGuwU3HSjw&feature=youtube_gdata_player


Speaking of Oscar performances. Whew. Boehner is quite the actor.
John Boehner Crying on 60 Minutes.  Classic.

http://www.youtube.com/watch?v=EmlKCtvRet8&feature=youtube_gdata_player

[Cheyenne]

That first link is money, Dave. Thanks.

[Dave]

@ Cheyenne, thanks. ;-)

[joe blowe]

From: Dennis Mangan
http://mangans.blogspot.com/

Saturday, April 16, 2011
Inside Job

Last night I watched the movie that won the Oscar this year for best documentary, Inside Job, which documents the greed, fraud, and corruption behind the mortgage boom and subsequent financial crisis. While the film is worthwhile, I have some serious problems with it.

For starters, one of the film's main interviewees, one who maintains that he repeatedly warned Alan Greenspan and other government officials of his concerns for a financial train wreck due to irresponsible lending and securitization practices, was a man from the Greenlining Institute. This organization's mission statement reads:

The Greenlining Institute's mission is to empower communities of color and other disadvantaged groups through multi-ethnic economic and leadership development, civil rights, and anti-redlining activities.

In other words, they are a shakedown racket that pressures government to throw more money towards "communities of color"; money, you know, like subprime loans. (By the way, if you want to see some disparate impact, check out their board of directors. They couldn't have fewer whites - namely, zero - if it were planned. Nah, must be a coincidence.)

Other interviewees expressing their disgust for everything Wall Street and Big Bank included Barney Frank (one of the main enablers of Fannie Mae), French finance minister Christine Lagarde, and George Soros.

The point is, when housing was booming, when government was pushing banks to make loans to people unlikely to be able to repay, when the average person saw his house rising in value, no one complained. In fact, all parties concerned wanted more lending, and that includes the investors who ultimately bought the loans without apparently any due diligence, and who are now among the complainers. Now that the boom is over and the economy is in the dumps, scapegoats are wanted, and unsympathetic Wall Street types are conveniently at hand.

It's pretty obvious that some or even many people on Wall Street should be in jail, or at least forced to disgorge their obscene bonuses. But the government and the central bankers and the "community activists" who were as much or more responsible for the financial crisis will never be held to account, and neither are they held to account in this film. Hollywood doesn't award Oscars for politically incorrect movies, and this film assuredly isn't one.

Watch:
http://www.youtube.com/watch?v=y4A0RuXhnQA

economic coup d'etat ??
they knew exactly what they were doing

[Dave]

I finally found what I had been looking for a while now. LOL! Orriginally I had read this and by chance came across it. Former CIA agent with an excellent point. I did not know Thais man is very much for Ron Paul. For me that's good. However his message really is not about Dr. Paul. It relates to the importance of media and it's evolution. Of the three links one is a google search for the transcript.

Though I did not find it there is some great finds there as well. The first, I didn't know had been posted on the Daily Paul. The last is simply poetic. Shows the class and composure of Ron Paul. And in turn shows the projective comments of Bill-do Oreily. It will keep you in stitches. Hope it's enjoyed.

[Dave]

I guess the liknks would help. LOL!!
Geez? Here they are.

Powerful message from former C.I.A. Agent to every blogger, hacker and American | Ron Paul 2012 | Sound Money, Peace and Liberty

http://www.dailypaul.com/168318/powerful-message-from-former-cia-agent-to-every-bloggerhacker-and-americans

Powerful message from former (C.I.A. Agent) to all Americans!+artical about the importance of bloggers - Google Search

http://www.google.com/search?q=Powerful+message+from+former+(C.I.A.+Agent)+to+all+Americans!%2Bartical+about+the+importance+of+bloggers&ie=UTF-8&oe=UTF-8&hl=en&client=safari

A clasic must see.  

http://www.youtube.com/watch?v=yjtQ0zxNOSc&feature=youtube_gdata_player

[Dave]

http://www.dailypaul.com/

As of today the shameful (89 seconds) not 90, 89 seconds. Ron Paul was afforded in this last debate again was addressed by non other than the not so Main Stream Media. 

Dr. Pauls camp is asking for his supporters help with some counterweight.  

Ironic I found a video that I actually read about this very issue before I ever found the DB.  A former CIA employee articulates very well why there is no truth or news in the main stream media.  DB had posted it a while back, though I did not know it.  And as DB wrote "it's worth your time." 

TYT on Ron Paul Polls Ignored by Mainstream Media.  Runs shy of 3 minutes. 

http://www.youtube.com/watch?v=Os85fo3kk0Q&feature=youtube_gdata_player

TIME: Overshadowed by the Cainwreck and Newtmentum, Ron Paul Climbs into Second | Ron Paul 2012 | Sound Money, Peace and Liberty

Party money obligation article in this. Though it's in the main page I wanted to place the link here.  It allows you to check who and who is not for an audit.  It also allows for an email to send to you congressperson.  In NV where progress has seemingly been made for homeowners, I was a bit surprised (just just so) that only one is on this list.  

Hope Ron Paul supporters find this useful.  Cheers!

http://www.dailypaul.com/187830/time-overshadowed-by-the-cainwreck-and-newtmentum-ron-paul-climbs-into-second

[Dave]

Here is something you don't see everyday.  Depending, on a few things members of NYPD may not want to visit Philly for a while.  

Phillidelphia Police Captain Raymond Lewis Arrested By NYPD @ OWS

http://www.youtube.com/watch?v=M5tNoF_3FbI&feature=youtube_gdata_player

Capt. Raymond Lewis interviewed after the arrest.  

http://www.youtube.com/watch?v=gkOMD0D2FIg&feature=youtube_gdata_player

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[Sagebrush]

It appears the Federal Government is going to keep giving these Elite Bloodsuckers anything they ask for instead of filing charges.

I think it may be time to form a Citizens Vigilance Committee to bring charges and penalize these worthless Parasites. They are not worth the space they occupy or the air they breathe.


http://youtu.be/92UxKyg5UMc

[ETM]

I'm with you SageBrush.

Is DB still alive?

[Sagebrush]

I hope he's OK. Eleven days and no new posts makes me wonder what happened to him. He usually will leave a message when he's going to be off the site for an extended period.

[john]

DB top 10 theories...

1. He got lost on a golf course.

2. Entered the witness protection program.

3. Is digging a bunker and filling it with gold plated tungsten bars.

4. Got a really good job at Goldman Sachs.

5. Got a really good job at the Federal reserve.

6. Played golf with Dick Cheney.

7. Was renditioned.

8. His honey told him to stop or the doghouse option would be invoked.

9. Said fuck it.

10. Took out a 15 trillion loan using his credit card and is now enjoying life on his private island somewhere in the south pacific.

On a serious note I hope all is ok.

[ETM]

Also the spammers seem to be on the loose and the posts aren't being deleted...