Click here for the 30 minute interview where Inside Job Director, Charles Ferguson, discusses his documentary on Wall Street and the financial crisis, Secretary Hank Paulson's motivations behind allowing Lehman Brothers to fail, how "Obama had a once in a century opportunity and blew it", and other topics.
Neither Ferguson or Rose appeared very comfortable during the interview, perhaps due to the fact that Rose is buddy-buddy with prominent New York based bankers such as Steven Rattner, Felix Rohatyn, etc. Kudos to Rose for perhaps risking some of his Wall Street cocktail party invitations by bringing uber-Wall Street critic Ferguson on his show.
Unfortunately, I have not yet been able to see his film. Apparently Ferguson was encouraged by Sony Pictures to cut some of the more embarrassing footage, such as this stunning clip of former Fed Governor Fred Mishkin speaking about his infamous report titled "Financial Stability in Iceland". Sony's and Ferguson's concern was that the film's central message -- that the financial crisis was a crime that should be prosecuted (which has largely failed to happen to date) -- would be overshadowed the utter destruction of Mishkin's, etc. other's credibility.
More from Charles Ferguson on the "subversion of economics", which includes a scathing critique of Larry Summers, and on "Obama's Depressingly Rational Decision to Give In to Wall Street".
Neither Ferguson or Rose appeared very comfortable during the interview, perhaps due to the fact that Rose is buddy-buddy with prominent New York based bankers such as Steven Rattner, Felix Rohatyn, etc. Kudos to Rose for perhaps risking some of his Wall Street cocktail party invitations by bringing uber-Wall Street critic Ferguson on his show.
Unfortunately, I have not yet been able to see his film. Apparently Ferguson was encouraged by Sony Pictures to cut some of the more embarrassing footage, such as this stunning clip of former Fed Governor Fred Mishkin speaking about his infamous report titled "Financial Stability in Iceland". Sony's and Ferguson's concern was that the film's central message -- that the financial crisis was a crime that should be prosecuted (which has largely failed to happen to date) -- would be overshadowed the utter destruction of Mishkin's, etc. other's credibility.
More from Charles Ferguson on the "subversion of economics", which includes a scathing critique of Larry Summers, and on "Obama's Depressingly Rational Decision to Give In to Wall Street".
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