Economics

Super quick computers and advanced mathematical formulas have taken over trading on the financial markets from human beings -algorithms- which seem to have a life of their own. The only ones who understand the system in any way are its architects, the algorithm developers. Haim Bodek is one such algo-developer. After finding some strange wrongdoings he set out on a personal crusade against this elusive system". The machinery behind our financial markets, consisting of mathematical models, data centers and miles and miles of fiber optic cables, is disguised by technological complexity and secrecy. The builders of this financial system are a new breed of Wall Street employees -quants- mathematicians and physicists who are responsible for a technological revolution. Haim Bodek is a quant; he specialized in artificial intelligence and worked for Goldman Sachs. He knows the system from the inside, he helped build it. Haim Bodek was invited to tell his story at the "Battle of the Quants" - a recurring event where quants discuss high-frequency trading, amongst other things. Bodek wrote an algorithm for trading machines that would generate guaranteed income - a money machine that weathered the financial meltdown of 2008. But then from one day to the next the algorithm stopped working.

At the heart of the film is a simple proposition: what is a good society, and what role does the widening income gap play in the deterioration of the nations's economic health? We are endeavoring for Inequality for All to be a paradigm-shifting, eye-opening experience for the public. We want to accurately show through a non-partisan perspective why extreme income inequality is such an important topic for our citizens today and for the future.

The global financial meltdown that took place in Fall 2008 caused millions of job and home losses and plunged the United States into a deep economic recession. Matt Damon narrates a documentary that provides a detailed examination of the elements that led to the collapse and identifies keys financial and political players. Director Charles Ferguson conducts a wide range of interviews and traces the story from the United States to China to Iceland to several other global financial hot spots.
'Inside Job' provides a comprehensive analysis of the global financial crisis of 2008, which at a cost over $20 trillion, caused millions of people to lose their jobs and homes in the worst recession since the Great Depression, and nearly resulted in a global financial collapse. Through exhaustive research and extensive interviews with key financial insiders, politicians, journalists, and academics, the film traces the rise of a rogue industry which has corrupted politics, regulation, and academia.

Michael Moore returns to controversial territory with this documentary examining the events that led to the last global financial crisis, while putting forward an indictment of the current economic order in the United States and unfettered capitalism in general. Topics covered include Wall Street's "casino mentality", for-profit prisons, Goldman Sachs' influence in Washington, D.C., the poverty-level wages of many workers, the large wave of home foreclosures, corporate-owned life insurance, and the consequences of "runaway greed".