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Synopsis: Inside Job is a 2010 documentary film, directed by Charles H. Ferguson, about the late-2000s financial crisis. Ferguson says the film is about "the systemic corruption of the United States by the financial services industry and the consequences of that systemic corruption." In five parts, the film explores how changes in the policy environment and banking practices helped create the financial crisis.
Genre: Crime, Documentary
Year:
2010
129,746 Views

01:
00:00.00

{START}

{TITLE:
SONY PICTURES CLASSICS}

{The global economic crisis of 2008

cost tens of millions of people their

savings, their jobs, and their homes.

This is how it happened.}

01:
00:41.18

{ICELAND

POPULATION:
320,000

GROSS DOMESTIC PRODUCT: $13 BILLION

BANK LOSSES:
$100 BILLION}

01:
01:07.00

NARRATOR:
Iceland is a stable democracy with a high standard of living; and until

recently, extremely low unemployment and government debt.

ANDRI MAGNASON:
We had the complete infrastructure of a modern society; clean

energy, food production, fisheries, with a quota system to manage them.

GYLFI ZOEGA:
Good healthcare, good education; you know, clean air; uh, not much

crime; uh, it's good, a good place for families to live.

ANDRI MAGNASON:
We had almost, uh, end-of-history status.

01:
01:40.15

NARRATOR:
But in 2000, Iceland's government began a broad policy of deregulation

that would have disastrous consequences; first for the environment, and then for the

economy. They started by allowing multinational corporations like Alcoa to build giant

aluminum-smelting plants, and exploit Iceland's natural geothermal and hydroelectric

energy sources.

ANDRI MAGNASON:
Many of the most beautiful areas in the highlands, with the most

spectacular colors, are geothermal. So nothing comes without consequence.

01:
02:38.19

[BOOM!]

01:
02:53.15

Inside Job transcript – Sony PicturesSeptember 2010

2

NARRATOR:
At the same time, the government privatized Iceland's three largest banks.

The result was one of the purest experiments in financial deregulation ever conducted.

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Charles Ferguson

Charles Henry Ferguson (born March 24, 1955) is the founder and president of Representational Pictures, Inc., and director and producer of No End in Sight: The American Occupation of Iraq (2007) and Inside Job (2010), which won the Academy Award for Best Documentary. Ferguson is also a software entrepreneur, writer and authority in technology policy. more…

All Charles Ferguson scripts | Charles Ferguson Books

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Submitted by acronimous on March 13, 2016

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