Inside Job

I knew about the collapse of the American financial system, but never to this degree. Gordon Geicko once said, "Greed is good," and yes it sounds cool when it comes from a movie, but in reality this statement couldn't be further from the truth. The documentary explains the breakdown of the system in laymens terms. By the time you're halfway through with it, you realize that the American public was had, hoodwinked and led astray to say the least. There some financial words such as; derivatives, sub-prime loans, deregulation and CDO's which once seemed tough to understand, but after simply taking in the film I've realized the whole structure is a scheme, well used to be a scheme until the bancruptcy of some of our largest banks.