The producer is so bad

Samara 2022-08-19 05:53:52

Inside Job: This documentary is a bit alarmist. I don't agree with the point the film conveys - it portrays financiers too evil. After the financial crisis, we should be more active in understanding and using financial instruments. Strengthening supervision is necessary, but fear is unnecessary. The film's wake-up call is that any frenzy is the beginning of disaster.


What struck me was a Fed executive when asked, "You must have found it," and he replied, "That's very easy to always say that you can always find it." I trust his defense. In the face of potentially huge profits, any brilliant financial man would err, believing that he was in a position to win; not that the producers thought it was an organized conspiracy.

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Extended Reading

Inside Job quotes

  • Andrew Lo: Recently, neuroscientists have done experiments where they've taken individuals and put them into an MRI machine. And they have them play a game where the prize is money. And they noticed that when these subjects earn money, the part of the brain that gets stimulated is the same part that cocaine stimulates.

  • [last lines]

    Narrator: For decades the American financial system was stable and safe. But then something changed. The financial industry turned its back on society, corrupted our political system and plunged the world economy into crisis. At enormous cost, we've avoided disaster and are recovering. But the men and institutions that caused the crisis are still in power and that needs to change. They will tell us that we need them and that what they do is too complicated for us to understand. They will tell us it won't happen again. They will spend billions fighting reform. It won't be easy. But some things are worth fighting for.