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Academy Award winning film Inside Job screening Thursday in Grand Rapids

May 17, 2011

The Academy Award winning film for best documentary in 2010, Inside Job, will be shown this Thursday by the Grand Rapids branch of the IWW.

“The film focuses on changes in the financial industry in the decade leading up to the crisis, the political movement toward deregulation, and how the development of complex trading such as the derivatives market allowed for large increases in risk taking that circumvented older regulations that were intended to control systemic risk. In describing the crisis as it unfolded, the film also looks at conflicts of interest in the financial sector, many of which it suggests are not properly disclosed. The film suggests that these conflicts of interest affected credit rating agencies as well as academics who receive funding as consultants but do not disclose this information in their academic writing, and that these conflicts played a role in obscuring and exacerbating the crisis.”

A discussion of the film will be facilitated by members of the IWW after the screening. The film is free and open to the public.

Inside Job

Thursday, May 19

6:00 PM

IATSE Labor Hall 931 Bridge St. Grand Rapids

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