Description |
1 DVD (82 min.) : sound, color ; 4 3/4 in. |
Physical Medium |
polychrome |
Description |
digital |
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optical |
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video file |
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DVD video |
System Details |
DVD. |
Note |
Some credits from disc label. |
Performer |
Robert Shiller, Robert Frank, Joseph Stiglitz, Dan Ariely, Robert Wade, Louis Hyman, George Cooper, Jim Fink, Steve Pennington, Jim O'Neill, Nell Minow, Sarah Ludwig, Josh Zinner, Ed Andrews, Andrew Luan, Antoinette Coffi-Ahibo, Steve Nahas, Rose Alfono, Lawrence Citarelli, Alex Chardiet. |
Credits |
Cinematography, Clive North ; editor, David Fairhead ; music, Philip Sheppard. |
Note |
"Copyright Beak Street Films, Ltd., 2010" |
Summary |
Inspired by former U.S. Fed Chairman Alan Greenspan's acknowledgment that he'd found a flaw in his model of how the world worked, 'The flaw' attempts to explain the underlying causes of the financial crisis in more depth than any documentary to date. The film tells the story of the credit bubble that caused the financial crash, and presents an original and compelling account of the toxic combination of forces that nearly destroyed the world economy. |
Contents |
Welcome to Wall Street! -- Parsing the problem -- Greenspan finds the flaw -- The optimism of standard economics -- The efficient market hypothesis -- The anomaly of bubbles -- The explosion of capitalism -- The housing bubble -- The instability of asset markets -- Greenspan's self-stabilizing financial system -- The golden 50s : lowest income inequality -- 70s : income growth only at the top -- The 20s credit bubble as a precursor -- Profit from credit feeds bank bonuses -- Globalization and industrialization hit wages -- Real estate in the Hamptons -- Trickle down asset bubbles -- The dynamics of the housing bubble -- Mortgages in the 20s and the founding of the FHA -- Red-lined districts flooded with credit -- The rise of CDOs -- Liars' loans and no ratio loans -- Predatory lending and the foreclosure crisis -- The refinancing gamble -- Upwards redistribution of American income -- Consolidating debt by refinancing -- Housing bubble bursts -- Not enough time to sell -- Connection lost, people hurt -- Instability of income inequality -- Where are they now? |
Awards |
Sundance Film Festival, Official Selection ; Boulder Film Festival, Official Selection ; Sheffield Documentary Film Festival, Official Selection. |
Language |
In English with optional subtitles for the hearing-impaired. |
Subject |
Global Financial Crisis, 2008-2009.
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Global Financial Crisis (2008-2009) |
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Economic history -- 1990-
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Economic history. |
Chronological Term |
1990- |
Subject |
Financial crises.
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Financial crises. |
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Capitalism -- History -- 21st century.
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Capitalism. |
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History. |
Chronological Term |
21st century |
Subject |
Banks and banking -- History -- 21st century.
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Banks and banking. |
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International economic relations.
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International economic relations. |
Genre/Form |
Documentary films.
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Documentary films.
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Nonfiction films.
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Nonfiction films.
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Feature films.
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Feature films.
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Video recordings for the hearing impaired.
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Video recordings for the hearing impaired.
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Video recordings.
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Video recordings.
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Added Author |
Sington, David.
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Lambert, Stephen, 1959-
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Hird, Christopher.
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Shiller, Robert J.
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Stiglitz, Joseph E.
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Hyman, Louis, 1977-
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North, Clive.
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Molinare (Firm)
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Studio Lambert.
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Dartmouth Films (Firm)
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Beak Street Films (Firm)
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Bullfrog Films.
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ISBN |
1594588708 |
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9781594588709 |
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