Director: David Sington | UK 2011 | 82 min
A small, hidden defect. "A flaw". Even if it sounds like a gross understatement, this was exactly the word that Alan Greenspan, the former head of the American Federal Reserve, used in 2008, when he humbly told the American Congress about the overlooked causes of the massive global financial downturn. An error in Greenspan's model of how the world works. The award-winning documentary filmmaker David Slington has embarked on telling the story about the great collapse. Through interviews with leading economists, historians, Wall Street insiders and victims of the crisis - among others a bankrupt bond trader who now lives off giving guided tours of Wall Street! - we are given an original and captivating story about the basic ingredients that poisoned the entire world economy. This year's "Inside Job" - just one year wiser.
The Flaw (UK, 2011, 82 min.)
Director: David Sington. Producer: Stephen Lambert, Luke Johnson, Christopher Hird. Production: Studio Lambert, Dartmouth Films.