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Author Topic: “Bailout” World Premiere at Music Box Theater - Courageous and Eye Opening  (Read 586 times)
istar
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May 21, 2012, 08:20:50 AM
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A new documentary about the 2008 crises

"Make no mistake about it as Fahey uses the word “fraud” many times throughout the film when referring to the actions of the big money-center banks, clearly painting the picture that criminal intent – not miscalculation or mistake - was indeed the source of the housing collapse. Fahey brilliantly connects the dots using facts, expert analysis and heartbreaking testimonials from victims throughout the country as the concrete evidence needed to support the film’s claim of wrong doing. The film also touches on the fact that no one was convicted for the largest financial fraud ($11 billion) in our country’s history. Why? Because banks have successfully infiltrated the government and routinely pass the laws that protect themselves from offense. The atrocities don’t stop there as the film delves into the misguided bailouts that the banks – the perpetrators – have issued, keeping the machine alive and well. The film also provides a detailed look at the process in which banks handed out home loans knowing, and benefiting, on the fact that these loans could never be repaid. Breaking it down to a science, it is explained how and why this process made these banks profited hand over fist while Americans suffered one of the biggest recessions to date."   

http://www.buzznews.net/component/k2/item/3309-“bailout”-world-premiere-at-music-box-theater-courageous-and-eye-opening

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